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 completely deflating and encouraging users to be active while offering great rewards. Each reward token MGB allocated 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 value of MGB is increasing relative to ETH.
The MGB token comes from the community and is a flexible project driven by the community and future community governance can only be achieved through voting.
Recommended process for initiating a proposal:
Send the draft proposal to our telegram group chat.
Conduct an off-chain survey after careful discussion.
Post proposals for governance forums and improve the content.
Create management contracts and run voting campaigns in the MGB community.
Magic Balancing Tokenomics:
Binance Smart Chain Tokenomics:
Total supply: 300,000 MGB
Presale: 150,000 MGB
Initial liquidity: 85,000 MGB
Marketing: 35,000 MGB
Team Coins: 30,000 MGB
Awarded for liquidity: 70% BNB
Provides future development, partnerships, marketing, community building, share ownership and team expansion: 20% BNB
Reference Prize: 10% BNB
ETH Tokenomic:
Presale: 150,000 MGB
Initial liquidity: 85,000 MGB
Marketing, Promotion & Community Engagement: 35,000 MGB
Team Coins: 30,000 MGB
Provided for liquidity: 70% ETH
Provides future development, partnerships, marketing, community building, sex job listings and team expansion: 20% ETH
Referral prize: 10% ETH
Magic Balancing Roadmap:
Q1 2021
Tokomics development and functions
Contract development, front site and dAPP. Book
White Writing
Pre-Sales Launch of MGB at Uniswap and Pankeswap.
Influential Marketing Campaigns
Launched Community Development and Generosity Campaign
Q2 2021
ETH ~ BSC Bridge
Reliable Partnership for
Q3 2021 Project
MagicSwap launches
MGB DAO creation for management
Transfer of ownership under a management agreement
K4 2021
Preparing roadmap for 2022
For more information, please visit the link below:
Website: https://magicbalancer.org/
Telegram: https://t.me/magicbalancer
Twitter: https://twitter.com/magicbalancer
Governance: https://vote.magicbalancer.org/#/
Github: https://github.com/magicbalancer
Author:
Username: Damkar58
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1925168
ERC-20: 0xFa468a5de2759AC15f1191d9A78240F2e7B137B0
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