# Latest **URL:** https://gov.magpiexyz.io/latest.md [Latest](https://gov.magpiexyz.io/latest.md) · [Categories](https://gov.magpiexyz.io/categories.md) · [Tags](https://gov.magpiexyz.io/tags.md) --- ## [Welcome to our community!](https://gov.magpiexyz.io/t/welcome-to-our-community/7)
**Author:** [@system](https://gov.magpiexyz.io/u/system)\ **Replies:** 3\ **Last updated:** [December 4, 2022, 11:50am UTC](https://gov.magpiexyz.io/t/welcome-to-our-community/7 "2022-12-04T11:50:44Z")
Hello Magpies! The General Discussion channel can be used for any topics that doesn’t fit into any other category. --- ## [\[MIP #100\] - Determine Magpie’s Stance on Listapie’s LIP #08](https://gov.magpiexyz.io/t/mip-100-determine-magpie-s-stance-on-listapie-s-lip-08/800)
**Author:** [@Lego](https://gov.magpiexyz.io/u/Lego)\ **Replies:** 0\ **Last updated:** [August 21, 2026, 3:39am UTC](https://gov.magpiexyz.io/t/mip-100-determine-magpie-s-stance-on-listapie-s-lip-08/800 "2026-08-21T03:39:01Z")
Abstract This proposal seeks to determine Magpie’s stance on Listapie’s LIP #08, which proposes extending the scope of Listapie’s existing veLISTA authorization to Listapie Lend. Listapie Lend is a new product built on … --- ## [\[LIP #08\] - Extend the Existing veLISTA Authorization to Listapie Lend](https://gov.magpiexyz.io/t/lip-08-extend-the-existing-velista-authorization-to-listapie-lend/799)
**Author:** [@Lego](https://gov.magpiexyz.io/u/Lego)\ **Replies:** 0\ **Last updated:** [August 19, 2026, 12:37am UTC](https://gov.magpiexyz.io/t/lip-08-extend-the-existing-velista-authorization-to-listapie-lend/799 "2026-08-19T00:37:33Z")
Summary This proposal seeks community approval to extend the scope of Listapie’s existing veLISTA authorization to Listapie Lend. Listapie Lend is a new product built on Lista’s lending market. It aims to leverage Lista… --- ## [MIP #99 - Proposal to Sunset Babypie](https://gov.magpiexyz.io/t/mip-99-proposal-to-sunset-babypie/798)
**Author:** [@Lego](https://gov.magpiexyz.io/u/Lego)\ **Replies:** 2\ **Last updated:** [July 31, 2026, 8:33am UTC](https://gov.magpiexyz.io/t/mip-99-proposal-to-sunset-babypie/798 "2026-07-31T08:33:29Z")
Abstract This proposal asks the Magpie community to approve the orderly sunset of Babypie as a standalone product. Babypie was created to explore Bitcoin staking participation through Babylon and bring BTCfi opportuniti… --- ## [\[MIP #98\] – Determine Magpie’s Stance on Penpie’s PIP #27](https://gov.magpiexyz.io/t/mip-98-determine-magpie-s-stance-on-penpie-s-pip-27/797)
**Author:** [@Lego](https://gov.magpiexyz.io/u/Lego)\ **Replies:** 0\ **Last updated:** [July 17, 2026, 1:03am UTC](https://gov.magpiexyz.io/t/mip-98-determine-magpie-s-stance-on-penpie-s-pip-27/797 "2026-07-17T01:03:21Z")
Abstract This proposal seeks to determine Magpie’s stance on Penpie’s PIP #27, which proposes discontinuing all future PNP emissions across the Penpie protocol, realigning Penpie’s incentive structure, and supporting a m… --- ## [\[PIP #27\] - Discontinue Future PNP Emissions](https://gov.magpiexyz.io/t/pip-27-discontinue-future-pnp-emissions/796)
**Author:** [@Lego](https://gov.magpiexyz.io/u/Lego)\ **Replies:** 0\ **Last updated:** [July 17, 2026, 1:02am UTC](https://gov.magpiexyz.io/t/pip-27-discontinue-future-pnp-emissions/796 "2026-07-17T01:02:53Z")
Abstract This proposal seeks to discontinue all future PNP emissions across the Penpie protocol, realign Penpie’s incentive structure, and support a more sustainable long-term token economy for PNP. Motivation The curre… --- ## [\[PIP #26\] - Wrapper Dissolution Decommission](https://gov.magpiexyz.io/t/pip-26-wrapper-dissolution-decommission/794)
**Author:** [@Lego](https://gov.magpiexyz.io/u/Lego)\ **Replies:** 1\ **Last updated:** [June 29, 2026, 1:39am UTC](https://gov.magpiexyz.io/t/pip-26-wrapper-dissolution-decommission/794 "2026-06-29T01:39:45Z")
Subject strictly to structural and liquidity constraints resulting from the deprecation of the vePENDLE framework, a wrapper dissolution smart contract will be deployed to permit Holders of mPENDLE to submit mPENDLE for … --- ## [\[MIP #97\] - Determine Magpie’s Stance on Penpie’s PIP #26](https://gov.magpiexyz.io/t/mip-97-determine-magpie-s-stance-on-penpie-s-pip-26/795)
**Author:** [@Lego](https://gov.magpiexyz.io/u/Lego)\ **Replies:** 0\ **Last updated:** [June 26, 2026, 12:51am UTC](https://gov.magpiexyz.io/t/mip-97-determine-magpie-s-stance-on-penpie-s-pip-26/795 "2026-06-26T00:51:50Z")
Abstract This proposal seeks to determine Magpie’s stance on Penpie’s PIP #26, which proposes deploying a wrapper dissolution smart contract to permit mPENDLE holders to optionally decommission mPENDLE in exchange for PE… --- ## [\[PIP #25\] - Community Voting and Evaluation on Deferring the Execution of PIP #24](https://gov.magpiexyz.io/t/pip-25-community-voting-and-evaluation-on-deferring-the-execution-of-pip-24/792)
**Author:** [@Lego](https://gov.magpiexyz.io/u/Lego)\ **Replies:** 1\ **Last updated:** [June 11, 2026, 10:23am UTC](https://gov.magpiexyz.io/t/pip-25-community-voting-and-evaluation-on-deferring-the-execution-of-pip-24/792 "2026-06-11T10:23:01Z")
Abstract Following the successful passage of governance proposal PIP #24, both the Pendle team and our legal counsel have provided recommendations and considerations regarding the subsequent implementation steps. Due to … --- ## [\[MIP #96\] - Determine Magpie’s Stance on Penpie’s PIP #25](https://gov.magpiexyz.io/t/mip-96-determine-magpie-s-stance-on-penpie-s-pip-25/793)
**Author:** [@Lego](https://gov.magpiexyz.io/u/Lego)\ **Replies:** 0\ **Last updated:** [June 11, 2026, 12:44am UTC](https://gov.magpiexyz.io/t/mip-96-determine-magpie-s-stance-on-penpie-s-pip-25/793 "2026-06-11T00:44:24Z")
Abstract This proposal seeks to determine Magpie’s stance on Penpie’s PIP #25, which proposes deferring the execution of PIP #24 until the ownership, allocation rights, and yield entitlement of the relevant PENDLE and sP… --- ## [\[PIP #24\] - Establishing a Transitional Liquidity Support Mechanism: Borrowing Treasury sPendle to Execute mPendle Buybacks](https://gov.magpiexyz.io/t/pip-24-establishing-a-transitional-liquidity-support-mechanism-borrowing-treasury-spendle-to-execute-mpendle-buybacks/790)
**Author:** [@Lego](https://gov.magpiexyz.io/u/Lego)\ **Replies:** 1\ **Last updated:** [May 29, 2026, 2:15pm UTC](https://gov.magpiexyz.io/t/pip-24-establishing-a-transitional-liquidity-support-mechanism-borrowing-treasury-spendle-to-execute-mpendle-buybacks/790 "2026-05-29T14:15:46Z")
PIP #24 - Establishing a Transitional Liquidity Support Mechanism: Borrowing Treasury sPendle to Execute mPendle Buybacks Abstract This proposal aims to borrow the rewards distributed by sPendle in the treasury to execut… --- ## [\[MIP #95\] - Determine Magpie’s Stance on Penpie’s PIP #24 Transitional Liquidity Support Mechanism Proposal](https://gov.magpiexyz.io/t/mip-95-determine-magpie-s-stance-on-penpie-s-pip-24-transitional-liquidity-support-mechanism-proposal/791)
**Author:** [@Lego](https://gov.magpiexyz.io/u/Lego)\ **Replies:** 0\ **Last updated:** [May 25, 2026, 3:33am UTC](https://gov.magpiexyz.io/t/mip-95-determine-magpie-s-stance-on-penpie-s-pip-24-transitional-liquidity-support-mechanism-proposal/791 "2026-05-25T03:33:59Z")
Abstract This proposal seeks to gather input from vlMGP holders on whether Magpie should support Penpie’s PIP #24, which proposes borrowing unallocated sPendle rewards from the Penpie treasury to execute mPendle buybacks… --- ## [\[PIP #23\] - sPendle Reward Adjustment Proposal](https://gov.magpiexyz.io/t/pip-23-spendle-reward-adjustment-proposal/789)
**Author:** [@Lego](https://gov.magpiexyz.io/u/Lego)\ **Replies:** 0\ **Last updated:** [April 23, 2026, 7:27pm UTC](https://gov.magpiexyz.io/t/pip-23-spendle-reward-adjustment-proposal/789 "2026-04-23T19:27:19Z")
Objective To convert all future rewards generated by sPendle within the Penpie protocol into sPendle. Execution Asset Swap Airdrop tokens received by the treasury will be swapped for PENDLE using the most efficient liqu… --- ## [\[MIP #94\] - Determine Magpie’s Stance on Penpie’s PIP #23 Reward Adjustment Proposal](https://gov.magpiexyz.io/t/mip-94-determine-magpie-s-stance-on-penpie-s-pip-23-reward-adjustment-proposal/788)
**Author:** [@Lego](https://gov.magpiexyz.io/u/Lego)\ **Replies:** 0\ **Last updated:** [April 23, 2026, 7:27pm UTC](https://gov.magpiexyz.io/t/mip-94-determine-magpie-s-stance-on-penpie-s-pip-23-reward-adjustment-proposal/788 "2026-04-23T19:27:16Z")
Abstract This proposal seeks to gather input from vlMGP holders on whether Magpie should support Penpie’s PIP #23, which proposes converting all future rewards generated by sPendle within the Penpie protocol into sPendle… --- ## [\[MIP #93\] - Determine Magpie's Stance on Penpie's PIP #22 Legal Advisory Budget](https://gov.magpiexyz.io/t/mip-93-determine-magpies-stance-on-penpies-pip-22-legal-advisory-budget/787)
**Author:** [@Lego](https://gov.magpiexyz.io/u/Lego)\ **Replies:** 0\ **Last updated:** [April 6, 2026, 9:55pm UTC](https://gov.magpiexyz.io/t/mip-93-determine-magpies-stance-on-penpies-pip-22-legal-advisory-budget/787 "2026-04-06T21:55:19Z")
Abstract This proposal seeks to gather input from vlMGP holders on whether Magpie should support Penpie’s PIP #22, which requests a budget of up to $50,000 for professional legal advisory services. The proposed budget wo… --- ## [\[PIP #22\] - Budget Application for Legal Advisory Fees](https://gov.magpiexyz.io/t/pip-22-budget-application-for-legal-advisory-fees/786)
**Author:** [@Lego](https://gov.magpiexyz.io/u/Lego)\ **Replies:** 0\ **Last updated:** [April 6, 2026, 9:41pm UTC](https://gov.magpiexyz.io/t/pip-22-budget-application-for-legal-advisory-fees/786 "2026-04-06T21:41:13Z")
Abstract Given the recent significant shift in the Pendle ecosystem from vePENDLE to sPENDLE, Penpie needs to conduct a comprehensive legal assessment regarding its new development directions. This proposal aims to reque… --- ## [\[MIP #92\] - Determine Magpie’s Stance on Lista DAO’s Tokenomics 2.0 Proposal](https://gov.magpiexyz.io/t/mip-92-determine-magpie-s-stance-on-lista-dao-s-tokenomics-2-0-proposal/785)
**Author:** [@Lego](https://gov.magpiexyz.io/u/Lego)\ **Replies:** 0\ **Last updated:** [March 30, 2026, 2:28pm UTC](https://gov.magpiexyz.io/t/mip-92-determine-magpie-s-stance-on-lista-dao-s-tokenomics-2-0-proposal/785 "2026-03-30T14:28:12Z")
Abstract This proposal seeks to gather input from vlMGP holders on whether Magpie should support Listapie’s proposal regarding Lista DAO’s LIP 024. The proposed changes include retiring the veLISTA model, unlocking all v… --- ## [\[LIP #07\] - Lista DAO Transition to Tokenomics 2.0 Model](https://gov.magpiexyz.io/t/lip-07-lista-dao-transition-to-tokenomics-2-0-model/784)
**Author:** [@Lego](https://gov.magpiexyz.io/u/Lego)\ **Replies:** 0\ **Last updated:** [March 30, 2026, 2:28pm UTC](https://gov.magpiexyz.io/t/lip-07-lista-dao-transition-to-tokenomics-2-0-model/784 "2026-03-30T14:28:03Z")
Abstract This proposal seeks Listapie community consensus on whether to support Lista DAO’s proposed transition to LISTA Tokenomics 2.0, a structural shift that includes the retirement of veLISTA, the unlocking of all ve… --- ## [Evaluating Strategic Paths Forward](https://gov.magpiexyz.io/t/evaluating-strategic-paths-forward/756)
**Author:** [@Lego](https://gov.magpiexyz.io/u/Lego)\ **Replies:** 110\ **Last updated:** [March 21, 2026, 7:21pm UTC](https://gov.magpiexyz.io/t/evaluating-strategic-paths-forward/756 "2026-03-21T19:21:04Z")
This forum discussion opens a structured governance process following recent changes to the Pendle protocol. Penpie is entering a transition period and will work with the community to evaluate the most resilient path for… --- ## [\[MIP #91\] - Support Optimize mLISTA Revenue Allocation, Treasury Authority, and vlLTP Governance Parameters](https://gov.magpiexyz.io/t/mip-91-support-optimize-mlista-revenue-allocation-treasury-authority-and-vlltp-governance-parameters/755)
**Author:** [@Lego](https://gov.magpiexyz.io/u/Lego)\ **Replies:** 0\ **Last updated:** [January 9, 2026, 11:56pm UTC](https://gov.magpiexyz.io/t/mip-91-support-optimize-mlista-revenue-allocation-treasury-authority-and-vlltp-governance-parameters/755 "2026-01-09T23:56:34Z")
Abstract vlMGP holders are deciding whether Magpie should support Listapie’s governance proposal \[LIP #06\] in the Listapie ecosystem. The proposal adjusts the veLISTA revenue structure to allocate 50% directly to mLISTA … --- ## [\[LIP #06\] - Optimize mLISTA Revenue Allocation, Treasury Authority, and vlLTP Governance Parameters](https://gov.magpiexyz.io/t/lip-06-optimize-mlista-revenue-allocation-treasury-authority-and-vlltp-governance-parameters/752)
**Author:** [@Lego](https://gov.magpiexyz.io/u/Lego)\ **Replies:** 1\ **Last updated:** [January 8, 2026, 7:50am UTC](https://gov.magpiexyz.io/t/lip-06-optimize-mlista-revenue-allocation-treasury-authority-and-vlltp-governance-parameters/752 "2026-01-08T07:50:01Z")
Abstract The proposal aims to comprehensively optimize the revenue distribution and governance system of Listapie (mLISTA). This includes adjusting the veLISTA revenue structure, formally authorizing the treasury to mana… --- ## [Proposal : Distributing the Unclaimed USDTs in Compensation Contract to CKP/vlCKP Holders Before v3.0 Proposal](https://gov.magpiexyz.io/t/proposal-distributing-the-unclaimed-usdts-in-compensation-contract-to-ckp-vlckp-holders-before-v3-0-proposal/736)
**Author:** [@Valeron](https://gov.magpiexyz.io/u/Valeron)\ **Replies:** 2\ **Last updated:** [January 2, 2026, 6:43pm UTC](https://gov.magpiexyz.io/t/proposal-distributing-the-unclaimed-usdts-in-compensation-contract-to-ckp-vlckp-holders-before-v3-0-proposal/736 "2026-01-02T18:43:28Z")
Hi, I want to offer a new proposal where the Unclaimed USDTs in Compensation Contract, additional one more month after full batch of 6 months, should be distributed to the CKP/vlCKP holders before v3.0 proposal. Most o… --- ## [\[EIP #3\] - Reduction of vlEGP Rewards Buyback Threshold from 50% to 30% APR](https://gov.magpiexyz.io/t/eip-3-reduction-of-vlegp-rewards-buyback-threshold-from-50-to-30-apr/750)
**Author:** [@Lego](https://gov.magpiexyz.io/u/Lego)\ **Replies:** 2\ **Last updated:** [December 22, 2025, 8:27pm UTC](https://gov.magpiexyz.io/t/eip-3-reduction-of-vlegp-rewards-buyback-threshold-from-50-to-30-apr/750 "2025-12-22T20:27:25Z")
Abstract This follow-up proposal builds on the existing monthly reward adjustment and buyback mechanism by lowering the APR threshold that triggers excess reward reallocation from 50% to 30%. Rewards in EIGEN and USDT wi… --- ## [\[MIP #90\] - Support Reduction of vlEGP Reward Buyback Threshold from 50% to 30% APR](https://gov.magpiexyz.io/t/mip-90-support-reduction-of-vlegp-reward-buyback-threshold-from-50-to-30-apr/751)
**Author:** [@Lego](https://gov.magpiexyz.io/u/Lego)\ **Replies:** 0\ **Last updated:** [December 19, 2025, 3:20am UTC](https://gov.magpiexyz.io/t/mip-90-support-reduction-of-vlegp-reward-buyback-threshold-from-50-to-30-apr/751 "2025-12-19T03:20:40Z")
Abstract This proposal asks vlMGP holders to decide whether Magpie should support Eigenpie’s EIP #3, which lowers the APR threshold that triggers surplus reward reallocation into the automated EGP buyback program from 50… --- ## [\[MIP #89\] - Phase Out mWOM SV and Reallocate Rewards](https://gov.magpiexyz.io/t/mip-89-phase-out-mwom-sv-and-reallocate-rewards/746)
**Author:** [@Desmen](https://gov.magpiexyz.io/u/Desmen)\ **Replies:** 0\ **Last updated:** [November 14, 2025, 6:02pm UTC](https://gov.magpiexyz.io/t/mip-89-phase-out-mwom-sv-and-reallocate-rewards/746 "2025-11-14T18:02:38Z")
Abstract This proposal seeks approval from vlMGP holders to discontinue the mWOM Stability Vault (SV) and redirect 50% of its MGP rewards to the mWOM Staking Pool. The objective is to consolidate staking incentives and i… --- ## [\[MIP #88\] - Support Redistribution of Liquidation Profit to Re7 Vault LPs](https://gov.magpiexyz.io/t/mip-88-support-redistribution-of-liquidation-profit-to-re7-vault-lps/745)
**Author:** [@Desmen](https://gov.magpiexyz.io/u/Desmen)\ **Replies:** 0\ **Last updated:** [November 12, 2025, 3:02pm UTC](https://gov.magpiexyz.io/t/mip-88-support-redistribution-of-liquidation-profit-to-re7-vault-lps/745 "2025-11-12T15:02:05Z")
Abstract This proposal asks vlMGP holders to decide whether Magpie should support Listapie’s LIP #05, which proposes redistributing 481,801.15 USD1 in liquidation profit to affected Re7 USD1 Vault suppliers. The funds wo… --- ## [\[LIP#05\] - Support ListaDAO’s Proposal to Return Re7 Vault Liquidation Profit](https://gov.magpiexyz.io/t/lip-05-support-listadao-s-proposal-to-return-re7-vault-liquidation-profit/744)
**Author:** [@Desmen](https://gov.magpiexyz.io/u/Desmen)\ **Replies:** 0\ **Last updated:** [November 12, 2025, 2:59pm UTC](https://gov.magpiexyz.io/t/lip-05-support-listadao-s-proposal-to-return-re7-vault-liquidation-profit/744 "2025-11-12T14:59:05Z")
Abstract This proposal seeks to support the return of 481,801.15 USD1 in liquidation profit, accrued during the liquidation of the Re7 USD1 Vault, to affected Vault LP token holders. The redistribution will be conducted … --- ## [\[MIP #87\] – Reduction of MGP Emissions to the mWOM Pools](https://gov.magpiexyz.io/t/mip-87-reduction-of-mgp-emissions-to-the-mwom-pools/743)
**Author:** [@Desmen](https://gov.magpiexyz.io/u/Desmen)\ **Replies:** 0\ **Last updated:** [November 6, 2025, 3:49pm UTC](https://gov.magpiexyz.io/t/mip-87-reduction-of-mgp-emissions-to-the-mwom-pools/743 "2025-11-06T15:49:37Z")
Abstract This proposal seeks approval to reduce MGP emissions allocated to the mWOM pool by 50%. The current emission rates are: 0.0054 MGP/sec on BNB Chain 0.0036 MGP/sec on Arbitrum By halving these rates, Magpie a… --- ## [\[PIP #21\] - vlPNP Consolidation to Arbitrum with Clarification on BSC Operations](https://gov.magpiexyz.io/t/pip-21-vlpnp-consolidation-to-arbitrum-with-clarification-on-bsc-operations/740)
**Author:** [@Desmen](https://gov.magpiexyz.io/u/Desmen)\ **Replies:** 0\ **Last updated:** [September 27, 2025, 2:56pm UTC](https://gov.magpiexyz.io/t/pip-21-vlpnp-consolidation-to-arbitrum-with-clarification-on-bsc-operations/740 "2025-09-27T14:56:48Z")
Reason for Proposal In the PIP-20 vote, some community members voted against the proposal due to concerns that Penpie would fully abandon BSC. The main worries were: A misunderstanding that migrating vlPNP means Magpi… --- ## [\[MIP #86\] - Support vlPNP Consolidation to Arbitrum While Maintaining BSC Operations](https://gov.magpiexyz.io/t/mip-86-support-vlpnp-consolidation-to-arbitrum-while-maintaining-bsc-operations/739)
**Author:** [@Desmen](https://gov.magpiexyz.io/u/Desmen)\ **Replies:** 0\ **Last updated:** [September 27, 2025, 2:52pm UTC](https://gov.magpiexyz.io/t/mip-86-support-vlpnp-consolidation-to-arbitrum-while-maintaining-bsc-operations/739 "2025-09-27T14:52:41Z")
Abstract This proposal seeks to collect feedback from vlMGP holders on whether Magpie should support Penpie’s PIP-21, which proposes consolidating vlPNP governance locks to Arbitrum and sunsetting vlPNP services on Ether… [Next page](https://gov.magpiexyz.io/latest.md?page=1)