Magic Balancer 

Rebalance Protocol on ETH and BSC Chain and Governance Token

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.

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)

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-sale
85,000 MGB – Initial Liquidity
35,000 MGB – Marketing, Promotion and Community Engagement.
30,000 MGB –
Presale Team Tokens – 1 ETH = 999 MGB ($ 1.5  )
Presale Max Buy = 3 ETH ($ 4,500  ) 
Early Enrollment – 1 ETH = 799 MGB ($ 1.88  ) ~ 25% higher than presale
Hardcap = 30 ETH ($ 45,000  )
70% ETH (21 ETH – $ 31,500  ) is reserved for liquidity.
20% ETH (6 ETH – $ 9,000) provides future development, partnership, marketing, community building, cex list and expansion team.
10% ETH (3 ETH – $ 4,500  ) pre-sale referral reward.
based on
Tokenomics’ ETH $ 1500.00 price 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 –
Presale Team Tokens – 1 BNB = 99 MGB ($ 2.5  )
Presale Max Buy = 30 BNB ($ 7,500  ) ~ No Minimum
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.
based on BNB price $ 250.00
Magic Balancer Community
Official Website:  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
Tata Kelola: https://vote.magicbalancer.org

by AlphonsoDavies

link url   ;https://bitcointalk.org/index.php?action=profile;u=3122525