On the sixth of June at 1pm UTC, the Fly.commerce ($FLY) token technology occasion (TGE) formally launches on Sonic, with Binance Alpha and Kraken.
On the middle of fly.commerce( prev. Magpie Protocol) is the native token, $FLY, a subsequent technology token mannequin that aligns and incentivizes merchants, stakers, and protocols alike. From quantity primarily based rewards, to emissions, bribes, lowered slippage, income share, and extra, $FLY unlocks alternatives to earn like by no means earlier than.
fly.commerce’s tokenomics make use of a ve(3,3)-inspired mannequin tailor-made for an aggregator-first protocol with xFLY turning each commerce into a possibility to earn.
Dealer Incentives: Direct subsidies scale back charges and slippage on high-demand buying and selling pairs.
xFLY: For energetic customers who need to vote, earn bribes, and maximise rewards via staking and buying and selling $FLY in FLY swimming pools.
FLY33: mint your xFLY for set-and-forget participation with auto-compounding rewards and no lock-ups.
Flywheel Impact: By staking and voting, merchants earn extra; the elevated quantity and charges then increase incentives, making a self-reinforcing cycle.
ve33 Governance: Lock $FLY to obtain xFLY, granting governance energy over protocol charges, emissions, and partnerships.
Income Sharing: Protocol charges are distributed to stakers, making a flywheel for long-term holders.
Fly.commerce (beforehand Magpie Protocol) is the main liquidity aggregation and commerce execution protocol throughout the Sonic ecosystem. Designed to simplify cross-chain DeFi, Fly.commerce delivers seamless swaps, optimised routing and one-click staking throughout 19+ chains. Fly.commerce is positioning itself because the go-to execution layer for merchants, protocols, and liquidity suppliers.
Provably Higher Pricing: Fly.commerce’s aggregation algorithm persistently delivers higher swap charges majority of the instances than all main aggregators available in the market, minimising slippage and transaction prices throughout 1000’s of quotes.
Key Benefits: First-to-market cross-chain aggregator powering seamless swaps throughout 18+ chains, supporting virtually each token, together with straightforward identical and cross-chain asset swaps, cross-chain LST/LRT swaps & deposits, LP token swaps, abstracted bridging, integrations and partnerships with a few of the greatest protocols and tasks throughout the Sonic ecosystem and DeFi as an entire.
sixth June, 2025 : $FLY launches on Sonic
Q2 2025: Launch FLY Dashboard, Staking, Emissions, Bribes, and Income Share. Launch Earndrop™. Broaden to EVM chains: Soneium, Summary. Combine Binance and OKX wallets.
Q3 2025: Broaden to EVM chains: MegaETH, Monad, HyperEVM. Broaden to non-EVM chains: Solana, Eclipse. Onboard new protocols and liquidity sources. Launch Swap UI with charts, implement DCA characteristic, and add Restrict Orders.
This autumn 2025: Bridge Aggregation 2.0 improve. Order move monitoring, up to date order routing UI, and launch Fly 2.0: Common Aggregation (Chain-Abstracted UX).
Token Technology Occasion (TGE)
Fly.commerce and $FLY are poised to change into the spine of Sonic’s DeFi economic system with a confirmed itemizing on Binance Alpha and Kraken!
Able to commerce smarter?
TGE Date & Time: Friday, June sixth, 1pm UTC
Lock $FLY to obtain xFLY
Earn Passively with FLY33
Token Utility: Buying and selling incentives, lowered charges & slippage on high-demand pairs, bribes, voting, emissions, multiplier on voting and buying and selling.
For detailed tokenomics, roadmap updates, and find out how to take part within the TGE comply with @flytrade_ on Twitter for real-time updates on the token launch and future developments.
Disclaimer: The knowledge supplied on this press launch isn’t a solicitation for funding, neither is it supposed as funding recommendation, monetary recommendation, or buying and selling recommendation. It’s strongly advisable you observe due diligence, together with session with an expert monetary advisor, earlier than investing in or buying and selling cryptocurrency and securities.
