Magic Balancer

 

Magic Balancer is a deflationary governance DEFI token.



Decentralized Finance is a topic of conversation because of the innovative character of its services which are inclusive (everyone can get the same service, without minimum transactions), open source (transparent, everyone can contribute), non-custodial (service providers do not store data and do not have access to funds from customers) and does not have an intermediary because it is regulated by a smart contract so that it saves a lot of costs and has very flexible space in determining interest rates for both lenders and lenders.

And today I would like to invite you to get acquainted with one of the governance token platforms.
Yups, it's a magic balancer,
what's the platform like?
Let's find out….

What is a Magic Balancer?

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

Governance

The MGB token comes from the community and is a flexible community-based project. MGB is a community governance token, and future community governance can only be achieved through an MGB vote

The voting period for each proposal is 3 days. If the quorum reaches 20% and the support level reaches 66% at the end of the vote, the proposal is deemed to have passed

Tokenomics for ETH Chain

Total Supply - 300,000 MGB

Presale - 150.000 MGB

Initial Liquidity - 85,000 MGB

Marketing - 35,000 MGB

Team Token - 30,000 MGB

Presale - 1 ETH = 999 MGB ($ 1.5 *)

Presale Max Buy = 3 ETH ($ 4,500 *)

Initial Listing - 1 ETH = 799 MGB ($ 1.88 *) ~% 25 higher than pre-sale

Presale Hardcap = 30 ETH ($ 45,000 *)

70% ETH (21 ETH - $ 31,500 *) is reserved for liquidity.

20% ETH (6 ETH - $ 9,000 *) provides future development, partnerships, marketing, community building, cex lists and expansion teams.

10% ETH (3 ETH - $ 4,500 *) pre-sale referral reward

Tokenomics for BSC

Total Supply - 300,000 MGB

Presale - 150.000 MGB

Initial Liquidity - 85,000 MGB

Marketing - 35,000 MGB

Team Token - 30,000 MGB

Presale - 1 BNB = 99 MGB ($ 2,5 *)

Presale Max Buy = 30 BNB ($ 7,500 *)

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.

ROADMAP

K1 2021

• Develop tokenomics and features

• Develop contract, front end website and dAPP

• Writing a whitepaper

• Presale

• Launched MGB at Uniswap and Pancakeswap

Start an influencer marketing campaign

• Community growth and bounty for partnership campaigns

K2 2021

• ETH ~ BSC Bridge

• Secure project partnerships

K3 2021

• Launch of MagicSwap

• Create an MGB DAO for the government

• Transferring contractual ownership to a governance contract

K4 2021

• Prepare a road map for the future of 2022

Conclusion:

The only thing you can trust in the crypto space is code, it never lies and once implemented it can never change the way it performs functions. The best projects in crypto are those that provide 100% trustless protocols and prove that fact with complete code transparency. This is what Magic Balancer has to offer, it is our core belief and the only way we will release a protocol.

Read more here:

Website: https://magicbalancer.org

●  Telegram:  https://t.me/magicbalancer

●  Whitepaper:  https://github.com/MagicBalancer/Whitepaper/blob/main/whitepaperv1.pdf

● Twitter:  https://twitter.com/magicbalancer

● Governance: https://vote.magicbalancer.org

Username:TWIXXER

Link: https://bitcointalk.org/index.php?action=profile;u=2579938


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