Magic Balancer ensures that its cost per recharge is constantly increasing

Magic Balancer ensures that its cost per recharge is constantly increasing


What is Magic Balancer?

Magic Balancer is a deflationary governance DEFI token that provides exceptional rewards to active users through smart contract protocols, while seamlessly integrating transaction rewards with liquidity rebalancing features.

The MGB token is designed to be sustainable and maximize its value by being truly deflationary and encouraging users to be active while offering exceptional rewards. Every reward token that MGB allocates never compromises the overall supply, which means that growing the MGB token will never be difficult. Every Magic Balancer protocol is 100% untrustworthy and requires no human intervention to work. This ensures that all Magic Balancer protocols can run forever and will never be disabled by human intervention. This also means that you, as a token holder, will never 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 prove this fact with complete code transparency. This is exactly what Magic Balancer offers, it is our core belief and the only way to ever release protocols.

Magic Balancer ensures that its cost per recharge is constantly increasing. This is done by temporarily removing some of the liquidity from the MGB / ETH pair, market buying MGB for ETH, and then burning any remaining MGB. Essentially, the balance of the Uniswap MGB / ETH pair is rebalancing and the value of the MGB increases relative to ETH.

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

Features of Magic Balancer

Rebalancing With
each rebalancing, the price of the $ MGB token can grow up to% 2. This can happen every hour up to 24 times a day! In 1 week, the presale of this mechanism for 1 MGB worth $ 4,000 will be completed.

Exchange
The Exchange is an Automated Market Maker (“AMM”) that allows you to exchange two tokens on the Binance Smart Chain and Ethereum Mainnet.
ETH ~ BSC Bridge
A mechanism that allows the exchange of tokens between cross-chains without any volatile losses.

Token $ MGB
The KEY $ MGB mechanic ensures that its uniswap price is constantly increasing in value (assuming market pressure is neutral). This is done by temporarily removing some of the liquidity from the $ MGB / ETH pair, market buying $ MGB for ETH, and then completely burning the remaining $ MGB. Basically, a rebalancing of the Uniswap $ MGB / ETH pair and an increase in the value of $ MGB in relation to ETH.

This token is designed specifically for integration into the Necromancer ecosystem.
The $ MGB token is extremely simple and only serves two purposes.

Function A
1% is added to liquidity on sales, purchases and transactions ~ This allows us to have liquidity at all times to perform function B.
LP Rewards
~ Every time function 2 is called, all $ MGB from function 1 is allocated to LP providers.
~ All you have to do to claim these rewards is to provide liquidity.
After the release of MagicSwap
All taxes are sent to an address that will subsequently be added to $ MGB / rETH in

MagicSwap.
Function B The function of buying and burning liquidity becomes available once an hour and can be invoked by anyone.
The caller of the function will receive 5% of $ MGB as an incentive to spend gas (% 1 for BSC).


When the function is called:

2% of the liquidity is removed.
The liquidity is then divided into ETH and
the ETH market buys $ MGB for $ MGB.
95% of the MGB is then burned.
5% MGB is sent to the caller of the function (to incentivize the user to spend gas, for BSC% 1)

Tokenomics for the ETH network 300,000 MGB - total volume https://etherscan.io/token/0xf4f3d6a60765bf705b27716f50fccba5f0ea0ca1
  • 150,000 MGB -
  • 85,000 MGB pre-sale - initial liquidity
  • 35,000 MGB - Marketing, Promotions and Community Engagement.
  • 30,000 MGB -
  • Team Token Pre-Sale - 1 ETH = 999 $ MGB (1.9 $)
  • Max. Buy Presale = 3 ETH ($ 5700)
  • Initial Listing - 1 ETH = $ 799 MGB ($ 2.38) ~ 25% higher than 25% higher
  • Hardcap Presale Pre -Sale = 30 ETH ($ 57,000) USD)
  • 70% of ETH (21 ETH - USD 39,900) is provided for liquidity.
  • 20% ETH (6 ETH - $ 11,400) provides future development, partnerships, marketing, community building, stock exchange listing and team expansion.
  • 10% ETH (3 ETH - $ 5,700 *) for a presale referral fee.

Tokenomics for BSC
  • 150,000 MGB - Pre-Sale
  • 85,000 MGB - Initial Liquidity
  • 35,000 MGB - Marketing, Promotions and Community Engagement.
  • 30,000 MGB -

  • Pre-sale of team tokens - 1 BNB = 99 $ MGB (2.5 $)
  • Max. Buy on Presale = 30 BNB ($ 7,500) ~ No minimum amount
  • Initial Listing - 1 BNB = $ 79 MGB ($ 3.16) ~ 25% more than
  • Hardcap Presale Pre -Sale = 300 BNB ($ 75,000)
  • 70 % BNB (210 BNB - $ 52,500) is provided against liquidity.
  • 20% BNB (60 BNB - $ 15,000) provides future development, partnerships, marketing, community building, Cex listing and team expansion.
  • 10% BNB (30 BNB - $ 7,500 *) for the presale referral fee.

Magic Balancer roadmap:

Q1 2021

Tokenomics and feature
development Contract, front-site and dAPP development.
White paper writing MGB
pre-
launch at Uniswap and Pankeswap.
Launch an Influential Marketing Campaign
Community Development & Partnership Campaign , Generosity,

Q2 2021

ETH ~ BSC bridge
Reliable project partnership

Q3 2021

Launch of MagicSwap
Establish MGB DAO for management
Transfer of ownership under management agreement

Q4 2021

Prepare roadmap for 2022

Official site of the Magic 

Balancer community: http://magicbalancer.org/

AUTHOR
Bitcointalk Username : oneal.ngeplox
ETH Wallet Address : 0x647Cd0A9B5108980BF3bf3672b739376FFA167a9
at March 27, 2021

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