What is the project about?
Lending and borrowing platform native to Base Network with Revenue Sharing tokenomics
What makes your project unique?
Novel tokenomics model that aligns long-term interest with token holders and the protocol
History of your project.
Built in April 2023, Magnate intended to launch on Arbitrum but took a swift shift to Base because of the recent hype. Later 2023, Magnate will launch on Arbitrum.
What’s next for your project?
More L2 expansions. Launch of governance, revenue sharing mechanism launch and NFTs.
What can your token be used for?
Stake MAG to get veMAG for:
market gauge weight voting
protocol revenue sharing
governance voting
WL spots for NFTs
What is the highest value Magnate Finance (MAG) has ever reached?
Magnate Finance (MAG) reached its peak price at 0.01057 $ on 18 August 2023, approximately 2 years ago ago. Presently, the current price is -99.45% lower than this all-time high.
What is the historical minimum price for Magnate Finance (MAG)?
The minimum price reached for Magnate Finance (MAG) was 0.00002894 $, documented on 11 October 2023, more than 2 years ago. In comparison, the current price is 100.62%, it above this historical low.
What is the fully diluted valuation of Magnate Finance (MAG)?
The fully diluted valuation (FDV) of Magnate Finance (MAG) stands at $ 8,476.06. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 1,000,000,000 MAG tokens. The realization of this FDV might take several years depending on the emission schedule of MAG tokens.