Magic Balancer - ETH-BSC chain rebalancing protocol

in magicbalancer •  4 years ago 

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 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 their 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, shareholding and team expansion: 20% BNB
  • Reference Prize: 10% BNB

Tokenomic ETH

  • 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:

K1 2021

Tokomic development and functions

Contract development, front site and dAPP.

Writing white paper

Pre-sale

Launch of MGB at Uniswap and Pankeswap.

Start an impactful marketing campaign

Community Development and Partnership Generosity Campaign

K2 2021

ETH ~ BSC Bridge

Reliable project partnerships

K3 2021

Launch of MagicSwap

Creating MGB DAO for Management

Transfer of ownership based on management agreement

K4 2021

Prepare a road map for 2022

More information about this project:

profile :

bitcointalk username : lani123lani
bitcoin talk url : https://bitcointalk.org/index.php?action=profile;u=1220105
ERC-20, BEP-20 Address: 0xa811fEa9DbB8C331cad33447e387AcdE2A9a0F6D

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