The Launch

Wizard of DeFi
3 min readMar 18, 2021

Starts on March. 17rd at 19:00 UTC. No whitelist needed. Max two weeks.

Held directly on magicbalancer.org, to participate simply Choose which chain you want to buy ,connect your Metamask, enter the amount of ETH-BNB you wish to send and click buy. MGB tokens will be instantly returned via our presale contract. Metamask is preferred, do not use exchange accounts.

No min, 3 ETH-30 BNB Max buy.

10% referral reward distributed instantly via presale contract. Click REFERRAL button on Presale section and copy your referral link(required to connect with wallet)

Every rebalance $MGB token price can raise up to %2. This can be happens every hour up to 24 times a day!

Example of one REBALANCE (if 300 BNB @ $250.00 raised in presale)

~ $52,500 ~ 70% Liquidity On Listing

~ 2% LP Removed ~ $1,050

~ Split Into ~ $525 BNB & $525 MGB

~ 1% Of MGB Sent To Caller ~ $10,5

~ BNB Swaps For MGB~ $525

~ 90% Of MGB Burned ~ $945

Value Added (from example above)

~ $525 BNB Market Buy

~ $945 MGB Burned

~ $1,575Total Capital Rebalanced

Tokenomics for BSC

300,000 MGB — Total Supply https://bscscan.com/token/0xf78839b9e972cf15014843a7ca5ebf1e321a284c

150,000 MGB — Presale

85,000 MGB — Initial Liquidity

35,000 MGB — Marketing, Promotions and Community Engagement.

30,000 MGB — Team Tokens

Presale — 1 BNB = 99 MGB ($2,5 *)

Presale Max Buy = 30 BNB ($7,500*) ~ No min amount

Initial Listing — 1 BNB = 79 MGB ($3,16*) ~ %25 higher than presale

Presale Hardcap = 300 BNB ($75,000*)

70% BNB ( 210BNB — $52,500*) provided towards liquidity.

20% BNB (60 BNB — $15,000*) provides future development, partnerships, marketing, community building, cex listing and expanding team.

10% BNB (30 BNB — $7,500*) presale referral rewards.

based on BNB price of $250.00

Tokenomics for ETH Chain

300,000 MGB — Total Supply https://etherscan.io/token/0xf4f3d6a60765bf705b27716f50fccba5f0ea0ca1

150,000 MGB — Presale

85,000 MGB — Initial Liquidity

35,000 MGB — Marketing, Promotions and Community Engagement.

30,000 MGB — Team Tokens

Presale — 1 ETH = 999 MGB ($1,5 *)

Presale Max Buy = 3 ETH ($4,500*)

Initial Listing — 1 ETH = 799 MGB ($1.88*) ~ %25 higher than presale

Presale Hardcap = 30 ETH ($45,000*)

70% ETH (21 ETH — $31,500*) provided towards liquidity.

20% ETH (6 ETH — $9,000*) provides future development, partnerships, marketing, community building, cex listing and expanding team.

10% ETH (3 ETH — $4,500*) presale referral rewards.

*based on ETH price of $1500.00

UNSOLD TOKENS ARE BURNED AFTER PRESALE

The trading on Uniswap-Pancakeswap will progress instantly at the end of our presale.

All ETH-BNB allocated for initial liquidity is instantly deposited into the MGB token contract. The MGB token contract has a “createUniswapPair” function which can be seen on contract write function #6 at https://etherscan.io/address/0xf4f3d6a60765bf705b27716f50fccba5f0ea0ca1#writeContract

This function ensures that all ETH-BNB provided for liquidity can only be used to create the UNIswap trading pair.

There is no withdrawal codes installed on the MGB token contract so ETH-BNB cannot be withdrawn and LP tokens from creating the trading pair are locked for 90days after presale!

Additional Resources;

Website: https://magicbalancer.org

Telegram: https://t.me/magicbalancer

Whitepaper: https://github.com/MagicBalancer/Whitepaper/blob/main/whitepaperv1.pdf

● Twitter: https://twitter.com/magicbalancer

● Governance: https://vote.magicbalancer.org

● Github: https://github.com/magicbalancer

● Discord: Coming soon

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