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Apr 22 15 tweets 8 min read Twitter logo Read on Twitter
1) There are plenty of yield farming platforms providing passive returns in the crypto markets.

Not all of them are reputable and great however.

Here's a platform where you can get sustainable real returns on your assets 🧵 👇 Image
2) ⭐ Overview

@magpiexyz_io is a Multi-chain DeFi platform that provides yield and veTokenomics boosting services.

Magpie pools assets together to acquire governance tokens and converts them into veTokens.

This boosts yield for liquidity providers. Image
3) The platform allows users to deposit their Stablecoins, BNB, Liquid BNB, frxETH, ETH, WOM, and mWOM tokens in single-sided boosted pools to earn high APR%.

The project was incubated by @WombatExchange and aims to max governance power on protocols implementing veTokenomics. ImageImage
4) With veToken, users who lock up their governance tokens for longer are rewarded with higher voting weight and rewards.

The supply of governance tokens is reduced, and only holders willing to support the protocol long-term are granted governance power.
5) ⭐ Tokenomics

Magpie uses $MGP as its governance and revenue-sharing token.

#MGP can be locked as Vote-locked MGP (vlMGP) to earn yield and governance rights.

The vlMGP is a cost-effective way for Wombat voters to purchase voting power.
6) ⭐ Magpie Bribery Market

The Magpie Bribery Market enables vlMGP holders to use their voting rights & control how $WOM emissions are distributed among the pools on Wombat.

It's an innovative platform that allows users to use their Vote-Locked $MGP tokens.
7) #Magpie can also maximize the benefits of Wombat Exchange users by locking $WOM tokens and accumulating veWOM.

Magpie recently became the top veWOM holder on #Arbitrum with over +3.3 million veWOM locked.

45% of veWOM is controlled by #Magpie alone. Image
8) ⭐ WOMboarding event

They have done two womboarding events so far, accumulating more than 1.20 million veWOM before launching on #Arbitrum.

Participants claimed 40k USD in USDT & BUSD.
9) ⭐ WOM UP Party 🔥

Convert $WOM tokens to mWOM and lock them in the "mWOM Vault" to get 100% bonus.

Choose "Lock upon convert".

50% of WOM will convert to mWOM at 1:1 ratio and remaining 50% will be used to buy back.

Locked mWOM gives 100% vlMGP bonus and more mWOM.
10) #Magpie also announced the Arbitrum mWOM airdrop on April 7.

This allowed $WOM converters who participated in the #Arbitrum WOMboarding event to claim their mWOM on Magpie using the Arbitrum network.
11) #Magpie their current TVL stands close to 20 million with almost halve of that on #Arbitrum. Image
12) ⭐ Security

#Magpie has been battle tested through several auditors and bug bounty hunters.

Including having a network of notable partners contributing to mutual success. ImageImage
13) ⭐ Conclusion

Magpie is a reputable multi-chain defi platform that offers boosted yield on various assets including stables.

Its easy to use interface and lay-out makes it a solid choice.

Will you be trying it out?

Let me know 🤗

Nova out ❤️ Image
14) I hope you've found this thread helpful.

Follow me @CryptoGirlNova for more.

Like/Retweet the first tweet below if you can:
15) Full disclaimer:

This is a paid advertisement.

Paid endorsements allow me to make my work sustainable and not having to charge anything ever for all the defi/trading guides I write.

Paid or not, none of the endorsements I accept are scams (heavy background check)

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More from @CryptoGirlNova

Apr 23
1) 𝐴𝑠 𝑒𝑛𝑣𝑖𝑟𝑜𝑛𝑚𝑒𝑛𝑡𝑠 𝑐ℎ𝑎𝑛𝑔𝑒, 𝑠𝑜 𝑑𝑜𝑒𝑠 𝑦𝑜𝑢𝑟 𝑝𝑜𝑟𝑡𝑓𝑜𝑙𝑖𝑜.

→ 𝗠𝘆 𝘂𝗽𝗱𝗮𝘁𝗲𝗱 𝗽𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼

Everything I hold and expect to do really well for months or years to come 🧵👇 Image
2) My portfolio will be split in 2 parts:

• Large holdings
• Low holdings

My large holdings can be seen as the main core.

My low holdings are riskier bets with a smaller %.

Both deserve their own section.

Raked from high mc to low.

⏩ Main holdings first ↓
3) $ETH

The mother of all #DeFI and the foundation of every layer 2.

The only one I consider the safest hold in the entire market to park my profits in next to stables.

If I had to choose $BTC or #ETH it would always be #Ethereum.

I still like both though.
Read 23 tweets
Apr 23
1) Even through the minor dip, all top on-chain indicators signal the 𝗲𝗻𝗱 of the bear market.

Here's what analytics firm Glassnode had to say 🧵👇 Image
2) Although there's a minor dip we shouldn't really be worried according to Glassnode.

$BTC has stayed above its realized price (RP) and 200-day moving average (MA) for most of 2023.

This has been a strong indicator in the past.
3) Realized price records the value of all $BTC at the price they were most recently bought, divided by the number of coins in circulation.

#Bitcoin also witnessed increased momentum in terms of network utilization, with upticks in active addresses and fee pressure.
Read 6 tweets
Apr 22
1) Using token terminal is like having a 𝐬𝐮𝐩𝐞𝐫𝐩𝐨𝐰𝐞𝐫.

Use it correctly and you'll find any 100x.

Here's a step-by-step guide 🧵 👇 Image
2) The largest advantage we have compared to traditional markets is on-chain data.

Everything is visible, recorded and transparent.

This leaves us with a large advantage for those knowing how to look it up.

Luckily we have tools for that and guides like these ↓
3) 1️⃣ Visit

You'll be taken to the dashboard where you can see a list of all the dapps Token Terminal covers.

You can sort the list by different metrics such as revenue, daily active users, tvl and many more.

What we really need however is up next ↓ Image
Read 8 tweets
Apr 22
1) True freedom isn't achieved untill you have others to enjoy that freedom with.

When reading @Axel_bitblaze69 latest post about being "saturated in life" at the peak of his financial freedom resonated with me a lot.

A short story 🧵👇
2) 𝑇ℎ𝑖𝑠 𝑡ℎ𝑟𝑒𝑎𝑑 𝑖𝑠 𝑚𝑎𝑖𝑛𝑙𝑦 𝑖𝑛 𝑟𝑒𝑠𝑝𝑜𝑛𝑠𝑒 𝑡𝑜 𝑡ℎ𝑒 𝑝𝑜𝑠𝑡 𝑏𝑒𝑙𝑜𝑤 ↓

Human beings are largely 𝐩𝐮𝐫𝐩𝐨𝐬𝐞 𝐝𝐫𝐢𝐯𝐞𝐧.

Grinding and working all in the hope of achieving something.

Mostly in search of a better life.
3) My best friend achieved 𝐭𝐨𝐭𝐚𝐥 financial freedom earlier than I did.

While crypto brought us both more riches I'm not at the level of lifetime retirement yet.

She has reached that peak though.

We talked and discussed about this a lot and a main conclusion ccame to mind.
Read 11 tweets
Apr 18
1) Market looking gooooood:

• $AZERO pumping
• $MLT pumping
• $DIONE pumping
• $ARB pumping

The wonders of having a diversified portfolio.

Other tokens I expect to be pumping soon based on FA and price analysis 🧵👇
2) $ASTR

After spotting strong early signs of accumulation in my earlier call #AstarNetwork made an explosive breakout.

The market usually follows with a healthy retest after.

This retest looks to be ending with a confirmed breakout on the daily.

Strong fundamentals as well. ImageImage
3) $CHNG

#Chainge has seen a very healthy uptrend the last couple of weeks mainly due to the amount of progress and flawless execution of their product.

The previous confirmed breakout is looking to retest soon with a continuation to the highs and beyond. Image
Read 5 tweets
Apr 17
1) Data still shows volume and activity on #Arbitrum remains sky high.

Despite this we haven't seen a lot of reputable launchpads around.

What if a proven credible launchpad rebrands to launching projects on $ARB and #zkSync? Image
2) @arbipadcom is a launchpad that was recently called "Metaversepad".

A well known criteria I always have is checking for credibility.

Searching for bits of information that proves they are real and not just pretending to launch a product and walk away. Image
3) Metaversepad has a track record of being a credible launchpad that successfully launched new projects.

Since a launchpad does business of launching new projects it makes sence they are looking at #Arbitrum and #zkSync projects next.
Read 11 tweets

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