Magpie XYZ is a platform launched on BNB Chain & Arbitrum, designed to enhance yields for liquidity providers and governance token holders using veTokenomics protocols. Magpie XYZ enables veTokenomics protocols to:

Attract a broader set of users - liquidity providers who prefer lower risk can earn boosted yield without needing to hold veToken.

Generate additional earnings for veToken holders - veToken holders can receive a portion of Magpie XYZ’s revenue.

Reduce the voting threshold - Magpie XYZ offers a more affordable way to secure voting rights on veTokenomics protocols by using the veToken balance that Magpie XYZ has already built up.

Magpie XYZ begins with integration with Wombat Exchange, then plans to expand to other veTokenomics protocols such as PancakeSwap. Users of Magpie XYZ can directly exchange their WOM token for mWOM. After a successful conversion, Magpie XYZ automatically locks the WOM tokens on Wombat Exchange to build up the maximum veWOM. The accumulated veWOM provides Magpie XYZ with yield-boosting capability on Wombat Exchange.