Hello everyone, this time I will introduce a very good project, the Magic Balancer, and for more details, let's just go to the review.
About Magic Balancing
Magic Balancer is a deflationary governance DEFI token that rewards active users via a smart contract protocol, while seamlessly integrating transaction rewards with the liquidity rebalancing feature.
MGB tokens are designed to be sustainable and maximize their value by actually deflating and encouraging users to be active while offering great rewards. Each MGB allocated reward token never jeopardizes the entire supply, which means that MGB token growth will never be difficult. Every Magic Balancer protocol is created to be 100% distrustful and requires no human intervention to operate. This ensures that all Magic Balancer protocols can run forever and will never be disabled by human intervention. It also means that you, as the token holder, don't have to trust anyone for any reason. The only thing you can trust in the crypto space is the code, it never lies,
The best crypto projects are those that provide 100% unreliable protocols and attest to this fact with complete code transparency. This is what Magic Balancer has to offer, it is our core belief and the only way to release a protocol.
Magic Balancer ensures that the cost per refill continues to increase in value. This is done by temporarily removing a portion of the liquidity from the MGB / ETH pair, buying the MGB market with ETH, and then burning all the remaining MGB. Basically, the balance of the Uniswap MGB / ETH pair is being restored and the MGB value is increasing relative to ETH.
Starting in March. 17 at 19:00 UTC. No need for a whitelist. Two weeks max.
Held live on magicbalancer.org, to participate simply select which chain you want to buy, connect your Metamask, enter the amount of ETH-BNB you want to send and click buy. MGB tokens will be returned immediately via our pre-sale contract. Metamask is preferred, don't use an exchange account.
No min, purchase 3 ETH-30 BNB Max.
- 10% referral prize is distributed instantly via a pre-sale contract. Click the REFERAL button in the Presale section and copy your referral link (required to connect to the wallet)
- Each $ MGB rebalance token price can go up to% 2. This can happen hourly up to 24 times a day!
After 1 week Presale expires $ 1 MGB worth of $ 4000 for this mechanism.
Example of one REBALANCE (if 300 BNB @ $ 250.00 are pooled in the presale)
- $ 52,500 ~ 70% Liquidity On Listing
- 2% LP Removed ~ $ 1,050
- Split Into ~ $ 525 BNB & $ 525 MGB
- 1% Of MGB Sent To Callers ~ $ 10.5
- BNB Swaps For MGB ~ $ 525
- 90% Of MGB Burnt ~ $ 945
Value Added (from the example above)
- $ 525 Buy BNB Market
- $ 945 MGB Burned
- $ 1,575 Total Rebalanced Capital
Token MGB
KUNCI MGB experts ensure that uniswap fees continue to grow (Assuming market pressure is fair). This is done by briefly taking the liquidity of the MGB / ETH pair, buying the market MGB with ETH, then gobbling up all the extra MGB. Fundamentally rebalanced the Uniswap MGB / ETH pair and improved MGB ratings as demonstrated by ETH. This token is expressly regulated to be incorporated into Necromancer's natural framework. MGB tokens are very self-explanatory and have only two limitations.
Function A
- 1% added to liquidity on sales, purchases and txn
- This gives us a license to have non-stop liquidity to carry out the B Function.
- LP Rewards
- Whenever a second job is called, all MGB from job one is streamed to the LP provider.
- All you need to do to get the prize is to provide liquidity.
- After MagicSwap shipped
- All obligations go into an area to be later added to MGB / rETH on MagicSwap
Function B
Liquidity Buy and Burn
Limit is opened once an hour and can be summoned by anyone. Visitors to this limit will get 5% of the MGB for inspiration to consume Gas. (% 1 for BSC). Right when the limit is called:
- 2% of the liquidity is taken liquidity is then divided into ETH and MGB
- ETH market buys MGB
- 95% of the MGB is then burned
- 5% of the MGB given by the visitor of the ability (to support the customer's gas discharge, for BSC% 1) To consider the important functions that visitors have in any event 200 MGB.
ROADMAP
To find out more can visit the link below :
- Official Website : http://magicbalancer.org/
- Whitepaper : https://github.com/MagicBalancer/Whitepaper/blob/main/whitepaperv1.pdf
- Telegram : https://t.me/magicbalancer
- Github : https://github.com/magicbalancer
- Medium : https://wizarddefi.medium.com/
- Twitter : https://twitter.com/magicbalancer
- Snapshot : https://vote.magicbalancer.org
- Governance: https://vote.magicbalancer.org
- Discord: Coming soon
Author : GEMSE29
My BTT : https://bitcointalk.org/index.php?action=profile;u=1813088
ETH : 0x31cAff27C9d74048375ec5E1e301fC10bd5d0954
