June-generated SubDAO rewards is live, with over $236,500 available for vlMGP holders.☑️
Breakdown for this cycle:
▫ 62,800 $PNP
▫ 40,000 $EGP
▫ 12,500 $LTP
These rewards originate from Magpie’s SubDAOs structure, deployed across @Penpiexyz_io, @Eigenpiexyz_io, and @Listapiexyz_io. This model is designed to streamline capital flows and align incentives at the protocol level.🔗
How rewards are distributed:
1️⃣ Yield earnings are converted into $PNP and $EGP
2️⃣ $LTP comes from a reserved allocation
3️⃣ All rewards are streamed on-chain over a 30-day period
As a vlMGP holder, you’re at the core of the Magpie Mega DAO economy, with privileged access to sustainable value capture.⚙️
Claim your rewards here:⤵️
https://t.co/8qG4KN7ZJ1