> For the complete documentation index, see [llms.txt](https://dev.abracadabra.money/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://dev.abracadabra.money/periphery-contracts/wrappers/magicape.md).

# magicAPE

magicAPE is Abracadabra’s auto-compounder for APE tokens, where APE yield produced from staking is automatically auto-compounded back into magicAPE.

It's an ERC4626, also know as vault tokens, and rewards are accrue via an increase in APE per mAPE as harvests happen.