πŸͺ„
Magic Yearn Documentation
  • πŸ‘‹ Welcome to Magic Yearn!
    • Offical Links and Contract Addresses
  • 🌎 Ecosystem
    • πŸͺ™ Magic Yearn Share Token (MyS)
      • πŸ“Š Tokenomics
      • πŸ”₯ Emissions & Burn
      • πŸ”¨ Utility
      • πŸ›οΈ Governance
      • πŸ–Ό Minting myINK (NFTs)
    • πŸͺ™ Magic Yearn Exchange Token (MyEx)
      • πŸ“Š Tokenomics
      • 🧰 Utility
    • πŸͺ™ Magic Yearn XXX Token (myXXX)
      • ♻️ Reflows
      • πŸ’° Transaction Fees
  • ⌨️ Wrapper (AMM)
    • πŸ’§ Adding Liquidity via a DEX
    • βœ… Minting myXXX
    • πŸ’§ Adding Liquidity via Wrapper (Zap-In)
    • πŸ”₯ Burning myXXX
  • πŸ’± Decentralized Exchange Pegging
  • πŸ’° Staking
    • 🌊 Pool Types
  • πŸ–ΌοΈ Magic Yearn NFTs
    • πŸͺ™ MyFreeINK
    • πŸͺ™ myINK
    • πŸ–ΌοΈ Mint NFTs
    • πŸ”₯ Burn NFTs
  • πŸ“‰ Fee Reduction
    • πŸ“ Summary
    • πŸ’² Zap-in Fees
    • 🫰 myXXX Transaction Fees
  • βœ… Project Benefits (Liquidity Pools & Single Staking)
    • 🌊 Liquidity Pools for Existing myXXX Tokens
    • 🌊 Liquidity Pools for Existing myXXX Tokens with MyS Rewards
    • πŸͺ™ Creating a myXXX Token
    • πŸͺ™ Creating a myXXX Token with MyS Rewards
    • πŸͺ™ Creating a myXXX Token with MyS Rewards & Customized Arbitrage Trades
  • πŸ›£οΈ Roadmap
  • β˜‘οΈ Teneo
  • 🧐Audit
  • βš–οΈLegal
    • πŸ“ TERMS AND CONDITIONS
    • πŸ“PRIVACY POLICY
    • πŸ“USER AGREEMENT
  • πŸ–₯️ Testnet Guide: Beta Version
    • 🦊 Testnet Setup (MetaMask)
    • πŸ’§ Testnet Faucet
    • πŸ’° Reduce Fees
    • πŸ”›Getting LP-Tokens
    • πŸ“ˆStaking
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🌎 Ecosystem

PreviousOffical Links and Contract AddressesNextπŸͺ™ Magic Yearn Share Token (MyS)

Last updated 2 years ago

The Magic Yearn ecosystem is driven by specific digital assets and NFTs (Non-Fungible Tokens) that help power operations across our platform and ultimately drive value to all stakeholders βœ…

To better understand how this economic engine runs, take a high-level look at the components below or navigate to each section for more detailed information:

  • Magic Yearn Share Token (MyS): Utility token that reduces transaction fees, allows users to MyInk tokens, vote in governance, and receive MyS rewards for staking liquidity tokens

  • Magic Yearn XXX Tokens (myXXX): Wrapped versions of ERC-20 tokens (where the β€œXXX” represents the corresponding ticker symbol). By holding or providing liquidity, users can accumulate more myXXX tokens that can be exchanged with their ERC-20 counterpart at a 1:1 ratio at any time

  • Magic Yearn Exchange Token (MyEx): Exchange value asset that connects every myXXX token for arbitrage trades and gives a direct route to swap MyS and burn from myXXX DAO fees

  • Magic Yearn NFTs (myNFT): Allows users to receive and mint unique NFTs that have their own pixel color combination (blocked when being minted). Minting myNFTs requires either utilizing MyFreeInk (received through airdrops or via events) or minting MyInk for MyS tokens