Today, We will discuss the DeFi project again. Defi trend continues, originally t rend it was in 2020 but until now defi was adopted as the most highly profitable concept. Yaps, this is because many of the community of traders and small investors often play here to get more profit, from the concept of "DeFi" because DeFi has unique properties where everyone can add the so-called "Liquidity" to be able to trade on instant trades that are frequent. we call the AMM exchange. AMM exchangevery different from a Centralized Exchange such as trading Spot. This exchange takes advantage of Liqudity to be able to exchange coins instantly. And people who add Liquidity will get a share of the profits from the "Shared Pool".
There is also something called Yield Farming. Where everyone can take advantage of this feature to invest in the short, medium, and long term. Farming is very popular with the cryptocurrency community today. because with this feature it often makes the Project assets increase many times, This makes two things profitable. The first is because of Yield Farming and because the prices have gone up very high. Yield Farming utilizes Annual Precentage Rate (APR) and Annual Prcentage Yield (APY). The high income of Farming is scaled from APR, APY and user capital. The higher the more.
Well, in this article we will also learn and introduce a DeFi project called MagicBalancer . Before entering the discussion, I hope that we all also read the
MagicBalancer Whitepaper
What makes the MagicBalancer Unique from other Swap Exchanges?
MagicBalancer is a DeFi token with DeFi deflation governance that provides amazing rewards to users active in the smart contract protocol, while smoothly loading transaction rewards with liquidity rebalancing fituers.
The only thing we can trust in the world of cryptocurrency is code, because code never lies and once ordered it cannot change the way it functions. The best dicrypto projects are those that provide 100% protocol and prove that fact with complete code transparency. This is what MagicBalancer has to offer, it is the core of the platform itself and the only way the team will release a protocol.
In essence, MGB tokens charge a 1% fee and the return fee is distributed to existing MGB holders instantly and automatically on every transaction.
The unique feature of MGB smart contracts allows certain addresses such as a uniswap shared pool or exchange wallet to be blocked from earning charges.
therefore, 100% of the fees generated will go to the token holder. The percentage of fees you earn is calculated by the percentage of MGB we have among many holders. This yields a much higher yield. No team team or central party provides fees. There is no need for action on your part other than to detain the MGB in the wallet you control.
💵💵MGB ERC20 Token Information💵💵
300,000 MGB - Total Supply https://etherscan.io/token/0xf4f3d6a60765bf705b27716f50fccba5f0ea0ca1
150,000 MGB - Presale
85,000 MGB - Initial Liquidity
35,000 MGB - Marketing, Promotion and Community Engagement.
30,000 MGB -
Presale Team Token - 1 ETH = 999 MGB ($ 1.5 *)
Presale Max Buy = 3 ETH ($ 4,500 *)
Initial Listing - 1 ETH = 799 MGB ($ 1.88 *) ~ 25% higher than presale
Presale Hardcap = 30 ETH ($ 45,000 *)
70% ETH (21 ETH - $ 31,500 *) is reserved for liquidity.
20% ETH (6 ETH - $ 9,000 *) provides development, partnerships, marketing, community building, cex listings, and
team expansion.
10% ETH (3 ETH - $ 4,500 *) presale referral reward.
*based on an ETH price of $ 1500.00
💵💵Information Token MGB BEP20💵💵
300,000 MGB - Total Supply https://bscscan.com/token/0xf78839b9e972cf15014843a7ca5ebf1e321a284c
150,000 MGB - Presale
85,000 MGB - Initial Liquidity
35,000 MGB - Marketing, Promotion and Community Engagement.
30,000 MGB -
Presale Team Tokens - 1 BNB = 99 MGB ($ 2.5 *)
Presale Max Buy = 30 BNB ($ 7,500 *) ~ No
Initial Listing min amount - 1 BNB = 79 MGB ($ 3.16 *) ~% 25 higher from
presale Hardcap Presale = 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 expanding teams.
10% BNB (30 BNB - $ 7,500 *) presale referral prize.
*based on a BNB price of $ 250.00
Some common Questions........
Is There any Code Difference Between the ETH-BSC chains?
No, there is no fundamental difference between the two chains but there are minor value changer ( e.g. caller funchion reward %1 for BSC)
What Is the BSC ecosystem diferent then the ETH ecosystem?
Since each blockchain has it's own ecosystem, both chains have their own live, this means that price on BSC may not always equal the same on ETH blockchain.
Will there be a BSC to ETH bridge?
Yes, we are planning launching our own MGB token bridge that will allow you to trade your BEP20 MGB for ERC20 MGB and vice versa. However until this is completed you will not be able to trade across the chains.
How do I interact with BSC contracts on Magic Balancer?
Simply change the network on your Metamask or using BSC wallet to connect our site. For BSC we are currently developed the same as magic balancer for ethereum network.
Did Magic Balancer Team develop it's own BSC swap?
Yes, the BSC swap we are using was custom built by the development team,it is best situated to handle our custom token metrics and give the best scurity. There is built in LP locking on inside the swap as wellso you canbe assured that all LP is locked for 90 days at a time. Current swaps are very limited in their abilities when it comes to handling trading wit tokens that have custom metricsh so we needed to develop our own swap to custom fit our mechanics. We also enhanced the buyback strukture with our own swap as we coded in the ability for the buyback to be able to remove just the MGB amount from LP, saving many steps in the process of performing a buyback.
For more information about the MGB Token and the Magic Balancer Project, we can visit the source link below:
Website: magicbalancer.io
Whitepaper: https://github.com/MagicBalancer/Whitepaper/blob/main/whitepaperv1.pdf
Telegram: https://t.me/magicbalancer
Twitter: https://twitter.com/magicbalancer
Github: https://github.com/magicbalancer
Author:
Bitcointalk Username: Simple890