MAGIC BALANCER

MAGIC BALANCER PROJECT

Blockchain is a hot and very interesting topic for many people today. Blockchain technology is considered capable of solving various problems related to technology, professional and personal. Blockchain is seen as an elegant and secure solution, which can open up a wide range of transaction possibilities. However, although the trend of blockchain adoption is quite aggressive, there has not been much discussion about its potential impact on transaction processes in various industry sectors.

Blockchain is widely mentioned in the context of discussing cryptocurrency, but the real strength of blockchain is in its transactional flexibility, and its usefulness is much broader than just currency exchange.

On this occasion, I would like to get to know a blockchain project called Magic Balancer.

What is a Magic Balancer?

Magic Balancer is a deflation governance DEFI token that provides exceptional rewards to active users through the Smart Contract protocol, while seamlessly combining transactional rewards with liquidity rebalancing features.

MGB tokens are designed to be sustainable and maximize their value by actually experiencing deflation and encouraging users to be active by offering incredible rewards. Any gifts distributed with MGB tokens never harm the supply as a whole, this means that the growth of MGB tokens will never be hindered in any way.

The unique feature of the MGB smart contract allows certain addresses such as Uniswap collections or exchange wallets to be blocked from receiving charges.

Therefore, 100% of the cost generated goes to the token holder. The percentage of the cost you earn is calculated by the percentage of MGB you have among the holders. This produces much higher results than might be possible.

No team or central party has to pay. There is no interface for claiming costs. You don't need to do anything other than keep the MGB in a wallet that you control.

The Platform Used To Build The Magic Balancer

The Binance smart chain is the platform of choice used by Magic Balancer. Because, the transaction cost is very low when compared to the same transaction cost in ethereum, BSC transactions can be as low as 5 cents.

Magic Balancer wants to give all MGB holders the opportunity to build a usable 2nd ecosystem regardless of the congestion and costs that are sometimes incurred when using the Ethereum blockchain.

Binance Smart Chain (BSC) Bridge to ETH

Magic Balancer plans to launch an MGB token bridge that lets you exchange your BEP20 MGB for an ERC20 MGB and vice versa. But until this is done, you will not be able to trade across the chain.

Interact with BSC Contracts On Magic Balancer

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

The Magic Balancer Team developed its own BSC swap

The BSC swaps we use are custom made by the development team. Best placed to handle our custom token metrics and provide the best security. There is a built -in LP locking in the swap as well so you can be sure that all LPs are locked for 90 days at a time. Swaps are currently so limited in their ability to handle trades with tokens that have special metrics that we need to develop our own swaps to fit our mechanism. We also improved the repurchase structure with our own swaps because we encoded the repurchase capability to be able to remove only the MGB amount from the LP, saving many steps in the repurchase process.

Once we can add our swap price to a site like Coingecko, we can then use ABI to apply the chart on the swap page. This will also allow the MGB BEP20 version to have price tracking capabilities as well. For now all BSC exchange functions are performed directly in our APP, this allows users to have the simplest time to interact with our BSC ecosystem.

Launch

Starting in March. 2rd at 19:00 UTC. No need to whitelist.

Held directly at magicbalancer.org, to participate simply connect your Metamask, enter the amount of ETH you want to send and click buy. MGB tokens will be immediately refunded through our pre-sale contract. Metamask is preferred, do not use an exchange account.

No min, 3 ETH - 30 BNB Max buy.

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

Magic Balancing FeatureRebalance
Each $ MGB token price rebalance can go up to 2%. This can happen every hour up to 24 times a day! After 1 week of Presale ends 1 $ MGB worth $ 4000 for this mechanism.Exchange
Exchange is an automated market maker (“AMM”) that allows two tokens to be exchanged on Binance Smart Chain and Ethereum Mainnet.
The ETH ~ BSC Bridge mechanism that enables token exchange between cross -chains without non -permanent loss. Magic Balancer Roadmap:K1 2021Tokenomic and functional developmentContract development, front site and dAPP.Writing a white paperPre-saltLaunch of MGB in Uniswap and Pankeswap.Start an influential marketing campaignCommunity Development and Charity Partnership CampaignK2 2021ETH Bridge ~ BSCProject partnership managementK4 2021Prepare a road map for 2022 $ MGB TokenThe $ MGB KEY mechanic ensures that the uniswap price continues to increase in value (Assuming neutral Market pressures). This is done by temporarily removing some liquidity from the $ MGB / ETH pair, buying the $ MGB market with ETH, then burning the entire remaining $ MGB. Basically rebalancing the $ MGB / ETH Uniswap pair and increasing the value of $ MGB in relation to ETH.
These tokens are specifically designed to be integrated into the Necromancer ecosystem.
The $ MGB token is very simple and has only two functions. Function A
1% is added to liquidity when selling, buying, and txn ~ This allows us to continue to have liquidity to run Function B.
Reward LP
~ Whenever 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 provide liquidity.
Once MagicSwap is released
All taxes go into the address to then be added to $ MGB / rETH in MagicSwapFunction B The
Buy and Burn Liquidity 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 on Gas. (% 1 for BSC) When a function is called: 2% of liquidity is removedLiquidity is then divided into ETH and $ MGBETH market buys $ MGB95% of MGB then burns5% of MGB is sent to function caller (to provide incentives on user expenditure gas, for BSC% 1)Tokenomics Tokenomics for ETH Chain300,000 MGB - Total Supply  https://etherscan.io/token/0xf4f3d6a60765bf705b27716f50fccba5f0ea0ca1 150,000 MGB - Pre -Sales85.000 MGB - Initial Liquidity35,000 MGB - Marketing, Promotional Sales and Team Engagement ETH = 999 $ MGB ($ 1.9  ) Buy Max Presale = 3 ETH ($ 5,700  ) Initial Sign Up - 1 ETH = 799 $ MGB ($ 2.38  ) ~ 25% higher than Pre -sale Hardcap Presale = 30 ETH ($ 57,000 ) 70% ETH (21 ETH - $ 39,900  ) is provided 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-sales reference gift.Tokenomics for BSC300,000 MGB-Total Supply  https: // bscscan .com / token / 0xf78839b9e972cf15014843a7ca5ebf1e321a284c 150,000 MGB - MGB Prapenjualan85.000 - Liquidity Awal35.000 MGB - Marketing, Promotion and Engagement Komunitas.30.000 MGB - Token TimPresale - 1 BNB = 99 $ MGB ($ 2.5  ) Presale Max Buy = 30 BNB ($ 7,500  ) ~ No minimum Initial Register - 1 BNB = 79 $ MGB ($ 3.16  ) ~ 25% higher than presale Presale Hardcap = 300 BNB ($ 75,000  )
70% BNB (210BNB - $ 52,500  ) is provided for liquidity.20% BNB (60 BNB-$ 15,000  ) provides future development, partnerships, marketing, community development, checklists and expansion teams.10% BNB (30 BNB-$ 7,500 *) pre-sale reference gifts.  Magic Balancer Community
Official Site  :  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
by yufiezz

link https://bitcointalk.org/index.php?action=profile;u=2979093