Announcing the new MagicSwap by
@Treasure_DAO
.
MagicSwap v2 will be the first AMM in crypto with universal token compatibility, supporting pools for both ERC-20s + NFTs through a single router and enabling trading of all items within game economies.
👇
NEW LISTING: $SMOL
$SMOL, the new community memecoin has been listed on Magicswap following the ratification of MIP-06.
ICYMI:
@smolverse
has embraced it for the culture and seeded initial liquidity for the SMOL-MAGIC pair with 250k MAGIC and 17.2B SMOL.
🤏🧠
MagicSwap is now live! 🔁✨
Built for the
@Treasure_DAO
gaming ecosystem and led by the community, MagicSwap will serve as your gateway to the cross-game economy.
It will support
@TalesofElleria
's ELM token at launch (ELM-MAGIC).
Explore it today 👇
New to Magicswap: Swap routing! 🔁✨
Now you can swap between any two supported tokens in a single transaction (e.g., $ANIMA to $SMOL, routed through $MAGIC auto-magically behind the scenes).
VEE, the in-game utility token of
@ZeeverseGame
, has launched on MagicSwap!
Earn VEE rewards in Dungeons to use them on Zee upgrades and send your team into battles against other Shamans!
$ANIMA (
@rlmverse
) has launched on Magicswap!
Obtain ANIMA by owning Adventurers (characters from Realm and other
@Treasure_DAO
games) and playing in the Realmverse.
Transcend, trade for LootBoxes, LP for bonuses and participate in Gamified Staking.
gFLY, the governance token of BattleFly DAO, has launched on MagicSwap!
gFLY powers the
@BattleFlyGame
network and provides governance rights to holders.
Stake gFLY in the Flywheel to earn boosted MAGIC emissions and compete for a Wastelands NFT. ✨
MagicSwap’s first token pair going live around 8pm EDT today (MAGIC-ELM).
Learn more about their AMM boost promo in this post by
@TalesofElleria
below!
#PoweredByTreasure
👇
AMM BOOST EVENT!
Read more to find out how to qualify for up to a 50% boost to medals emissions and a 20% boost to combat stats!
Less than 6 hours to AMM launch, get your $MAGIC ready 🎉
$ELM (
@TalesofElleria
) has (re)launched on Magicswap!
Ellerium (ELM) is a rare natural resource found fabled to be the crystallized blessing of the Goddess.
Use it for questing, strengthening your Heroes, crafting, and progressing in the world of Elleria.
Link below 👇
Update: Sharing AMM Fees with Games! 🤗
0.375% of fees collected into the Community Gamification Fund to-date and moving forward will be distributed to all studios/developers with pairs listed on Magicswap!
✨
@BattleFlyGame
@rlmverse
@TalesofElleria
@ZeeverseGame
The new MagicSwap is slated for release in early Q2'23 on
@Arbitrum
One and is currently being audited by our friends at
@0xMacroDAO
.
After Arbitrum, we plan to explore expansion on other chains.
The goal? Connecting all of web3 gaming through Treasure’s infrastructure.
$MAGIC will play a central role as the governance and fee token for MagicSwap.
MagicSwap pools will initially be created by
@Treasure_DAO
, under guidance from the community-led AMM Council, with the possibility of experimenting with more permissionless options later.
Critics of web3 have long claimed that crypto games have been “over-financialized.”
MagicSwap allows for a less speculative experience without eliminating the advantage of web3 gaming, establishing the optimal middle ground between GameFi and soulbound token economies.
MagicSwap will be a critical piece of infrastructure for
@Treasure_DAO
to power the cross-game economy.
It starts with ERC-20 support but we have a vision to do much more through MAGIC and other key assets within our vibrant ecosystem. Stay tuned for more!
MagicSwap will enable better game design, allowing game developers to build a new frontier of gaming that leverages web3 to the fullest.
✨ Location-based marketplaces
✨ Non-financial token economies
✨ Character-bound, not soulbound
Announcing the new MagicSwap by
@Treasure_DAO
.
MagicSwap v2 will be the first AMM in crypto with universal token compatibility, supporting pools for both ERC-20s + NFTs through a single router and enabling trading of all items within game economies.
👇
Nearly $20,000 USD in value will be shared back with game teams in the form of Magicswap LP tokens which comprise $MAGIC as the base pair as well as $GFLY, $ANIMA, $ELM, and $VEE.
📣 For the full announcement, see:
Without forcing a full migration of all pools/pairs and redeploying/upgrading contracts, it is advised that we maintain the lowered fees with the hardcoded ratio.
Upon the launch of Magicswap v2 (slated for Treasure Chain mainnet), this will be updated then to align with MIP-07.
AMM BOOST EVENT!
Read more to find out how to qualify for up to a 50% boost to medals emissions and a 20% boost to combat stats!
Less than 6 hours to AMM launch, get your $MAGIC ready 🎉
Unfortunately, Magicswap v1's smart contracts have a hardcoded 75%/12.5%/12.5% ratio.
With 0.5% fees, the breakdown is as follows:
• Liquidity Provider Fee: 0.375%
• Community Gamification Fund: 0.0625%
• Community Ecosystem Fund: 0.0625%
👇