Magnate Finance MAG
1. Summary
- Price
-
$0.000076650000 +7.9%
- Market Cap
- $0.00 (#8493)
- Supply
- 0.00 / 146.00M
- Tags
- Base Ecosystem
- Description
-
Overview
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.
-
Token (MAG): Token holders can stake MAG to receive veMAG, which grants privileges such as:
| Price | |
| 52W High price | $0.000667624500 |
| 52W High date | 28th Aug 2023 (1 year ago) |
| All Time High (ATH) Date | 18th Aug 2023 (1 year ago) |
| ATH Price | $0.01 |
| % From ATH | -99.36% |
| All Time Low (ATL) Date | 11th Oct 2023 (1 year ago) |
| ATL Price | $0.000028940000 |
| % From ATL | 133.15% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $5.00 |
| Total Supply | 146.00M |
| Max Supply | 1.00B |
MAG
How does Magnate Finance's (MAG) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-15.3%
MAG
26.2%
Similar Market Cap
60 Day Return
-21.7%
MAG
-
Similar Market Cap
1 Year Return
-99.2%
MAG
-
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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 | 97 |
| Twitter followers |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://magnate.finance |
|---|---|
| Explorer | https://basescan.org/token/0x2DC1cDa9186a4993bD36d... |
| @magnatefi |
What is the correct contract address for Magnate Finance?
| Base | 0x2dc1cda9186a4993bd36de60d08787c0c382bead |
|---|
Has Magnate Finance been audited for security?
No security audits found for this project.
Are you the owner of Magnate Finance? Edit it here
Subscribe for free
Investment alerts and insights directly in your inbox.
By continuing, you agree to the Stack Terms of Service and Privacy Policy.