MAGIC BALANCE

About the Magic Balancing Project?

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.

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.

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.

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.

Features
1. Balance back

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.

2. Exchange

The exchange is an automated market maker (“AMM”) which allows two tokens to be exchanged on the Binance Smart Chain and Ethereum Mainnet.

3. ETH ~ BSC Bridge

A mechanism that allows the exchange of tokens between cross-chains without permanent loss.

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% 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)

Recommended process for initiating a proposal:

Send the draft proposal to our telegram group chat.
Conduct an off-chain survey after careful discussion.
Post proposals for governance forums and improve their content.
Create management contracts and run voting campaigns in the MGB community.
Magic Balancing Tokenomics:

Tokenomik Rantai Cerdas Binance:

Total Supply: 300,000 MGB
Presale: 150,000 MGB
Initial Liquidity: 85,000 MGB
Marketing: 35,000 MGB
Team Coins: 30,000 MGB
Awarded for Liquidity: 70% BNB
Provides Future Development, Partnerships, Marketing, Community Building, Securities Listing and Expansion Teams: 20% BNB Referral
prize: 10% BNB

Recommended process for initiating a proposal:

• Send the draft proposal to our telegram group chat.
• Conduct an off-chain survey after careful discussion.
• Post proposals for governance forums and improve their content.
• Create management contracts and run voting campaigns in the MGB community.

Magic Balancing Tokenomics:

Tokenomik Rantai Cerdas Binance:

• Total supply: 300,000 MGB
• Presale: 150.000 MGB
• Initial liquidity: 85,000 MGB
• Marketing: 35,000 MGB
• Koin Tim: 30.000 MGB
• Awarded for liquidity: 70% BNB
• Provides future development, partnerships, marketing, community building, shareholding and team expansion: 20% BNB
• Reference Prize: 10% BNB

** Tokenomik ETH **

• Presale: 150.000 MGB
• Initial liquidity: 85,000 MGB
• Marketing, Promotion & Community Engagement: 35,000 MGB
• Koin Tim: 30.000 MGB
• Provided for liquidity: 70% ETH
• Provides future development, partnerships, marketing, community building, sex work listings and team expansion: 20% ETH
• Referral prize: 10% ETH

Magic Balancing Roadmap:
K1 2021

• Tokomic development and functions
• Contract development, front site and dAPP.
• Writing white paper
• Pre-sale
• 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

More information about this project:
Website:  https://magicbalancer.org
Whitepaper:  https://github.com/MagicBalancer/Whitepaper/blob/main/whitepaperv1.pdf
Twitter:  https://twitter.com/magicbalancer
Telegram :  https: //t.me/magicbalancer
Github:  https://github.com/MagicBalancer
Snapshot:  https://vote.magicbalancer.org

Username plusultras Link: https://bitcointalk.org/index.php?action=profile;u=2633307