Abstract
In recent times, many people have used decentralized finance platforms to maximize their profits on the crypto market. The features provided by the DeFi platform have been proven to provide benefits to users, for example, the staking feature, allows users to stake their tokens and get returns according to their participation. Yield farming is a DeFi platform feature that allows users to become liquidity providers and get a share for any transaction fees. And several other DeFi features that benefit crypto users and investors.
Magic Balancer is a DeFi platform to be more precise deflationary governance DEFI token which provides exceptional rewards via a smart contract. On the Magic Balancer platform, users can maximize their profit through various existing DeFi features. Magic Balancer will encourage users to be active by offering exceptional rewards. In this way, all participants will benefit from using the DeFi protocol.
Options for Decentralized Finance
Magic Balancer is one of the many platforms that implement the decentralized finance protocol. Magic Balancer will provide exceptional rewards to active users via Smart Contract protocols. A transactional rewards mechanism with liquidity rebalancing features designed to keep the ecosystem intact and at the same time reward users according to their contribution.
Magic Balancer is built based on the Binance Smart Chain. For those of you who don't know, this is blockchain technology that is claimed to be better than Ethereum blockchain technology in general. Binance smart chain or commonly referred to as BSC is a blockchain technology that can handle transactions faster, more efficiently, and with low fees. The safety of the BSC is better than the previous technology. And BSC is supported by a developed and advanced ecosystem. Because as you know, the Binance Smart Chain was developed by Binance, the most popular and big exchange in the cryptocurrency market today. So we don't need to doubt the reliability of the Binance Smart Chain.
Magic Balancer was designed according to the vision of cryptocurrency in the first place, namely an ecosystem without interference and manipulation. So that the team builds the Magic Balancer with 100% trustless and requires no human interaction to keep them running. This allows the Magic Balancer protocol to run independently, without requiring team intervention, because all mechanisms will run according to the specified parameters. And you don't need to worry about the tokens you hold, because this is a system that is free of human interference, meaning that your tokens will be safe and secure.
Magic Balancer Features
Magic Balancer is a deflationary governance DEFI token built on the base of the Binance Smart Chain. Magic Balancer will provide exceptional rewards to active users via Smart Contract protocols and at the same time incorporating transactional rewards with liquidity rebalancing features. This is a platform that is free of human interference, meaning that the Magic Balancer will continue to run with or without humans. These are all aimed at giving users a sense of security when using the platform, as transparency and trust are very much needed on the DeFi platform.
The following are the features provided by Magic Balancer:
Rewards: As explained earlier, Magic Balancer is a platform that encourages users to be active, so that they get rewards according to their participation.
Built on BSC: Magic Balancer is built on the base of the Binance Smart Chain which enables it to be a safe and reliable DeFi platform for users.
Liquidity Treasury: 70% of every amount collected in pre-sale is automatically sent to the contract address and the developer will list MGB token on uniswap with collected liquidity. Later, this liquidity is to maintain the rebalance function will continue to work for a long period.
Governance: Allows users to participate in the process of developing the Magic Balancer platform using voting.
MGB Token
MGB is a token launched by the Magic Balancer platform which will play an important role in the operation of Magic Balancer. MGB is a utility and governance token that users can get through available token sale or exchange programs.
To conclude
The decentralized finance protocol has been implemented on many platforms globally and allows crypto users to maximize brand profits in the crypto market through the various DeFi features provided. And Magic Balancer is a DeFi platform built based on Ethereum and BSC, providing exceptional rewards to active users via Smart Contract protocols and at the same time incorporating transactional rewards with liquidity rebalancing features. Magic Balancer operates without human intervention so that with or without humans, the Magic Balancer protocol will run forever and will not die. This makes Magic Balancer a profitable and safe platform for all participants.
Connect with Magic Balancer
WEB: https://magicbalancer.org/
TWITTER: https://twitter.com/magicbalancer
