Magnate Finance

1. Summary

Ranks

Liquidity

-

Developer

-

Social

15

Momentum (beta)

0

Stack Rank™

-

Price

$0.000099640000 0.0%

Market Cap

$0.00 (#14070)

Supply

/

Tags

Base Ecosystem

More Metrics

Price
52W High price	$0.000110572600
52W High date	28th May 2024 (1 year ago)
All Time High (ATH) Date	1st Aug 2025 (2 weeks ago)
All Time Low (ATL) Date	1st Aug 2025 (2 weeks ago)

Supply & Trading Volume
Trading Volume (24h)	$2.00

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Description

Overview

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Overview

Magnate Finance is a lending and borrowing platform native to the Base Network. It features a novel tokenomics model designed to align the long-term interests of token holders with those of the protocol.

History

The project was built in April 2023, initially intended to launch on Arbitrum but later shifted to Base due to the recent hype. Following this, Magnate Finance is scheduled to launch on Arbitrum later in 2023.

Key Features

• Token (MAG): Token holders can stake MAG to receive veMAG, which grants privileges such as:
  • Market gauge weight voting
  • Protocol revenue sharing
  • Governance voting
  • Priority access to whitelist spots for NFTs

Roadmap

• Future Plans: Expansion to more Layer 2 networks, the launch of governance features, revenue sharing mechanisms, and NFTs.

Ecosystem

• Current Operations: Magnate Finance is currently active on the Base Network, focusing on lending and borrowing services.

Status

• Project State: In development, with ongoing progress on its future plans and expansion strategy.

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