Dark Magic DMAGIC
1. Summary
Limited data
- 100% of the Dark Magic code repositories are forked (originally copied) from another project.
- Price
-
$0.08 +4.6%
- Market Cap
- $324,233.00 (#4865)
- Supply
- 4.00M / 4.00M
- Tags
- DeFi Polygon Ecosystem
- Description
-
Dark Magic is a utility token that operates with a 1.5% transaction fee mechanism and price floor mechanics. This functionality is achieved through its unique liquidity pool wrapper token, known as Drax. As more products and partnerships are established, using Dark Magic, the volume and transfers of the token increase. This growth consequently boos...
Dark Magic is a utility token that operates with a 1.5% transaction fee mechanism and price floor mechanics. This functionality is achieved through its unique liquidity pool wrapper token, known as Drax. As more products and partnerships are established, using Dark Magic, the volume and transfers of the token increase. This growth consequently boosts the transaction fees, which are allocated towards yield farming rewards, future development, and token burning. Token burning involves removing tokens from the supply, leading to a reduction in the total available tokens. As more tokens are locked into the liquidity pool and burned, the price floor of Dark Magic increases over time, creating an exponential growth curve. This locked liquidity allows for paired tokens beneath the price floor to be accessed via a call function and "swept out" for various project activities, such as creating additional yield farms and rewards for different products and actions. The token's symbol is DMAGIC.
| Price | |
| 52W High price | $0.19 |
| 52W High date | 12th Mar 2024 (8 months ago) |
| All Time High (ATH) Date | 27th May 2021 (3 years ago) |
| ATH Price | $1.69 |
| % From ATH | -96.29% |
| All Time Low (ATL) Date | 13th Sep 2024 (2 months ago) |
| ATL Price | $0.06 |
| % From ATL | 4.87% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $9.00 |
| Total Supply | 4.00M |
| Max Supply | 4.00M |
| Circulating Supply | 4.00M |
DMAGIC
How does Dark Magic's (DMAGIC) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-7.4%
DMAGIC
-2.9%
Similar Market Cap
60 Day Return
-23.9%
DMAGIC
-10.0%
Similar Market Cap
1 Year Return
-31.1%
DMAGIC
-47.5%
Similar Market Cap
We're monitoring 2 Dark Magic GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Dark Magic Repos)
Commits vs. The Market
- Past 4 weeks: 0 commits vs. an average of 1
- Past 12 weeks: 0 commits vs. an average of 8
- Past year: 0 commits vs. an average of 113
Most Active Repos
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 31 |
| Past week | |
|---|---|
| Past 12 weeks | |
| Past year |
Top Developers 2024
In total, 93 developers have contributed to Dark Magic over the past year. Who are the most active Dark Magic developers, by commits, over the past year?
Related Projects
Developers working on Dark Magic also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 498 |
| Twitter followers | 2,637 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://defimagic.io/#/ |
|---|---|
| Explorer | https://explorer-mainnet.maticvigil.com/tokens/0x6... |
| @defi_magic |
What is the correct contract address for Dark Magic?
| Polygon-pos | 0x61daecab65ee2a1d5b6032df030f3faa3d116aa7 |
|---|
Has Dark Magic been audited for security?
No security audits found for this project.
Are you the owner of Dark Magic? Edit it here
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