What is MAGIX Token and how it works ? MagiX Token is programmed to reward HODLers while increasing in both liquidity and value. It does this by applying a 12% tax on transactions; 5% goes to HODLers, 5% is auto-locked to liquidity,1% goes for Development's,1% Charity for Programs, Forever Deflationary supply. We burned 25% of the total supply, and sent it to a black hole address. As this address also participates in the protocol, it accumulates more tokens, thereby, effectively removing them from circulation. There is no limit to the burn; the black hole will continue to grow, increasing the scarcity of MagiX Token. Why 25%? the burn address accumulates the most coins during tax distribution. Safe Liquidity. LP tokens are burned, & Liquidity is locked forever ! were here for the greater future.and saving other's future ! Were going to be first ever cryptocurrency with it's own online multiplayer game and series! Checkout our website for more info.
Read more Read less
What is MAGIX Token and how it works ? MagiX Token is programmed to reward HODLers while increasing in both liquidity and value. It does this by applying a 12% tax on transactions; 5% goes to HODLers, 5% is auto-locked to liquidity,1% goes for Development's,1% Charity for Programs, Forever Deflationary supply. We burned 25% of the total supply, and sent it to a black hole address. As this address also participates in the protocol, it accumulates more tokens, thereby, effectively removing them from circulation. There is no limit to the burn; the black hole will continue to grow, increasing the scarcity of MagiX Token. Why 25%? the burn address accumulates the most coins during tax distribution. Safe Liquidity. LP tokens are burned, & Liquidity is locked forever ! were here for the greater future.and saving other's future ! Were going to be first ever cryptocurrency with it's own online multiplayer game and series! Checkout our website for more info.