MagpieMagpie protocol is a cross-chain liquidity aggregator that enables seamless cross-chain swaps with near-instant finality and cost efficiency on many of the top blockchains. Seed Round $3 Million IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
|
What is Magpie
Magpie protocol is a cross-chain liquidity aggregator that enables seamlesscross-chain swaps with near-instant finality and cost efficiency on many of the
top blockchains, all without the need to bridge any assets, making for an
extremely fast, secure, easy, and gas efficient solution.
Magpie protocol incorporates a unique technical implementation that allows
execution of cross-chain swaps without the need for the user to bridge assets
from any of the top bridges. This saves time and cost by reducing the complexity
and security risks involved in using any of the bridging solutions to move assets
across chains.
Compared to other options in DeFi, when a user swaps using Magpie, they don’t
need to go to the corresponding bridge, learn how to use it, spend a bunch of
gas on transfers and time waiting, only to then have to go back to the DEX to make a swap. While in some ways similar to 0x, Paraswap, and 1inch, the
advantage of Magpie comes in its user experience, security, ease-of-use, and
speed, all while providing users with the best prices on tokens both within-chain
and cross-chain.
DetailsRaised: 3,000,000 USDLegalRegistration year: 2022 |
Magpie Roadmap
1
Q2 2022 April-May
- Branding, website and social media campaign
2
Q2 2022 June
- Website launch
- Awareness campaign
3
Q3 2022 July
- Private alpha testing
4
Q3 2022 August-September
- Public alpha release
- Support for 4 chains
- Extensive Marketing campaign
5
Q4 2022 October-November
- Public beta release
- Support for 5+ chains
- Token launch build up
6
Q4 2022 November-December
- FLY public sale
- Token launch
7
2023
- Cross-chain yield aggregation
- Private RFQ market makers
- Support for Cardano
- Stable v1.0 release
8
2024
- Swing trading AMM pools
Project team
Ikram Ansari
Co-founder & Chief Information Officer
Ali Raheman
Founder & CEO
Ali Rizvi
Full-stack Developer
Gergely Hegyközi
Chief Technology Officer
Loïc A.
Chief Strategy Officer
Igors Fridkins
Business Development
Mikhail Hancharyk
Frontend Developer
Fadi Zatara
COO
Julian Bachelet
Marketing Manager
Gabriel Greco
Social Media Manager
Salami Emmanuella
Community Manager
MATTHEW BREEDEN
WriterWriter
Alice H.
Solidity Developer