Magic Balancer

Hello my friends! on this occasion I will provide interesting information about the interesting. MAGIC BALANCER project. Let's look at the reviews below:

#MGB #MagicBalancer #crypto #blockchain

Decentralized finance is a topic of discussion due to the innovative nature of their services, which include (everyone can get the same service without a minimum number of transactions), open source (transparent, everyone can contribute), not storage related (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 it saves a lot of costs and has a very flexible space for setting interest rates for both lenders and sponsors ...

Introduction
Magic Balancer is a deflationary governance DEFI token that provides exceptional rewards to active users through smart contract protocols, while seamlessly integrating transaction rewards with liquidity rebalancing features.

The MGB token is designed to be sustainable and maximize its value by being truly deflationary and encouraging users to be active while offering exceptional rewards. Every reward token that MGB allocates never compromises the overall supply, which means that growing the MGB token will never be difficult. Every Magic Balancer protocol is 100% untrustworthy and requires no human intervention to work. This ensures that all Magic Balancer protocols can run forever and will never be disabled by human intervention. This also means that you, as a token holder, will never 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 prove this fact with complete code transparency. This is exactly what Magic Balancer offers, it is our core belief and the only way to ever release protocols.

Magic Balancer ensures that its recharge cost is constantly increasing. This is done by temporarily removing some of the liquidity from the MGB / ETH pair, market buying MGB for ETH, and then burning any remaining MGB. Essentially, the balance of the Uniswap MGB / ETH pair is rebalancing and the value of the MGB increases relative to ETH.

The MGB token comes from the community and is a flexible community driven project and the future governance of the community can only be achieved through voting.

Features of Magic Balancer

Rebalancing With
each rebalancing, the price of the $ MGB token can rise to% 2. This can happen every hour up to 24 times a day! In 1 week, the presale of this mechanism for 1 MGB worth $ 4,000 will be completed.
Exchange
The Exchange is an Automated Market Maker (“AMM”) that allows you to exchange two tokens on the Binance Smart Chain and Ethereum Mainnet.
ETH ~ BSC Bridge
A mechanism that allows the exchange of tokens between cross-chains without any volatile losses.

$ MGB token

The KEY $ MGB mechanic ensures that its uniswap price is constantly increasing in value (assuming market pressure is neutral). This is done by temporarily removing some of the liquidity from the $ MGB / ETH pair, market buying $ MGB for ETH, and then completely burning the remaining $ MGB. Basically, a rebalancing of the Uniswap $ MGB / ETH pair and an increase in the value of $ MGB in relation to ETH.
This token is designed specifically for integration into the Necromancer ecosystem.
The $ MGB token is extremely simple and only serves two purposes.

Function A
1% is added to liquidity on sales, purchases and transactions ~ This allows us to have liquidity at all times to perform function B.
LP Rewards
~ Every time function 2 is called, all $ MGB from function 1 is allocated to LP providers.
~ All you have to do to claim these rewards is to provide liquidity.
After the release of MagicSwap
All taxes go to an address that will later be added to $ MGB / rETH in MagicSwap.
Function B. The function of
buying and burning liquidity
becomes available once an hour and can be called by anyone.
The caller of the function will receive 5% of $ MGB as an incentive to spend gas (% 1 for BSC).



When the function is called:

2% of liquidity is removed.
The liquidity is then split into ETH and the
market buys ETH for MGB for MGB.
95% of the MGB is then burned.
5% MGB is sent to the caller of the function (to incentivize the user to spend gas, for BSC% 1)

Tokenomics for the ETH network

300,000 MGB - total volume https://etherscan.io/token/0xf4f3d6a60765bf705b27716f50fccba5f0ea0ca1
150,000 MGB - pre-sale
85,000 MGB - initial liquidity
35,000 MGB - marketing, promotions and community engagement.
30,000 MGB - Team Token
Pre-Sale - 1 ETH = 999 $ MGB (1.9 $)
Max. Presale Buy = 3 ETH ($ 5700)
Initial Listing - 1 ETH = $ 799 MGB ($ 2.38) ~ 25% higher than
Hardcap Presale = 30 ETH ($ 57,000)
70% ETH (21 ETH - 39,900 USD) is provided against liquidity.
20% ETH (6 ETH - $ 11,400) provides future development, partnerships, marketing, community building, cex listing and team expansion.
10% ETH (3 ETH - $ 5,700 *) for a presale referral fee.

Tokenomics for BSC

300,000 MGB - Total Volume https://bscscan.com/token/0xf78839b9e972cf15014843a7ca5ebf1e321a284c
150,000 MGB - Pre-Sale
85,000 MGB - Initial Liquidity
35,000 MGB - Marketing, Promotions and Community Engagement.
30,000 MGB -
Presale tokens command - BNB = 1 99 $ MGB ($ 2,5)
Max. Buy on Presale = 30 BNB ($ 7,500) ~ No minimum amount
Initial Listing - 1 BNB = $ 79 MGB ($ 3.16) ~ 25% more than
Hardcap Presale Pre -Sale = 300 BNB ($ 75,000)
70 % BNB (210 BNB - $ 52,500) is provided against liquidity.
20% BNB (60 BNB - $ 15,000) provides future development, partnerships, marketing, community building, Cex listing and team expansion.
10% BNB (30 BNB - $ 7,500 *) for the presale referral fee.

Road map:

Q1 2021

Development of tokenomics and functions
Development of contract, front-site and dAPP.
White paper writing MGB
pre-
launch at Uniswap and Pankeswap.
Launch an Influential Marketing Campaign
Community Development & Partnership Campaign
Q2 2021

ETH ~ BSC bridge
Reliable project partnership
Q3 2021

MagicSwap Launch
Creation of MGB DAO for management
Transfer of ownership under management agreement
Q4 2021

Preparing a roadmap for 2022

Magic Balancer Community
Official Website : 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 : kemi123

Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2692033

(ERC-20, BEP-20) Address : 0x0888a14A2A06207E6A4d3e78861D2856B01FCda5