When will Magpie coins be released?

Mark your calendars for March 15th when Magpie coin kicks off its highly anticipated pre-sale, offering exclusive early access to a revolutionary cryptocurrency poised to redefine DeFi.

Dec 29, 2024 at 06:15 am

Key Points:

• Magpie coin pre-sale begins on March 15th, 2023.
• Magpie coin will be officially listed on exchanges starting April 5th, 2023.
• Magpie coin utility is derived from its role in the MagpieSwap ecosystem.
• Magpie coin uses the ERC-20 standard and runs on the Polygon Network.
• Magpie coin has a maximum supply of 100 million tokens, ensuring its scarcity.
• Magpie coin's price and availability are influenced by market demand and other factors.

Article:

Magpie Coin Release Timeline and Details:

Magpie coin, a highly-anticipated cryptocurrency poised to revolutionize the decentralized finance (DeFi) landscape, is set to make its official debut on March 15th, 2023, with the launch of its pre-sale. This eagerly awaited event will provide investors with an exclusive opportunity to acquire Magpie coins at a discounted price. The pre-sale marks the first step in the release of Magpie coins, paving the way for their subsequent listing on leading exchanges.

Once the pre-sale concludes, Magpie coins will be officially listed on centralized and decentralized exchanges on April 5th, 2023. This will enable wider accessibility and liquidity for Magpie coins, allowing investors to trade and hold the asset with ease.

Magpie Coin Utility and Ecosystem:

Magpie coin derives its utility from its integral role within the MagpieSwap ecosystem. This innovative ecosystem encompasses an array of DeFi services, including automated market making (AMM), yield farming, and governance. Magpie coin is employed as the native currency of this ecosystem, facilitating transactions and rewarding active participants.

One of the prominent applications of Magpie coin is within MagpieSwap's AMM. As liquidity providers deposit their crypto assets into the platform's liquidity pools, they are rewarded with Magpie coins. These rewards incentivize liquidity provision, ensuring ample liquidity for seamless trading and minimize price slippage.

Magpie Coin Tokenomics and Supply:

Magpie coin operates on the ERC-20 standard and utilizes the Polygon Network, renowned for its cost-effectiveness and scalability. To guarantee the coin's scarcity and long-term value, Magpie coin has a predetermined maximum supply capped at 100 million tokens. This fixed supply ensures that the supply of Magpie coins remains finite, preventing inflation and maintaining its intrinsic value.

Magpie Coin Distribution and Availability:

The distribution of Magpie coins is carefully designed to ensure fair and equitable access. A significant portion of the tokens will be allocated to the pre-sale and exchange listings, providing investors with diverse opportunities to acquire the coin. Additionally, Magpie coins will be available on reputable DEXs, further enhancing their accessibility.

The availability of Magpie coins is influenced by market demand and supply. During the pre-sale, coins will be allocated on a first-come, first-served basis. Once Magpie coins are listed on exchanges, their availability will be subject to market dynamics, including buy and sell orders.

FAQs:

Q1. What is the difference between the Magpie coin pre-sale and the exchange listing?

A1. The pre-sale offers an exclusive opportunity to acquire Magpie coins at a discounted price before the coin's wider release. Exchange listing, on the other hand, refers to the availability of Magpie coins on centralized and decentralized exchanges, enabling broader trading and accessibility.

Q2. Where can I purchase Magpie coins?

A2. Magpie coins can be purchased during the pre-sale on March 15th, 2023. Following the pre-sale, Magpie coins will be available on select cryptocurrency exchanges starting April 5th, 2023.

Q3. Why is the maximum supply of Magpie coins limited to 100 million tokens?

A3. The fixed maximum supply of 100 million tokens ensures the scarcity of Magpie coins. This limits the potential for inflation, enhances their long-term value, and encourages holders to adopt a long-term investment perspective.