MagicBalancer

MAGIC BALANCE


Source:  https://magicbalancer.org/

In this article, we will discuss the DeFi project again. The DeFi trend continues, initially this trend was in 2020. However, until now DeFi is still being adopted as the latest concept which is very profitable. Yaps, this is because many of the community of traders and small investors often play here to get more profit, from the concept of  "DeFi"  because DeFi has unique properties where everyone can add the so-called "Liquidity" to be able to trade on instant trades that are frequent. we call the AMM exchange. AMM exchange very different from a Centralized Exchange such as trading Spot. This exchange takes advantage of Liqudity to be able to exchange coins instantly. And people who add Liquidity will get a share of the profits from the "Shared Pool".

There is also something called  Yield  Farming. Where everyone can take advantage of this feature to invest in the short, medium, and long term. Farming is very popular with the cryptocurrency community today. because with this feature it often makes the Project assets increase many times, This makes two things profitable. The first is because of  Yield  Farming  and because the prices have gone up very high. Yield Farming utilizes Annual Precentage Rate (APR) and Annual Prcentage Yield (APY). The high income of Farming is scaled from APR, APY and user capital. The higher the more.

Well, in this article we will also learn and introduce a DeFi project called  MagicBalancer . Before entering the discussion, I hope that we all also read the  MagicBalancer Whitepaper.

What is MagicBalancer?

MagicBalancer is a DeFi token with DeFi deflation governance that provides amazing rewards to users active in the smart contract protocol, while smoothly loading transaction rewards with liquidity rebalancing fituers. MGB tokens are designed to be sustainable and maximize their value to be truly deflationary and encourage active users to offer amazing prizes. Each prize will be distributed via MGB tokens with a structured supply, this means that the growth of MGB tokens will not be hindered by anything.

Every MagicBalancer protocol is built to be 100% reliable and requires no human interaction to keep it running. This means all MagicBalancer protocols can run indefinitely and are never closed by the intervention results. This also means that as
a token holder there is no need to place trust in anyone for whatever reason.

The only thing we can trust in the world of cryptocurrency is code, because code never lies and once ordered it cannot change the way it functions. The best dicrypto projects are those that provide 100% protocol and prove that fact with complete code transparency. This is what MagicBalancer has to offer, it is the core of the platform itself and the only way the team will release a protocol.

In essence, MGB tokens charge a 1% fee and the return fee is distributed to existing MGB holders instantly and automatically on every transaction. The unique feature of MGB smart contracts allows
certain addresses such as a uniswap shared pool or exchange wallet to be blocked from earning charges.

therefore, 100% of the fees generated will go to the token holder. The percentage of fees you earn is calculated by the percentage of MGB we have among many holders. This yields a much higher yield. No team team or central party provides fees. There is no need for action on your part other than to detain the MGB in the wallet you control.

Example of MGB Token Profit Mechanism

Example (if 150ETH @ $ 150000 is raised in presale)
- $ 157,500: 70% Liquidity on exchange
- 2 % Liquidity Pool removed: $ 3,150
- divided into: $ 1,575 ETH and $ 1,575 MGB
- 5% of MGB sent to celler: $ 78.85
- eth swap for MGB: $ 1,575
- 90% of MGB burned: $ 2,835
value added (from the above example)
- $ 1,575 buy market ETH
- $ 2,835 MGB burned
- $ 3,150 total capital balanced

This is one of the buyback statistics, buybacks can occur up to 24 times a day. with a minimum of 200 MGB tokens

MGB has 2 chains, namely the eth chain (ERC20) and the bsc chain (BEP20). Below is the tokenomic of the MGB token:


Tokenomics for ETH Chain

Hard and fast supply: 300,000 MGB   https://etherscan.io/token/0xf4f3d6a60765bf705b27716f50fccba5f0ea0ca1

Presale: 150.000 MGB

Liquidity Starting: 85,000 MGB

Publication, Promotion and Community Engagement: 35,000 MGB Token Team: 30,000 MGB

Presale - 1 ETH = 999 MGB ($ 1.5 *)

Buy Maks Presale = 3 ETH ($ 4,500 *)

Initial Listing - 1 ETH = 799 MGB ($ 1.88 *) ~% 25 higher than Presale Hardcap = 30 ETH ($ 45,000 *)

70% ETH (21 ETH - $ 31,500 *) is awarded for liquidity.

20% ETH (6 ETH - $ 9,000 *) provides future unexpected developments, associations, advances, environment, post cex and expand meetings.

10% ETH (3 ETH - $ 4,500 *) presale referral reward.  based on an ETH fee of $ 1500.00

Tokenomics for BSC

Complete Supply: 300,000 MGB:   https://bscscan.com/token/0xf78839b9e972cf15014843a7ca5ebf1e321a284c

Presale: 150.000 MGB

Initial Liquidity: 85,000 MGB

Showcasing, Promotion and Community Engagement: 35,000 MGB Token Team: 30,000 MGB

Presale - 1 BNB = 99 MGB ($ 2,5 *)

Presale Max Purchase = 30 BNB ($ 7,500 *) ~ No min

Initial Listing - 1 BNB = 79 MGB ($ 3.16 *) ~% 25 higher than Presale Hardcap = 300 BNB ($ 75,000 *)

Magic Balancing Roadmap:

K1 2021

  • Tokomic development and functions
  • Contract development, front site and dAPP.
  • Writing white paper
  • Pra-garam
  • Launch of MGB at Uniswap and Pankeswap.
  • Start an impactful marketing campaign
  • Community Development and Partnership Generosity Campaign

K2 2021

  • ETH ~ BSC Bridge
  • Reliable project partnerships

K3 2021

  • Launch of MagicSwap
  • Creating MGB DAO for Management
  • Transfer of ownership based on management agreement

K4 2021

  • Prepare a road map for 2022
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Learn more:

Website: https://magicbalancer.org/

Whitepaper:  https://github.com/MagicBalancer/Whitepaper/blob/main/whitepaperv1.pdf

Telegram:  https://t.me/magicbalancer

Twitter:  https://twitter.com/magicbalancer

Governance:   https://vote.magicbalancer.org/#/

Github:  https://github.com/magicbalancer

Username: Gonjaless

Link:    https://bitcointalk.org/index.php?action=profile;u=312241

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