Magic Balancer is the most unique DEFI token.

The existing DeFi products currently target the lending business. Some of the DeFi products that are well known in the world include Compound, MakerDAO, and Synthetic. But in fact DeFi's potential can sweep all types of businesses in the financial industry. Savings, loans, trading, and insurance according to Pandu can be offered with the DeFi protocol.

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 bounty 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.

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 project driven by the community and future community governance can only be achieved through voting.

After the birth of cryptocurrency, DeFi tokens (decentralized financial tokens) have plagued the financial sector throughout 2020. While many projects are still in their early stages of development, DeFi tokens have emerged and caused frenzy in the crypto market which of course reminds us of the euphoria of Bitcoin. , Ethereum, and others in 2017. Decentralized Finance or DeFi is a system that aims to provide financial services that are open, unlicensed, transparent and available to everyone without centralized authority.

Features

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
The exchange is an automated market maker ("AMM") that allows two tokens to be exchanged on the Binance Smart Chain and Ethereum Mainnet. Mechanism

ETH ~ BSC Bridge
which allows for the exchange of tokens between cross-chains without any impermanent losses.

MGB token
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 carry out Function B.

LP Prize

• Each 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 provide liquidity.

• After MagicSwap was released
  All taxes go to the address to then be added to $ MGB / retH at

MagicSwap Function B Function

• Buy and Burn Liquidity
  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)

When the function is called:

• 2% of liquidity is removed
  Liquidity is then divided into ETH and $ MGB
  ETH market buys $ MGB
• 95% of the MGB was then burned
• 5% of MGB sent to function callers (to incentivize user expenditure, for BSC% 1)

Tokenomics for ETH Chain

• 300,000 MGB - Total Supply https://etherscan.io/token/0xf4f3d6a60765bf705b27716f50fccba5f0ea0ca1
• 150,000 MGB - Pre-sale
• 85,000 MGB - Initial Liquidity
• 35,000 MGB - Marketing, Promotion and Community Engagement.
• 30,000 MGB - Team Tokens
• Presale - 1 ETH = 999 $ MGB (1.9 $)
• Presale Max Buy = 3 ETH ($ 5,700)
• Initial Listing - 1 ETH = 799 $ MGB ($ 2.38) ~ 25% higher than presale
• Hardcap = 30 ETH ($ 57,000)
• 70% ETH (21 ETH - $ 39,900) is reserved for liquidity.
• 20% ETH (6 ETH - $ 11,400) provides future development, partnerships, marketing, community building, cex lists and expansion teams.
• 10% ETH (3 ETH - $ 5,700 *) pre-sale referral reward.

Tokenomics for BSC

• 300,000 MGB - Total Supply https://bscscan.com/token/0xf78839b9e972cf15014843a7ca5ebf1e321a284c
• 150,000 MGB - Pre-sale
• 85,000 MGB - Initial Liquidity
• 35,000 MGB - Marketing, Promotion and Community Engagement.
• 30,000 MGB -
• Presale Token Team - 1 BNB = 99 $ MGB (2.5 $)
• Maximum Pre-sale Purchase = 30 BNB ($ 7,500) ~ No minimum amount
• 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.

Magic Balancing Roadmap:

• K1 2021
  Tokomics development and functions
  Contract development, front site and dAPP.
  Writing Launch white paper
  Pre-sale
  MGB at Uniswap and Pankeswap.
  Starting an influential marketing campaign,
  Community Development and Partnership Generosity Campaign

• Q2 2021
  ETH ~ BSC Bridge
  Reliable project partnerships

• Q3 2021
  Launch of MagicSwap
  Make a MGB DAO for
  Transfer of Management Ownership based on management agreement

• Q4 2021
  Prepare a road map for 2022

Detail Information:
Magic Balancer Community Official Site: 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

Author: Amild
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2583828
My Wallet Address: 0xbf00577895715883E63C6694D33dA51b1cDEBDa8