Abracadabra Developer Docs
  • Getting Started
    • Introduction
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      • Cauldron V1
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      • Cauldron V3
        • Cauldron V3_2
        • Whitelisted CauldronV3
      • Cauldron V4
        • PrivilegedCauldronV4
        • GmxV2 CauldronV4
      • Liquidations
    • Proxy Oracles
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    • MIMSwap
  • Periphery Contracts
    • Swappers
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      • GLP Self Repaying
      • magicGLP
      • magicAPE
    • Withdrawers
    • CauldronOwner
    • GMX V2 OrderAgent & RouterOrder
      • GmxV2CauldronOrderAgent
      • GmxV2CauldronRouterOrder
  • Token Related
    • MIM
    • Omnichain MIM
      • LzProxyOFTV2
      • LzIndirectOFTV2
      • ElevatedMinterBurner
    • SPELL
    • sSPELL
      • 1InchSpellSwapper
    • mSPELL
      • mSpellSender
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      • mSpellReporter
  • Deployment Addresses
    • Ethereum Mainnet
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    • BNB Chain
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    • Blast Mainnet
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magicGLP

GLP Autocompounder

magicGLP is Abracadabra’s auto-compounder for GLP tokens, where ETH yield produced by GLP farming is automatically auto-compounded back into magicGLP.

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

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Last updated 9 months ago