Magpie Boosts
Last updated
Last updated
Boosts are tasks that users can complete multiple times for increased rewards that focus on multiple key areas of DeFi to ensure that all ecosystem participants — traders, liquidity providers, and those that borrow/lend have ways to earn meaningful rewards.Boosts are tasks that users can complete multiple times for increased rewards that focus on multiple key areas of DeFi to ensure that all ecosystem participants — traders, liquidity providers, and those that borrow/lend have ways to earn meaningful rewards.
Magpie Fragments: Tokenized Sonic gem rewards for trading and interacting with select protocols through our Boosts, including DEXs, lending platforms, and asset issuers within the Sonic ecosystem.
Magpie Eggs: Eggs are collected through completed Boosts, limited to 100 per user per boost, and will be converted to reward users with FLY post TGE.
Sonic Points: Due to the nature of aggregation, users can earn Sonic Points by conducting swaps through Magpie, as your swaps, liquidity provision, or asset minting is all routed through Sonic-native protocols who may also have rewards points for using them.
Other protocol rewards: Partner protocol’s rewards will also be stacked on top of all magpie incentives.
This could mean a swap through our Boost could stack Magpie Fragments, Magpie Eggs, Sonic Points, Rings Protocol Points, and Veda points, quintuple dipping on rewards!
Magpie will be adding more Boost campaigns as time goes on and you can check our Boost page here, or click on the Boost Icon in the upper left of the app, to see all ongoing Boosts.
As Magpie was a Sonic Boom winner, we were awarded an allotment of Sonic Gems to give out to our community. As such, we're calling these Magpie Fragments (Sonic Gems tokenized by) and rewarding users who actively engage with different protocols within Sonic’s ecosystem through the Magpie dApp and Boost campaign. But that's not all, there are more incentives to be had:
