What is Magpie? 👇
DeFi is the foundation upon which a fair, trustless, and inclusive global economy is built.
But it also has its fair share of problems that must be addressed for a digital economy to thrive.
Let’s dive in…
Over the last year and a half, crypto has seen the TVL on #blockchains go from less than $1 billion to over $180 billion at its peak. 🤯
As liquidity pours into alternate layer 1 and 2 chains, there is an ever-growing necessity for efficient, secure, and simple cross-chain swaps.
What do the bridges do, you might ask❓
Bridges are often not enough of a solution by themselves, as after using a bridge, you need a DEX or DEX aggregator to complete the process.
To add, most of them are ecosystem-dependent, slow, and semi-centralized.
Here comes Magpie Protocol! 💪
Magpie is a cross-chain swap protocol that only uses bridges to communicate swap signals between chains. It is fast, secure, and chain agnostic, offering a super-slick and unrivaled user experience.
⚡️ The most straightforward way to describe #Magpie is that it facilitates cross-chain swaps without bridging. We accomplish this by using bridges as an inter-chain messaging service through our partner #Wormhole, thus enabling near-instant finality for cross-chain swaps.
Choose the pair and chain(s) of your choice between which you’d like to swap tokens and choose from the list of offers. Magpie then sends a message via the generic messaging layer on Wormhole to initiate and execute a swap across chains. You then receive the asset(s)! 🎉
Using this approach, we believe that Magpie is the future of multi- and cross-chain exchange infrastructure.
We also plan to continue building upon this technology, adding additional #blockchain support, features, and technology to power #DeFi cross-chain infrastructure. 💙
At Magpie, we are proud to help unlock the future of #DeFi, which will be cross-chain, seamless and open.
To learn more, visit our website 👇
https://www.magpiefi.xyz/
DeFi is the foundation upon which a fair, trustless, and inclusive global economy is built.
But it also has its fair share of problems that must be addressed for a digital economy to thrive.
Let’s dive in…
Over the last year and a half, crypto has seen the TVL on #blockchains go from less than $1 billion to over $180 billion at its peak. 🤯
As liquidity pours into alternate layer 1 and 2 chains, there is an ever-growing necessity for efficient, secure, and simple cross-chain swaps.
What do the bridges do, you might ask❓
Bridges are often not enough of a solution by themselves, as after using a bridge, you need a DEX or DEX aggregator to complete the process.
To add, most of them are ecosystem-dependent, slow, and semi-centralized.
Here comes Magpie Protocol! 💪
Magpie is a cross-chain swap protocol that only uses bridges to communicate swap signals between chains. It is fast, secure, and chain agnostic, offering a super-slick and unrivaled user experience.
⚡️ The most straightforward way to describe #Magpie is that it facilitates cross-chain swaps without bridging. We accomplish this by using bridges as an inter-chain messaging service through our partner #Wormhole, thus enabling near-instant finality for cross-chain swaps.
Choose the pair and chain(s) of your choice between which you’d like to swap tokens and choose from the list of offers. Magpie then sends a message via the generic messaging layer on Wormhole to initiate and execute a swap across chains. You then receive the asset(s)! 🎉
Using this approach, we believe that Magpie is the future of multi- and cross-chain exchange infrastructure.
We also plan to continue building upon this technology, adding additional #blockchain support, features, and technology to power #DeFi cross-chain infrastructure. 💙
At Magpie, we are proud to help unlock the future of #DeFi, which will be cross-chain, seamless and open.
To learn more, visit our website 👇
https://www.magpiefi.xyz/
www.fly.trade
Fast and easy cross-chain swaps - Fly
Swap crypto assets efficiently between any chains, without the need to bridge. Fly is fast, secure and easy-to-use. Currently compatible with 12+ chains.
🔥3👏1
We're Magpie, and we believe transparency is the #1 key to building an open and supportive community!
Starting today, we'll be introducing our team members to you in a series of tweets. 👥
Let’s dive into the people behind the vision 🧵👇
Today, it's @rahemanali — our Founder & CEO! 💫
Working on projects since 15, Ali discovered his passion in #Blockchain, AI, AR/VR, autonomous mobility, #DeFi and more. Ali co-founded Trimark Technologies, a tech consulting & project management firm based in Xi’an.
Ali’s strengths lie in Product Designing, Management and R&D. After graduating from med school, Ali went on to co-found @AI_Autonio. Autonio Foundation is a software company based in the UK, democratizing access to AI-powered trading tools and infrastructure 🙌
Fast forward to now, Ali has founded @MagpieProtocol, the cross-chain liquidity protocol, where he follows his passion for blockchain, tech and #DeFi.
Outside of work, Ali loves playing music, gaming and is a huge #ChelseaFC fan! 🔵
Starting today, we'll be introducing our team members to you in a series of tweets. 👥
Let’s dive into the people behind the vision 🧵👇
Today, it's @rahemanali — our Founder & CEO! 💫
Working on projects since 15, Ali discovered his passion in #Blockchain, AI, AR/VR, autonomous mobility, #DeFi and more. Ali co-founded Trimark Technologies, a tech consulting & project management firm based in Xi’an.
Ali’s strengths lie in Product Designing, Management and R&D. After graduating from med school, Ali went on to co-found @AI_Autonio. Autonio Foundation is a software company based in the UK, democratizing access to AI-powered trading tools and infrastructure 🙌
Fast forward to now, Ali has founded @MagpieProtocol, the cross-chain liquidity protocol, where he follows his passion for blockchain, tech and #DeFi.
Outside of work, Ali loves playing music, gaming and is a huge #ChelseaFC fan! 🔵
👏7🔥3
GM Magpie Protocol community!☕️
Today we are presenting more Magpie Team members, the brilliant minds behind our mission.
Introducing Fadi, our COO! 💪
Fadi, a 2010 grad of the University of Jerusalem has over 11 years of experience in the Enterprise and start-up sector. He's led many projects in his previous roles as a Senior Program Manager and Operations Manager to add to his institutional portfolio.
🙆♂️ Skilled in analytical thinking, strategic planning, leadership, and management, he joined @AI_Autonio, where he has since been the Head of Operations, leading staff members and evaluating project progress to achieve results efficiently.
Fadi is a #blockchain and #crypto enthusiast, a -get it done- operations fanatic with previous experience in Management with a lot of crypto-based knowledge.
In his free time, you can find him enjoying time with his family, reading, and traveling. 🥾
Stay tuned as we are introducing more team members next week!
Today we are presenting more Magpie Team members, the brilliant minds behind our mission.
Introducing Fadi, our COO! 💪
Fadi, a 2010 grad of the University of Jerusalem has over 11 years of experience in the Enterprise and start-up sector. He's led many projects in his previous roles as a Senior Program Manager and Operations Manager to add to his institutional portfolio.
🙆♂️ Skilled in analytical thinking, strategic planning, leadership, and management, he joined @AI_Autonio, where he has since been the Head of Operations, leading staff members and evaluating project progress to achieve results efficiently.
Fadi is a #blockchain and #crypto enthusiast, a -get it done- operations fanatic with previous experience in Management with a lot of crypto-based knowledge.
In his free time, you can find him enjoying time with his family, reading, and traveling. 🥾
Stay tuned as we are introducing more team members next week!
👍10
Introducing our Tech Lord, Gergely Hegykozi 💻
Greg is a highly skilled & ambitious developer seeking to elevate the technology in #crypto. After spending +13 years as a developer, he is no stranger to working with #blockchain-based technologies.
🧩 In 2021, he worked for @AI_Autonio as a Lead Developer and successfully launched @AI_smartdex & NIOX Maker.
As the CTO and co-founder of Magpie, Gergely is now in charge of development. In 2022, he and his team developed Magpie's first scalable chain agnostic aggregator, and now he's responsible for keeping it running smoothly.
He is a fitness guy; in his free time, he likes to work out, do calisthenics, or just recharge through short sun baths from time to time. ☀️ He also enjoys playing billiards, bowling, or board games when he is spending time with his friends.
Stay tuned as we are introducing more team members next week!
Greg is a highly skilled & ambitious developer seeking to elevate the technology in #crypto. After spending +13 years as a developer, he is no stranger to working with #blockchain-based technologies.
🧩 In 2021, he worked for @AI_Autonio as a Lead Developer and successfully launched @AI_smartdex & NIOX Maker.
As the CTO and co-founder of Magpie, Gergely is now in charge of development. In 2022, he and his team developed Magpie's first scalable chain agnostic aggregator, and now he's responsible for keeping it running smoothly.
He is a fitness guy; in his free time, he likes to work out, do calisthenics, or just recharge through short sun baths from time to time. ☀️ He also enjoys playing billiards, bowling, or board games when he is spending time with his friends.
Stay tuned as we are introducing more team members next week!
🔥4👏1
⚡️ What's the biggest problem #DeFi's been facing?
If you said ""interoperability"" give yourself a pat on the back 😁
💪 DeFi needs interoperability and #MagpieProtocol is building a more interconnected #blockchain future.
Read our blog here ⬇️
https://medium.com/@Magpieprotocol/powering-tomorrows-defi-applications-629987f32f4e
If you said ""interoperability"" give yourself a pat on the back 😁
💪 DeFi needs interoperability and #MagpieProtocol is building a more interconnected #blockchain future.
Read our blog here ⬇️
https://medium.com/@Magpieprotocol/powering-tomorrows-defi-applications-629987f32f4e
#MagpieProtocol is building an interconnected #blockchain future 🧩
In case you missed it, we cover why cross-chain DeFi interoperability matters, and how Magpie is enabling its future.
📖 Read here: https://medium.com/@Magpieprotocol/powering-tomorrows-defi-applications-629987f32f4e
Or check out our thread🧵 https://twitter.com/magpieprotocol/status/1544698002316570624
In case you missed it, we cover why cross-chain DeFi interoperability matters, and how Magpie is enabling its future.
📖 Read here: https://medium.com/@Magpieprotocol/powering-tomorrows-defi-applications-629987f32f4e
Or check out our thread🧵 https://twitter.com/magpieprotocol/status/1544698002316570624
Medium
Powering Tomorrow’s DeFi Applications
Blockchain, the underlying technology behind cryptocurrencies and NFTs, is without a doubt among the most important technologies of our…
👍4
⚡️ #ICYMI, we published a blog post on the billion-dollar problem #blockchain's facing. In this, we covered:
1. What is it?
2. Why is it so relevant?
3. How #MagpieProtocol solves it?
Read more: https://medium.com/@Magpieprotocol/how-magpie-is-solving-the-blockchain-bridge-problem-437d160b6170
1. What is it?
2. Why is it so relevant?
3. How #MagpieProtocol solves it?
Read more: https://medium.com/@Magpieprotocol/how-magpie-is-solving-the-blockchain-bridge-problem-437d160b6170
Medium
How Magpie Is Solving the Blockchain Bridge Problem
Why are blockchain bridges so vulnerable to cyber threats? In the crypto space, this is known as the ‘billion-dollar bridge problem’ and…
👏1
This media is not supported in your browser
VIEW IN TELEGRAM
Not only will you be able to swiftly trade your tokens on #MagpieProtocol in just a few clicks, we even take care of the cross-chain ⛓swapping for you! 💫
#defi #blockchain #cryptocommunity
#defi #blockchain #cryptocommunity
👍3👏2
Would you like to be able to trade your assets with a few clicks and migrate to new networks without the hassle?
- Yes? We can do that! 😉
#MagpieProtocol #Defi #Blockchain
- Yes? We can do that! 😉
#MagpieProtocol #Defi #Blockchain