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Magpie XYZ Integrates Chainlink Automation

Share on X icon · Published 3 years ago on December 29, 2022 · Hassan Maishera

Chainlink announced via Twitter on Wednesday that Magpie XYZ — a yield-boosting DeFi platform — has integrated Chainlink Automation live on BNB Chain mainnet.

Magpie XYZ Integrates Chainlink Automation

Chainlink announced via Twitter on Wednesday that Magpie XYZ — a yield-boosting DeFi platform — has integrated Chainlink Automation live on BNB Chain mainnet. Magpie XYZ will be leveraging Chainlink Automation to help securely and cost-efficiently trigger the harvest function that claims rewards. As a result, Magpie XYZ users will benefit from more timely reward distributions.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down by 1% over the past 24 hours and is trading at $5.702 at press time.

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Hassan Maishera
Hassan Maishera Senior Reporter

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.