Smart convert
On this page
Minting is always 1 LISTA → 1 mLISTA. When mLISTA trades below 1 LISTA on PancakeSwap, buying it there gives you more mLISTA per LISTA. The smart convertor splits your LISTA between the two routes in one transaction.
Your LISTA
amount
split
Buy on PancakeSwap
while mLISTA < 1 LISTA
remainder
Mint 1:1
the rest
How the split is chosen#
For your amount, the Magpie backend models the LISTA/mLISTA pool and finds how much LISTA can be spent buying mLISTA before its price reaches 1:1. That becomes the convert ratio, the share minted 1:1:
minted = amount × ratio / 10,000
bought = amount − minted (swapped on PancakeSwap)
min received = estimate × (1 − slippage) → reverts below this
What the panel shows#
- ≈ X mLISTA (+Y%): the minimum you will receive after slippage, and how much more that is than a plain 1:1 mint.
- Slippage (gear icon): default 5%, presets 1 / 3 / 5%.
- The estimate values the DEX leg at the pool’s current price; the real swap also pays the pool’s fee and moves the price.
Example · 1,000 LISTA, pool at 0.80 LISTA per mLISTA, ratio 5,000 (illustrative)
- Minted 1:1
- 500 LISTA → 500 mLISTA
- Bought on PancakeSwap (estimate)
- 500 LISTA / 0.80 = 625 mLISTA
- Estimate
- 1,125 mLISTA
- Minimum at 5% slippage
- 1,125 × 0.95 = 1,068.75
- Panel shows
- ≈ 1,068.75 mLISTA (+6.9%)
Convert reverted?
In a thin pool, the DEX leg’s fee and price impact can push the result below your minimum and the convert reverts. Convert a smaller amount or raise the slippage setting and try again.