Description
Dark Magic is a utility token that incorporates a 1.5% transaction fee and leverages a unique locked liquidity pool wrapper token called Drax. Through increased transaction volume, transaction fees contribute to yield farming rewards, ongoing development, and permanent token burns, which reduce supply and elevate the price floor. This mechanism supports exponential growth. Paired tokens below the price floor can be extracted and repurposed to benefit the project's ecosystem, including creating additional yield farms and other rewards, fostering a robust and expanding ecosystem.
Dark Magic is a utility token that incorporates a 1.5% transaction fee and leverages a unique locked liquidity pool wrapper token called Drax. Through increased transaction volume, transaction fees contribute to yield farming rewards, ongoing development, and permanent token burns, which reduce supply and elevate the price floor. This mechanism supports exponential growth. Paired tokens below the price floor can be extracted and repurposed to benefit the project's ecosystem, including creating additional yield farms and other rewards, fostering a robust and expanding ecosystem.
