[PRESS RELEASE – Dubai, UAE, May 28th, 2024]
Magpie Protocol pronounces its integration into the AI-powered auto-trading copilot, Mainline ALPHA, in what’s the first integration of Magpie Protocol’s API. This integration will permit Mainline ALPHA customers to leverage Magpie’s proprietary routing set of rules for quick, stock, and accomplished cross-chain swaps.
Mainline ALPHA is a platform providing each and every consumer a personalised AI in response to their buying and selling personal tastes. It shall we customers make a choice their most popular chance and automation ranges. On the similar hour, the AI learns from each and every interplay, giving it the power to put together knowledgeable automatic trades for the consumer when allowed to take action.
Magpie Protocol is a decentralized liquidity aggregation protocol designed to lend the most productive switch trade in around the lead blockchains with out requiring the bridging of any belongings. It harnesses liquidity from present DEXs, bridging liquidity chains each inside of and cross-chain to let go fragmentation and maximize liquidity utilization.
Integrating Magpie’s API will permit Mainline ALPHA to industry a immense collection of tokens throughout a couple of blockchain networks seamlessly. Magpie Beta recently works throughout 8 chains: Ethereum, Polygon PoS, BNB Subtle Chain, Avalanche, Arbitrum, Optimism, Polygon zkEVM, and Bottom, with extra at the approach.
Magpie API
Magpie deals its API for alternative DeFi platforms taking a look to leverage its cross-chain functions. This API supplies endpoints designed to cater to numerous facets of quotes for on-chain swaps, cross-chain swaps, bridge varieties, liquidity assets, and many others.
Magpie API endpoints facilitate a territory of functionalities. Those come with quotes for the swaps, balances, and networks supported for swapping and extra complicated operations like distributions. Every endpoint has realistic to life documentation telling builders of its explicit goal, required enter parameters, and the construction of the output knowledge in addition to sunlit examples of utilization.
Magpie’s API provides DeFi platforms a chance to lend their customers with a bigger pond of industry possibilities in a capital-efficient approach in lieu than restricting swaps to a handful of local belongings and stablecoins. For example, integrating with Magpie grants Mainline ALPHA get right of entry to to 1000’s of tokens that customers can securely and successfully switch cross-chain.
The Magpie-Mainline ALPHA co-integration is totally abstracted from the consumer to develop a buying and selling revel in that will another way be not possible with present bots.
About Magpie
Magpie Protocol is a decentralized liquidity aggregation protocol for cross-chain swaps. It’s designed to resolve two main problems in DeFi: Bridging and liquidity aggregation. Magpie protocol makes a speciality of pace, safety, leisure of usefulness, gasoline charges, consumer revel in, and aggregation to develop a quick and gas-efficient strategy to cross-chain swaps. This permits it to lend the most productive trade in on any asset around the lead blockchains while not having to bridge.
Magpie’s perceptible is to climate the life of the way crowd engage with monetary techniques constructed on decentralized generation. It’s non-custodial, that means the consumer keeps custody in their tokens.
About Mainline Alpha
Mainline Alpha is an Omni-Chain, AI-powered, auto buying and selling copilot that makes use of its personal proprietary social understanding algorithms to expect value actions. It combines marketplace data and social sentiment with complicated arithmetic and magazine machine-learning fashions to show marketplace developments and put together knowledgeable and automatic trades by and for its customers.
Mainline ALPHA doesn’t collect the consumer’s non-public keys.
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