MGP to CAD Converter

How much Canadian Dollar ( CAD) is 1 Magpie ( MGP)?

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Magpie

MGP

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Canadian Dollar

CAD

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How does it work?

The Morpher currency calculator allows you to convert a currency from Magpie (MGP) to Canadian Dollar (CAD) in just a few clicks at live exchange rates.
Simply enter the amount of Magpie you wish to convert to CAD and the conversion amount automatically populates. You can also use our Prices Calculator Table to calculate how much your currency is worth in other denomination, i.e. 1 MGP, 5 MGP, 10 MGP, 50 MGP etc.

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Quick facts about Magpie

Magpie XYZ is a platform built on BNB Chain to boost yields for liquidity providers and governance token holders of veTokenomics protocols. veTokenomics, introduced by Curve, is a tokenomics model in which users must lock the governance token to veToken (vote-escrowed token) for a fixed period of time to increase their voting power and claims on a protocol's governance token emissions.

This helps the protocol to control the governance token inflation and distribute more governance tokens to long-term holders.

However, veTokenomics still have room for improvement and many veTokenomics protocols face the following issues: - Limited user base - The requirement to buy & lock governance tokens prevents many risk-averse liquidity providers to participate. - Limited income for veToken holders - veToken holders can earn zero or limited passive income. - Expensive voting power - Voters must buy and lock governance tokens in order to gain voting rights. Magpie XYZ offers a solution that helps the veTokenomics protocols to solve the above issues.

Essentially the platform incentivizes governance token holders and liquidity providers to pool their assets together so that the platform can acquire governance tokens, convert into veTokens, boost yield for liquidity providers, and in return share part of protocol revenues derived from liquidity providers’ boosted profits back to governance token holders.

Magpie XYZ helps veTokenomics protocols to: - Get a diverse user base - Risk-averse liquidity providers can get boosted yield without the need of holding veToken. - Increase income for veToken holders - veToken holders can share part of Magpie XYZ’s revenue. - Lower the voting bar - Magpie XYZ provides a cost-effective way to acquire voting rights on veTokenomics protocols by leveraging sufficient veToken balance Magpie XYZ accumulated. Magpie XYZ starts from the integration with Wombat Exchange, and will expand to more veTokenomics protocols like PancakeSwap.

In the long term,

MGP Price Chart

No TradingView Chart Sorry! We can’t find a chart for this market.

MGP to CAD price stats

24hr
-0.72% down
7d
5.17% down
30d
98.26% down
Over the past 30 days, Magpie has gained 98.26% to CAD. The trend and price charts for the past week shows that MGP has gained 5.17% to CAD and over the past 24 hours, MGP has dropped -0.72% to CAD.
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MGP
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CAD
0.5 0.12
1 0.241
5 1.203
10 2.407
50 12.033
100 24.067
500 120.334
1000 240.667
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CAD
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MGP
0.5 0.12
1 0.241
5 1.203
10 2.407
50 12.033
100 24.067
500 120.334
1000 240.667