beltinelblogspot: Maret 2021

Magic Balancer

a deflationary governance DEFI token that awards outstanding rewards to active users

Magic Balancing

Decentralized Finance is a topic of conversation because of the innovative character of its services which are inclusive (everyone can get the same service, without minimum transactions), open source (transparent, everyone can contribute), non-custodial (service providers do not store data and do not have access to funds from customers) and does not have an intermediary because it is regulated by a smart contract so that it saves a lot of costs and has very flexible space in determining interest rates for both lenders and lenders.

introduction

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.

The MGB token comes from the community and is a flexible community driven project and future community governance can only be achieved through voting.

Magic Balancing Feature

Rebalance
Each $ MGB token price rebalance can go up to% 2. This can happen every hour up to 24 times a day! After 1 week Presale expires $ 1 MGB worth of $ 4000 for this mechanism.
Exchange
Exchange is an automated market maker (“AMM”) that allows two tokens to be exchanged on the Binance Smart Chain and Ethereum Mainnet.
ETH ~ BSC Bridge Mechanism
that allows token exchange between cross chains without impermanent loss.

Token $ MGB

The KEY $ MGB mechanic ensures that uniswap prices continue to increase in value (Assuming neutral Market pressure). This is done by temporarily removing a portion of the liquidity from the $ MGB / ETH pair, buying the $ MGB market with ETH, then burning the entire remaining $ MGB. Essentially rebalancing Uniswap's $ MGB / ETH pair and increasing the $ MGB value in relation to ETH.
This token is specifically designed to be integrated into the Necromancer ecosystem.
The $ MGB token is very simple and has only two functions.

Function A
1% is added to liquidity when selling, buying, and txn ~ This allows us to continue to have liquidity to run Function B.
LP Rewards
~ Every time function two is called, all $ MGB from function one is distributed to the LP provider.
~ All you need to do to get this reward is to provide liquidity.
After MagicSwap is released
All taxes go to the address to be added to $ MGB / rETH in the
MagicSwap B Function
Buy and Burn Liquidity B function is
available once an hour and can be called by anyone.
Callers of the function will receive 5% of $ MGB in incentives to spend Gas. (% 1 for BSC)

Fitur Magic Balancer Swap:

Biaya Zero Swap
2% amount of slippage required
Internal 90 days LP lockout, read “getUserLock” function then enter MGB contract address and click query for LP unlock time.
Flashloan and Flashswap are protected, designed for user interaction only
No liquidity required for functionality.

Governance

The MGB token comes from the community and is a flexible community-based project. MGB is a community governance token, and future community governance can only be achieved through an MGB vote

The voting period for each proposal is 3 days. If the quorum reaches 20% and the support level reaches 66% at the end of the vote, the proposal is deemed to have passed.

Tokenomics for ETH Chain

Total Supply - 300,000 MGB
Presale – 150.000 MGB
Initial Liquidity - 85,000 MGB
Marketing - 35,000 MGB
Token Tim – 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 pre-sale
Presale Hardcap = 30 ETH ($45,000*)
70% ETH (21 ETH - $ 31,500 *) is reserved for liquidity.
20% ETH (6 ETH - $ 9,000 *) provides future development, partnerships, marketing, community building, cex lists and expansion teams.
10% ETH (3 ETH - $ 4,500 *) pre-sale referral reward

Tokenomics for BSC

Total Supply - 300,000 MGB
Presale – 150.000 MGB
Initial Liquidity - 85,000 MGB
Marketing - 35,000 MGB
Token Tim – 30.000 MGB
Presale – 1 BNB = 99 MGB ($ 2,5 *)
Presale Max Buy = 30 BNB ($ 7,500 *)
Initial Listing - 1 BNB = 79 MGB ($ 3.16 *) ~% 25 higher than presale
Presale Hardcap = 300 BNB ($ 75.000 *)
70% BNB (210BNB - $ 52,500 *) is reserved for liquidity.
20% BNB (60 BNB - $ 15,000 *) provides future development, partnerships, marketing, community building, cex lists and expansion teams.
10% BNB (30 BNB - $ 7,500 *) pre-sale referral reward.

ROADMAP

K1 2021

• Develop tokenomics and features

• Develop contract, front end website and dAPP

• Writing a whitepaper

• Presale

• Launched MGB at Uniswap and Pancakeswap

Start an influencer marketing campaign

• Community growth and bounty for partnership campaigns

K2 2021

• ETH ~ BSC Bridge

• Secure project partnerships

K3 2021

• Launch of MagicSwap

• Create a DAO MGB for government

• Transferring contractual ownership to a governance contract

K4 2021

• Prepare a road map for the future of 2022

Conclusion:

The only thing you can trust in the crypto space is code, it never lies and once implemented, it can never change the way it performs functions. The best projects in crypto are those that provide 100% trustless protocols and prove that fact with complete code transparency. This is what Magic Balancer has to offer, it is our core belief and the only way we will release a protocol.

beltinelblogspot

Selasa, 30 Maret 2021