MAGIC BALANCER: Deflation Governance DEFI Token That Gives Rewards to Active Users Through the Smart Contract Protocol

introduction

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 compromises the entire supply, which means that growing MGB tokens 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. 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 made sure that his refill costs continued to increase. This is done by temporarily removing some of the liquidity from the MGB / ETH pair, buying the MGB market for ETH, and then burning the remaining MGB. Basically, the balance of the Uniswap MGB / ETH pair is rebalancing and the MGB value increases 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.

Fitur Magic Balancer

Rebalancing With
each rebalancing the $ MGB token price can go up to% 2. This can happen hourly up to 24 times a day! In 1 week, the presale of this mechanism for 1 MGB worth of $ 4,000 will be finished.
Exchange
The Exchange is an Automated Market Maker (“AMM”) which 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 losing volatiles.

Token $ MGB

The KEY $ MGB mechanic ensures that uniswap prices continue to increase in value (assuming neutral market pressures). This is done by temporarily removing a portion of the liquidity from the $ MGB / ETH pair, buying the $ MGB market for ETH, and then burning the remaining $ MGB completely. Essentially, the Uniswap $ MGB / ETH pair rebalanced and increased the $ MGB value in relation to ETH.
This token is specially designed for integration into the Necromancer ecosystem.
The $ MGB token is very simple and serves only two purposes.

Function A
1% is added to liquidity on sales, purchases and transactions ~ This allows us to have liquidity at any time to carry out function B.
LP Rewards
~ Every time function 2 is called, all $ MGB from function 1 is allocated to the LP provider.
~ All you have to do to claim this prize is provide liquidity.
After the release of MagicSwap
All taxes go to the address which will later be added to $ MGB / rETH on MagicSwap.
Function B. The
buy and burn liquidity function
becomes available once an hour and can be called by anyone.
Callers of the function will receive 5% of $ MGB as an incentive to use fuel (% 1 for BSC).

When the function is called:

2% of liquidity is removed.
Liquidity is then divided into ETH and the
market buys ETH for MGB for MGB.
95% of the MGB was then burned.
5% MGB sent to function callers (to incentivize users to spend fuel, for BSC% 1)

Magic Balancing Roadmap:

K1 2021Tokomic development and functionsContract development, front site and dAPP.Writing white paperPra-garamLaunch of MGB at Uniswap and Pankeswap.Start an impactful marketing campaignCommunity Development and Partnership Generosity CampaignK2 2021ETH ~ BSC BridgeReliable project partnershipsK3 2021Launch of MagicSwapCreating MGB DAO for ManagementTransfer of ownership based on management agreementK4 2021

Prepare a road map for 2022

When the function is called:2% of liquidity is removedLiquidity is then divided into ETH and $ MGBThe ETH market buys $ MGB95% of the MGB is then burned5% of the MGB is sent to the function caller (to provide an incentive on user expenditure gas, for BSC% 1)

Tokenomics for ETH Chain300,000 MGB – Total Supply  https://etherscan.io/token/0xf4f3d6a60765bf705b27716f50fccba5f0ea0ca1 150,000 MGB – Pre -Sale85,000 MGB – Initial Liquidity35,000 MGB – Marketing, Promotion and Community Engagement.30.000 MGB – Token TimPresale – 1 ETH = 999 $ MGB ($ 1.9)Beli Maks Presale = 3 ETH (5,700)Initial Listing – 1 ETH = 799 $ MGB ($ 2.38) ~ 25% higher than pre-salePresale 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 BSC300,000 MGB – Total Supply  https://bscscan.com/token/0xf78839b9e972cf15014843a7ca5ebf1e321a284c 150,000 MGB – Pre -Sale85,000 MGB – Initial Liquidity35,000 MGB – Marketing, Promotion and Community Engagement.30.000 MGB – Token TimPresale – 1 BNB = 99 $ MGB ($ 2,5)Presale Max Buy = 30 BNB ($ 7,500) ~ No minInitial Listing – 1 BNB = 79 $ MGB ($ 3.16) ~ 25% higher than presalePresale 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 CommunityOfficial Site:   http://magicbalancer.org/Whitepaper:  https://github.com/MagicBalancer/Whitepaper/blob/main/whitepaperv1.pdfTelegram:  https://t.me/magicbalancerGithub:  https://github.com/magicbalancerMedia:  https://wizarddefi.medium.com/Twitter:  https://twitter.com/magicbalancerPhoto:   https://vote.magicbalancer.orgUsername:plerguso Link: https://bitcointalk.org/index.php?action=profile;u=2579950