Magmar Token Utility

Revenue Sharing:

Magmar ensures a community-centric approach by sharing a significant portion of its revenue with token holders, creating a direct financial benefit for the community.

• 50% Revenue Sharing: Half of Magmar's revenue is distributed to token holders, aligning the success of Magmar with the financial well-being of its community.

• 5% Buyback and Burn: To enhance token value, 5% of the revenue will be utilized to buy back and burn tokens, reducing the circulating supply and increasing scarcity.

This model promotes a strong alignment between Magmar's success and the financial well-being of our token holders.

Transaction Fee (Gas) Utility:

Magmar tokens can be used to pay for transaction fees (gas) within the Magmar ecosystem.

• Gas Payment Option: Users can utilize Magmar tokens to cover transaction fees, adding practical value to the token for regular users engaging with our integrated dApps.

• Gas Fee Discount: Users paying gas fees with Magmar tokens will receive a discount, incentivizing the use of the token within the ecosystem.

Governance Participation:

Token holders have governance rights, allowing them to vote on key decisions and influence the strategic direction of the Magmar project.

• Decentralized Decision-Making: Token holders can participate in governance, ensuring that the platform evolves in a community-driven and decentralized manner.

• Strategic Influence: Through voting, token holders can impact policy-making and the future direction of Magmar, fostering a sense of ownership and involvement.