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.