Magic Balancer

 Magic Balancer is a deflationary governance DEFI token .

What is Deflation?

Cryptocurrencies like Bitcoin which are known to have a fixed supply by default experience deflation. This provides some unique insights into the dynamics of inflation versus deflation.

Cryptocurrencies with a steadily decreasing supply on its blockchain are called deflationary cryptocurrencies. Deflation can be achieved by burning a certain percentage of minted coins, buying back and burning, buying back and holding, and much more.

With   Bitcoin  , for example, flexible mining difficulties and partial events warrant a deflationary characteristic to its network. For example, if you buy an item today with an amount of BTC “X”, in the future, you will buy the same item at a lower price because of the way the deflationary model works.

Advantages of Deflation Cryptocurrency

1. This allows the company to avoid the circulation of unsold coins to the market

2. Maximizing profits

3. To improve the coin rating

4. To avoid circulation of coins created through errors made in their issuance at the address of the smart contract

What is the Magic Balancer Protocol?

Magic Balancer is a deflationary governance DEFI token that rewards active users via the Smart Contract protocol, while seamlessly combining transactional rewards with liquidity rebalancing features.

Every Magic Balancer protocol is built to be 100% untrustworthy and requires no human interaction to keep it running. This ensures that all Magic Balancer protocols can run forever and are never shut down by the results of human intervention. It also means that as a token holder you don't have to put your trust in any human for any reason.

What is an MGB Token?

MGB tokens are designed to be sustainable and maximize their value by actually deflating and encouraging users to be active by offering amazing rewards. Each reward distributed by MGB tokens never hurts the overall supply, this means that the growth of MGB tokens will never be hindered in any way.

$ MGB Token The KEY $ MGB mechanism ensures that the uniswap price continues 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 carry out 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
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 function is called: 2% of liquidity is removed
Liquidity is then divided into ETH and $ MGB
ETH market buys $ MGB
95% of MGB then burns
5% of MGB 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 -
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 BSC300,000 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) 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 Tokenomics
development and Contract development functions , front site and dAPP.
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 partnerships
Q3 2021 Launch of MagicSwap
Creating MGB DAO for
Transfer of Management Ownership under management agreement
Q4 2021 Prepare roadmap for 2022 Profit Mechanism
Example REBALANCE (if 300 BNB @ $ 250.00 are raised at presale) $ 52,500 ~ 70% Liquidity On Record 2% LP Removed ~ $ 1,050 Divided Into ~ $ 525 BNB & $ 525 MGB 1% Of MGB Sent To Caller ~ $ 10.5BNB Swaps For MGB ~ $ 52590% Of MGB Burnt ~ $ 945 Value Added (from example above) $ 525 Buy BNB Market $ 945 MGB Burn $ 1.575 Total Rebalanced Capital This is The statistics from only one rebalance, rebalance can occur up to 24 times per day. (With a minimum of 200 MGB tokens). 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 Photo
:   https://vote.magicbalancer.org

by; Tasiqmalaya

link: https: //bitcointalk.org/index.php? action = profile; u = 3198759