Name: Magik Finance
SKU: MAGIK
Price: 0.023725362545 USD

MAGIK is the algorithmic token pegged to FTM on the Fantom Opera network. MAGIK's algorithmic token serves as the backbone of a rapidly growing ecosystem aimed towards bringing liquidity and new use cases to the Opera network. The protocol's underlying mechanism dynamically adjusts MAGIK's supply, pushing its price up or down relative to the price of FTM. Note that MAGIK actively pegs via the algorithm, it does not mean it will be valued at 1 MAGIK: 1 FTM at all times as it is not collaterized. MAGIK is not to be confused for a crypto or fiat-backed stablecoin.

Magik Finance

MAGIK is the algorithmic token pegged to FTM on the Fantom Opera network

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Magik Finance MAGIK

Historical Data for Magik Finance