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About Magic Power
Hey Magicians,
Welcome to Magic Cube documentation library.
Magic Cube is a comprehensive ecosystem for decentralized finance (DeFi). The ecosystem is driven and kicked off by the Magi Power Community, a Meme culture based community to open the door to the Magic Cube ecology.
The Magic Cube ecosystem mainly covers the two parts at the current stage: Magic Power Community and Magic Cube assets minting system. Magic Power Community issues MGP token to carry the value of the community and connect the assets minting system as MGP could be burnt to mint USDM, the algorithm stablecoin of the ecosystem.
Magic Cube ecosystem is running with the dual-chain mechanism that the applications are built on both Binance Smart Chain and Ethereum, including the tokens of MGP, USDM and MAGC, the ecological governance token for incentives.
You can mint mcAssets, the synthetic assets at Gringotts Bank by collateralizing USDM, and the mcAssets will make profits for users at other system of Magic Cube ecosystem, including trading at RingSwap, Staking for mining at Dwarf Pool, liquidity provider (LP) at Box Staking, and cross chain transfer at Glen Bridge. MGP (Magic Power) is the governance token of the Magic Power Community with a total supply of 100 trillion MGPs. MGP is a decentralized Meme token managed by fully decentralized smart contracts, which will help the Magic Cube Ecosystem grow into a super powerful system of decentralized finance(DeFi).
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Market Stats
Market Cap
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Additional details
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MGP vs markets
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MGP vs BTC
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MGP vs ETH
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Tags
Network & Addresses
Network | Address | |
|---|---|---|
BNB Smart Chain | 0xa677bc9bDb10329E488A4d8387ED7a08b2fc9005 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.00000002843 | |
1 Day | $0.00000002864 | |
1 Week | $0.00000002842 | |
1 Month | $0.00000002833 | |
1 Year | $0.00000002787 |
FAQ
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#2721
Contributors
234
Posts
387
% About Magic Power
0.001%
Articles
1
X (Twitter)
51.8% bullish
Sentiment
5.0 ★
Highlights
234 unique individuals are talking about Magic Power and it is ranked #2,721 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Magic Power has an average sentiment score of 5.0 out of 5. Finally, Magic Power is becoming less newsworthy, with 1 news articles published about Magic Power.
On Twitter, people are mostly bullish about Magic Power. There were 62.07% of tweets with bullish sentiment compared to 19.83% of tweets with a bearish sentiment about Magic Power. 37.93% of tweets were neutral about Magic Power. These sentiments are based on 139 tweets.
On Reddit, Magic Power was mentioned in 65 Reddit posts and there were 1253 comments about Magic Power. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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