Magic Balancer

 

Magic Balancer 

 ETH-BSC chain rebalancing protocol

DeFi takes inspiration from blockchain, the development behind high-end cash bitcoin, which allows several components to keep a copy of the past loaded with trades, implying that it is not being forced by a single central source. That's important because concentrated systems and human monitors can limit the speed and complexity of trading while offering customers less rapid control over their money. DeFi is undeniable given the way it has evolved blockchain use from value trading to the more shocking money-related use cases.

Magic Balancer is a deflationary organization DEFI token that rewards dynamic customers with extraordinary methods for Smart Contract performances, while perfectly amplifying contingent rewards with its liquidity rebalancing feature. MGB tokens are expected to survive and grow in value by completely deflating and asking customers to be dynamic by offering amazing prizes. Any stream of grant MGB tokens has never been poorly designed for the entire stock, this concludes that the advancement of MGB tokens will not be crushed in any way.

Every Magic Balancer show  is strived to be 100% untrustworthy and requires no human collaboration to keep it going. This ensures that all Magic Balancer shows can go on forever and never close somewhere near the end result of human mediation. This further shows that as a symbol holder you do not need to place your trust in any human being for any reason. The only thing you can trust in the crypto space is the code, it never lies and once sent, it will never change the way it enforces restrictions. The best efforts in crypto are those that give 100% trustless gigs and show that reality with live full code. This is the entirety of what Magic Balancer has to offer,

In the midst of it, MGB charges a 1% trading fee and revises that fee to existing MGB holders immediately and thus on the hour of each trade. Unusual features of certain MGB smart agreement licenses would generally like Uniswap bundles or exchange wallets be blocked from being charged. So, 100% of fees charged to token holders. The level of fees you earn is determined by the MGB rate you have between holders.

This makes better returns in some way or another possible. No meeting or central meeting needed to admit charges. There is no interface for confirming the bill. You don't need to do anything other than store MGB in the wallet you control.

MGB token

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.

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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)

$ MGB token

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% is added to liquidity when selling, buying, and txn ~ This allows us to continue to have liquidity to run Function B.
LP Rewards
~ 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 is released
All taxes go to the address to be added to $ MGB / rETH in the
MagicSwap B Function
Buy and Burn Liquidity B 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)

When the function is called:

2% of liquidity removed
Liquidity is then divided into ETH and $ MGB
ETH market buys $ MGB
95% of MGB then burnt
5% of MGB sent to function callers (to incentivize user expenditure gas, for 1% BSC)

Tokenomics for ETH Chain

300,000 MGB - Total Supply   https://etherscan.io/token/0xf4f3d6a60765bf705b27716f50fccba5f0ea0ca1
150,000 MGB - Pre-Sales
85,000 MGB - Initial Liquidity
35,000 MGB - Marketing, Promotion and Community Engagement.
30,000 MGB -
Presale Team Tokens - 1 ETH = 999 $ MGB ($ 1.9)
Presale Max Buy = 3 ETH ($ 5,700)
Initial Listing - 1 ETH = 799 $ MGB ($ 2.38) ~ 25% higher than 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-sales
85,000 MGB - Initial Liquidity
35,000 MGB - Marketing, Promotion and Community Engagement.
30,000 MGB -
Presale Token Team - 1 BNB = 99 $ MGB ($ 2.5)
Maximum Pre-sale Purchase = 30 BNB ($ 7,500) ~ No
Initial Listing minimum amount - 1 BNB = 79 $ MGB ($ 3.16 ) ~ 25% higher than presale
Hardcap Presale = 300 BNB ($ 75,000)
70% BNB (210BNB - $ 52,500) 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

Tokomics development and
Contract development, front site and dAPP functions.
Writes the white paper
of the
MGB Pre-sale Launch at Uniswap and Pankeswap.
Starting an influential marketing campaign,
Community Development and Partnership Generosity Campaign
Q2 2021

ETH ~ BSC Bridge
Reliable project partnership
Q3 2021

Launch of MagicSwap
Creating MGB DAO for
Transfer of Management Ownership under management agreement
Q4 2021

Prepare a road map for 2022

Profit Mechanism
Example REBALANCE (if 300 BNB @ $ 250.00 collected in 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 Burnt

$ 1,575 Total Rebalanced Capital

This is the statistic of only one Rebalance, Rebalance can occur up to 24 times per day. (With a minimum of 200 MGB tokens).

Magic Balancing 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 Photo
:   https://vote.magicbalancer.org

by; Denpazar link: https://bitcointalk.org/index.php?action=profile;u=3198664


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