VSC is now Magi Network. 🧙‍♂️ Built to make crypto truly connected, fast and feeless. Born on Hive, built for all of crypto. Explore the next era of cross-chain interoperability: ➡️magi.eco ➡️peakd.com/@magi.network Read more: peakd.com/vsc/@vsc.network/v…

FEATURE RELEASE: INCENTIVE PENDULUM IS LIVE!😎 What is the incentive pendulum?: Magi depends on two things staying in balance: Liquidity (funds in pools) Security (staked collateral) The Pendulum automatically shifts rewards toward whichever side is lacking. Too little security? → More rewards to node operators Too little liquidity? → More rewards to LPs It constantly pulls the system back to a healthy ratio: 1.5× security over liquidity Why this matters for Hive: This is a real new use case: HIVE → staked as collateral securing cross-chain value HBD → unit of account, pricing & rewards HIVE is no longer just held it’s actively securing liquidity and earning yield For node runners: ➡️Earn HBD from protocol fees every epoch ➡️Rewards scale with your staked HIVE bond ➡️System automatically increases rewards when security is needed Summary: Self-balances liquidity security Turns HIVE into productive collateral Pays operators who keep the network safe peakd.com/hive/@magi.network…

Hive will no longer be limited to a single ecosystem ⚡️ In this video, we’re using Keychain Multichain to: 🔹 Log in to Altera from @magi_network 🔹 Interact with an EVM dApp 🔹 Swap HIVE to HBD inside the dapp Soon, Hivers will be able to manage Hive, EVM tokens, swaps, bridges, NFTs, and more… all from the same wallet 👀 🗝️ One wallet for every chain. Every token. Every dApp.

Writing contest winner announcement. $500 USD in BTC and 90,000 Hive Power has been distributed to winners. Congratulations to everyone. 😎 peakd.com/@magi.network/magi…

A short statement on the Hive Engine situation and what it means for Magi security. Worth a read if you have any questions. Link below. peakd.com/hive/@magi.network…

A full breakdown of the new Magi Token SDK by @tibfox. This changes what building on Hive looks like. Deploy an NFT collection from scratch. Mint. Deploy your own fungible token. Issue tokens. All from Altera, no smart contract knowledge required. For developers, there's a drop-in widget and headless SDK functions so you can build your own token platform without touching Magi internals. This is the missing piece for artists, game creators, and community builders on Hive who wanted on-chain assets without the technical barrier. Full video walkthrough all links: peakd.com/hive-139531/@tibfo…

Who wants to win some Bitcoin? 😎 All you have to do is write about Magi. Use it. Screenshot it. Write it. Best short posts share in $500 USD in $btc and 90k Hive delegations. All the info in the post below on how to participate. That's it. Go.🏃‍♂️ peakd.com/hive/@magi.network…

I know its only been a few days since the last announcement but that's just how we do it. 😎 You can now create and manage your own tokens and NFT collections on Magi, no coding required. Deploy a token, mint NFTs, transfer, burn, airdrop to hundreds of wallets at once. All from a simple interface, with whatever Hive wallet you already use. Builders get a full developer toolkit too, drop it into any website or app in React, vanilla JS, Vue, or Svelte. One line of code gives your users a complete asset management panel. Try it: token-sdk.okinoko.io/ peakd.com/hive/@magi.network…

The crosschain future of crypto needs a base currency nobody controls. That currency is HBD. Hive's own decentralized stablecoin, no corporate issuer, no kill switch, no permission required. Here's how Magi is making HBD the backbone of global crosschain DeFi. peakd.com/hive/@magi.network…

The Magi 2026 proposal is live. 🎉 We cover in depth what we will be delivering in the near future and what has already been done this year. The proposal ask has been reduced by 22% from the current proposal in solidarity with the Hive community that has supported us thus far. Great things are coming and we would appreciate your support greatly, once again. peakd.com/hive/@magi.network…

The EVM integration work is mostly complete and working end to end on the Magi testnet. We are going through final testing and should have it ready soon to release with $DASH. We're also building ZK proof verification for the EVM integration. In plain terms: right now every validator node on the network would need to run a full Ethereum node alongside Magi, which adds significant hardware cost and complexity. ZK proofs solve this. This keeps validator requirements lean and affordable as the network grows, which matters a lot when you're supporting dozens of chains. Hardware cost that multiplies per validator, per chain doesn't scale which is already visible with other projects solving similar problems to the ones we are trying to solve in the crosschain space. Finally, work is underway on the Incentive Pendulum, the mechanism that enables validators to earn fees from swaps. This is one of the key remaining pieces before we can meaningfully grow our liquidity pools.

The Magi SDK v1.0 is now available for integration! This changes what any Hive connected website can do. Under the hood: a self-contained cross-chain swap widget built on Magi. Four integration modes: 1. React component 2. Web Component 3. SDK-only headless, 4. BTC deposit flow with no wallet required. Pool-derived pricing, CSS variable theming, neutral defaults out of the box. What that means for you: drop native BTC and HIVE swaps into your website in 5-10 minutes and earn a % on every single trade. (default is 0% so you need to apply your own rate) No redirects. No third-party exchanges. Your users never leave your platform. If you run a Hive frontend, a wallet, a game, a blog you can become a cross-chain liquidity aggregator overnight. One component, your referral address, done. This is what DeFi infrastructure is supposed to look like. Currently v1 is Hive ecosystem facing. You can connect the widget to any hive signer you want (even private key auth). Future additions to the SDK will allow for easy integrations with partners outside the Hive ecosystem and Bitcoin/EVM wallet connections. Live demo and integration docs: magisdk.okinoko.io/

This is real!!! I sent in BTC on chain. Exchanged HBD for BTC. Deposited HBD and BTC in the pool! Now I'll be working on tighter integration of v4vapp and Magi.

Two days ago we launched the first trustless, non-custodial swaps on Magi with HIVE/HBD and BTC/HBD pools. The launch went better than expected and only minor bugs surfaced that were swiftly dealt with. Right now, we are starting work on UI optimisation for Altera and the Incentive Pendulum that will allow for validators/node runners to start earning rewards for securing the chain. Over the next couple of days, starting with $DASH, $Ethereum and $USDC, we will be adding more liquidity pools. The community support has been overwhelmingly positive and we want to repay the community by continuing to deliver at this accelerated pace for as long as we can. Start your crosschain journey today. altera.magi.eco/

We are live! Go to altera.magi.eco and test the first trustless crosschain swaps ever on Hive. This is day 1 software and the pools have shallow liquidity for now so any large swap in relation to pools can move the price. If you have a Xverse and Leather wallet you can now also hold Hive and HBD in Bitcoin wallets. Transfer BTC, Hive and HBD between your Hive wallet address and your BTC wallet address. peakd.com/hive/@magi.network…

We executed the first native BTC swaps on Magi in both directions. Real Bitcoin came in, hopped through HBD as settlement, and arrived as native HIVE on Hive mainnet. Reversed: HIVE through HBD and out as real BTC on Bitcoin mainnet, completely trustless, TSS signed, without bridges, wrapped tokens, and middlemen. vsc.techcoderx.com/tx/bafyre… mempool.space/tx/338213c775f… We did it! Next we are bringing native DASH, DOGE, BCH to Magi with plans for ETH and USDC starting, all with a Fiat onramp and offramp. No more CEX dependence for Hive and any future project we integrate with. A better, decentralized future begins today.

We have owed you a Development update for a while now so here it is😎. The last two months have been the most productive stretch this project has ever had. Thanks for being patient while we were heads-down in work, the pace isn't slowing down, quite the opposite. peakd.com/hive/@magi.network…

Big week for Magi. TSS is back online. This is the cryptographic backbone that secures every key, every signature, every transaction on the network. Getting this right was non-negotiable and we got it right. Real users, real swaps, almost time. Altera (our frontend) final touches are underway.

We are currently fully focused on clearing bugs introduced by the launch of TSS on mainnet. TSS implementation that the Magi team is doing is one of the most complex engineering endeavors in crypto, but we are confident that we will be able to deal with the problems we are tackling at this time.

BTC crosschain liquidity pools are almost here. The chain oracle is live and working on testnet, BTC block data is being relayed and validated on-chain through our threshold signature system. The infrastructure that makes native BTC possible on Magi is up and running. We've been quietly tightening the router, hardening how assets flow into pools. Every pool on Magi pairs against the Hive stablecoin - $HBD, and the plumbing needs to be airtight before we open the doors. Final checks are underway. When it launches, you'll be able to provide liquidity and swap natively between $BTC, $HIVE, $HBD, no wrapped tokens, no custody, no KYC. Just assets moving between chains the way they should. In parallel to TSS adjustments and fixes we have completed work on 3 more integrations that we will be releasing on a schedule. $DASH and more to follow.

As native $BTC liquidity pools prepare to launch on MAGI in the coming days, we’re excited to announce the start of our next major integration with our friends at @Dashpay. Dash has established itself as being one of the most important privacy coins in the cryptocurrency market, built to keep financial activity protected. Magi is bringing native $DASH into a non-custodial, cross-chain liquidity network, creating one of the most meaningful connections ever built between the Hive and Dash communities. ➡️ Direct native swaps between DASH and BTC, HIVE, HBD, and all future integrated blockchains ➡️ Non-custodial, trustless ➡️ No KYC. No wrapped IOUs. No centralized custody. Unlike traditional cross-chain AMMs, every pool pairs assets against $HBD, a decentralized non-KYC stablecoin based on the Hive blockchain, meaning liquidity providers are not exposed to volatility from the opposite asset. ➡️ More predictable liquidity provisioning ➡️ Stable routing across chains ➡️ No forced exposure to price movement of another volatile asset. With Magi, DASH becomes a peer asset in the future global liquidity layer. What our technology also enables: ➡️ BTC, HIVE, wallets holding and sending DASH through using our “Native Asset Mapping” tech ➡️ Payments made in DASH directly from other chain wallets on Magi network ➡️ Real cross-chain user flow and new liquidity access for the Dash ecosystem And this is just the beginning. In the near future we aim to allow DASH wallets to interact directly with our application layer and Smart Contracts, creating more utility for Dash users as well as creating a multi-chain future for those building applications on Magi.