A new cycle of Magpie SubDAO rewards is now live, with over $298K allocated exclusively for vlMGP holders.🔵
Rewards overview:
▫ 88,012 $PNP
▫ 44,639 $EGP
▫ 12,500 $LTP
vlMGP serves as the key to accessing the Magpie Treasury’s SubDAO structure—deployed across @Penpiexyz_io, @Eigenpiexyz_io, and @Listapiexyz_io to streamline capital dynamics and enhance protocol-level alignment.🔗
Yield earnings are converted into $PNP and $EGP tokens. The $LTP tokens, however, come from a reserved allocation and are then redistributed on-chain monthly to vlMGP holders, ensuring sustainable value capture.🔒
With new protocols and ecosystem assets on the horizon, vlMGP holders are positioned to unlock greater earning potential while staying at the core of the growing Magpie ecosystem.⚙️
Claim your share here:⤵️
https://t.co/8qG4KN8xyz