Magic Balancer

Magic Balancer 

 deflationary governance DEFI tokens

Magic Balancing

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.

Will there be a BSC to ETH bridge?

Yes, we are planning to launch our own MGB token bridge which will allow you to swap your BEP20 MGB for ERC20 MGB and vice versa. But until this is done, you won't be able to trade the entire chain.

How do I interact with the BSC contract at Magic Balancer?

Just change the network on your Metamask or use a BSC wallet to connect our site. For the BSC we are currently developing a magic balancer for the ethereum network.

Did the Magic Balancer Team develop its own BSC swap?

Yes, the BSC exchanges we use are tailor-made by the development team, who are best placed to handle our custom token metrics and provide the best possible security. There's a built-in LP lock inside the swap too so you can be sure that all LPs are locked for 90 days at a time. Swap is currently very limited in its ability to handle trades with tokens which have special metrics so we need to develop our own swaps to suit our mechanism. We also improved our repurchase structure with our own swaps as we coded the repurchase capability to be able to remove only the MGB amount from LP, saving a lot of steps in the repurchase process.

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

Starting in March. 17 at 19:00 UTC. No need for a whitelist. Two weeks max.

Held live on magicbalancer.org, to participate simply select which chain you want to buy, connect your Metamask, enter the amount of ETH-BNB you want to send and click buy. MGB tokens will be returned immediately via our pre-sale contract. Metamask is preferred, don't use an exchange account.

No min, purchase 3 ETH-30 BNB Max.

10% referral prize is distributed instantly via a pre-sale contract. Click the REFERAL button in the Presale section and copy your referral link (required to connect to the wallet)

Each $ MGB rebalance token price can go up to% 2. This can happen hourly up to 24 times a day!

After 1 week Presale expires $ 1 MGB worth of $ 4000 for this mechanism.

Example of one REBALANCE (if 300 BNB @ $ 250.00 are pooled in the presale)

$ 52,500 ~ 70% Liquidity On Listing

2% LP Removed ~ $ 1,050

Split Into ~ $ 525 BNB & $ 525 MGB

1% Of MGB Sent To Callers ~ $ 10.5

BNB Swaps For MGB ~ $ 525

90% Of MGB Burnt ~ $ 945

  • Value Added (from the example above)

 $ 525 Buy BNB Market

$ 945 MGB Burned

$ 1,575 Total Rebalanced Capital

Token MGB

KUNCI MGB experts ensure that uniswap fees continue to grow (Assuming market pressure is fair). This is done by briefly taking the liquidity of the MGB / ETH pair, buying the market MGB with ETH, then gobbling up all the extra MGB. Fundamentally rebalanced the Uniswap MGB / ETH pair and improved MGB ratings as demonstrated by ETH. This token is expressly regulated to be incorporated into Necromancer's natural framework. MGB tokens are very self-explanatory and have only two limitations.

Function A

1% added to liquidity on sales, purchases and txn

  • This gives us a license to have non-stop liquidity to carry out the B Function.
    LP Rewards
  • Whenever a second job is called, all MGB from job one is streamed to the LP provider.
  • All you need to do to get the prize is to provide liquidity.
    After MagicSwap shipped
  • All obligations go into an area to be later added to MGB / rETH on MagicSwap

Function B

Liquidity Buy and Burn
Limit is opened once an hour and can be summoned by anyone. Visitors to this limit will get 5% of the MGB for inspiration to consume Gas. (% 1 for BSC). Right when the limit is called:

  • 2% of the liquidity is taken
  • liquidity is then divided into ETH and MGB
  • ETH market buys MGB
  • 95% of the MGB is then burned
  • 5% of the MGB given by the visitor of the ability (to support the customer's gas discharge, for BSC% 1) To consider the important functions that visitors have in any event 200 MGB

Why choose Binance Smart Chain?

With the cost of galactic Ethereum gas sometimes we hope to provide a way to deal with assistance against them with the ability to trade on the BSC blockchain. Low trading fees when standing out from comparative trading fees on ethereum, the BSC trade may be as low as 5 cents. We hope to allow all MGB holders to create a usable second organic framework for a small fee for the barrier and fees sometimes incurred when using blockchian Ethereum. We arrange the delivery of our own MGB token framework which allows you to exchange your BEP20 MGB for ERC20 MGB and vice versa. However until this is done you will not be trading the entire chain.

The BSC exchanges we use only work with headway meetings. The best way is set up to manage our custom representative estimates and provide the best security. There is a hidden LP lock in the exchange too so you can make sure that all LPs are hunted for 90 days at the same time. The exchange is currently very limited in its capabilities when it comes to trading with predictive tokens, so we hope to develop our own exchange to attractively help our mechanics. We also overhauled the repurchase structure with our own exchange as we coded within limits in regards to repurchases to have the option to kill only the entire MGB of LP, saving various methods during the time spent making repurchases.

When we can add our exchange rating to a site like Coingecko we really need to use ABI to outline our exchange page. It will also allow the transformation of the BEP20 from MGB to a price-following threshold as well. For the time being all the boundaries of the BSC exchange are carried out clearly on our APP, these license customers have the most fundamental time to associate with our natural BSC framework.

Launch
Starting in March. 2rd at 19:00 UTC. No need for a whitelist.
Held prominently on magicbalancer.org, to be basically interested in your Metamask partners, enter the proportion of ETH you wish to send and click buy. MGB tokens will be returned immediately via our pre-sale contract. Metamask is preferred, don't use an exchange account.

  • No purchases min, 3 ETH-30BNB Max.
  • The 10% referral reward spreads quickly via the pre-sale contract method. Snap the REFERRAL button on the Presale fragment and copy your reference link (required to connect with the wallet)

Token $ MGB

The KEY $ MGB mechanic ensures that uniswap prices continue to increase in value (Assuming neutral Market pressure). This is done by temporarily removing a portion of the liquidity from the $ MGB / ETH pair, buying the $ MGB market with ETH, then burning the entire remaining $ MGB. Essentially rebalancing Uniswap's $ MGB / ETH pair and increasing the $ MGB value in relation to ETH.

This token is specifically designed to be integrated into the Necromancer ecosystem.

The $ MGB token is very simple and has only two functions.

Function A

1% added to liquidity when selling, buying and txn ~ This allows us to continue to have liquidity to carry out Function B.

LP Prize

~ Every time function two is called, all $ MGB from function one is distributed to the LP provider.

~ All you need to do to get this reward is to provide liquidity.

After MagicSwap was released

All taxes go to the address to then be added to $ MGB / rETH on MagicSwap

Function B

Buy and Burn Liquidity

The function is available once an hour and can be called by anyone.

Callers of the function will receive 5% of $ MGB in incentives to spend Gas. (% 1 for BSC)

Magic Balancing Roadmap:

K1 2021

Tokomic development and functions

Contract development, front site and dAPP.

Writing white paper

Pre-salt

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

When the function is called:

2% of liquidity is removed

Liquidity is then divided into ETH and $ MGB

ETH market buys $ MGB

95% of the MGB was then burned

5% of MGB is sent to function callers (to incentivize user exhaust gas, for BSC% 1)

Tokenomics for ETH Chain

300,000 MGB - Total Supply  https://etherscan.io/token/0xf4f3d6a60765bf705b27716f50fccba5f0ea0ca1

150,000 MGB - Pre -Sale

85,000 MGB - Initial Liquidity

35,000 MGB - Marketing, Promotion and Community Engagement.

30,000 MGB - Team Tokens

Pre-sale - 1 ETH = 999 $ MGB ($ 1.9)

Presale Max Buy = 3 ETH ($ 5,700)

Initial Listing - 1 ETH = 799 $ MGB ($ 2.38) ~ 25% higher than pre-sale

Presale 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 BSC

300,000 MGB - Total Supply  https://bscscan.com/token/0xf78839b9e972cf15014843a7ca5ebf1e321a284c

150,000 MGB - Pre -Sale

85,000 MGB - Initial Liquidity

35,000 MGB - Marketing, Promotion and Community Engagement.

30,000 MGB - Team Tokens

Presale – 1 BNB = 99 $ MGB ($ 2,5)

Presale Max Buy = 30 BNB ($ 7,500) ~ No min

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

Tokomic development and functions

Contract development, front site and dAPP.

Writing white paper

Pre-salt

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

Magic Balancing Community

 Magic Balancer Community  :  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

Username:jasonyn

Link: https://bitcointalk.org/index.php?action=profile;u=2579432

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