Magpie

About

Magpie, in the context of cryptocurrencies, refers to a platform designed to enhance the yield for liquidity providers and governance token holders involved in veTokenomics protocols. Originating from the concept introduced by Curve, veTokenomics is a model where users lock governance tokens into veTokens (vote-escrowed tokens) for a certain period. This mechanism aims to increase their voting power and entitlement to a protocol's governance token emissions, addressing governance token inflation and rewarding long-term holders.