Happy New Year, miners!
We, on behalf of all of Magnetic, thank you for all your support and active participation in the project! This year has been successful for all of you and for Magnetic. And that was just the beginning. Next year we will have even more interesting and cool things!
We, on behalf of all of Magnetic, thank you for all your support and active participation in the project! This year has been successful for all of you and for Magnetic. And that was just the beginning. Next year we will have even more interesting and cool things!
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XAHAU ✅
Magnetic became the first DEX to support the XAHAU network. Now you can conveniently manage your assets, trade on DEX, set and delete TrustLines in the Xahau network!
Dice has also already launched (with limited bets) and you can play and get a chance to double your XAH!
The following awaits us in the near future:
1) Updated white paper for Magnetic
1.1) Section dedicated to the Xahau and MAG network in this network.
2) Launch of mining and AutoMining in Xahau!
3) Faucet to get free XAH every hour!
4) BRIDGE for transferring tokens from XRPL to Xahau!
5) Big event for Magnetic and Xahau MAG
Place a TL for MAG in the Xahau network: LINK
Trade MAG in the Xahau network: LINK
Magnetic became the first DEX to support the XAHAU network. Now you can conveniently manage your assets, trade on DEX, set and delete TrustLines in the Xahau network!
Dice has also already launched (with limited bets) and you can play and get a chance to double your XAH!
The following awaits us in the near future:
1) Updated white paper for Magnetic
1.1) Section dedicated to the Xahau and MAG network in this network.
2) Launch of mining and AutoMining in Xahau!
3) Faucet to get free XAH every hour!
4) BRIDGE for transferring tokens from XRPL to Xahau!
5) Big event for Magnetic and Xahau MAG
Place a TL for MAG in the Xahau network: LINK
Trade MAG in the Xahau network: LINK
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White Paper.pdf
913.4 KB
Updated Magnetic WhitePaper.
Added a description of all new tools, new mining principles, new applications of NFT and MAG, support for the XAHAU network, a bridge between XRPL and XAHAU, as well as the distribution of the MAG in the XAHAU network.
Magnetic WhitePaper 1.2 | 2024
Added a description of all new tools, new mining principles, new applications of NFT and MAG, support for the XAHAU network, a bridge between XRPL and XAHAU, as well as the distribution of the MAG in the XAHAU network.
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ClaimReward in XAHAU!
0.34% of your balance every month!
Did you know that according to the XAHAU WhitePaper, every XAHAU wallet has the right to increase its balance by 0.34% every 30 days?
And very soon you will be able to do this directly on Magnetic! Send a transaction to the genesis wallet in XAHAU and receive 0.34% of your token balance!
It works like this:
Each account must send a ClaimReward transaction to the Xahau genesis wallet to begin the countdown until the next reward is received. You will then be able to send the same transaction every 30 days and receive 0.34% of your average XAH balance over the last 30 days.
And you can do all this in a convenient and understandable interface directly on Magnetic!
XAHAU WhitePaper: https://xahau.network/Xahau-Whitepaper.pdf
0.34% of your balance every month!
Did you know that according to the XAHAU WhitePaper, every XAHAU wallet has the right to increase its balance by 0.34% every 30 days?
And very soon you will be able to do this directly on Magnetic! Send a transaction to the genesis wallet in XAHAU and receive 0.34% of your token balance!
It works like this:
Each account must send a ClaimReward transaction to the Xahau genesis wallet to begin the countdown until the next reward is received. You will then be able to send the same transaction every 30 days and receive 0.34% of your average XAH balance over the last 30 days.
And you can do all this in a convenient and understandable interface directly on Magnetic!
XAHAU WhitePaper: https://xahau.network/Xahau-Whitepaper.pdf
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Big collaboration! Magnetic and MoonBoi589 announce a partnership.
Today Magnetic adds $MB589 @MMoonboi589
in the dice!
We bought 35,000,000 MB589 to create initial liquidity in dice and if necessary we will continue to buy.
Now you can double your $MB589 by playing dice! Just place a bet and win!
All MB589 that accumulate on the dice wallet WILL BE BURNED
Dice:
https://xmagnetic.org/dice/MB589+rLV1d3oPf6rg8wUZLYdGCzXoVWsAhz5TSX?network=mainnet
✅ You can also play on XRP and other tokens!
PS: Play for any bet you have a 1/10000 chance of a jackpot of 1400 XRP!
Today Magnetic adds $MB589 @MMoonboi589
in the dice!
We bought 35,000,000 MB589 to create initial liquidity in dice and if necessary we will continue to buy.
Now you can double your $MB589 by playing dice! Just place a bet and win!
All MB589 that accumulate on the dice wallet WILL BE BURNED
Dice:
https://xmagnetic.org/dice/MB589+rLV1d3oPf6rg8wUZLYdGCzXoVWsAhz5TSX?network=mainnet
✅ You can also play on XRP and other tokens!
PS: Play for any bet you have a 1/10000 chance of a jackpot of 1400 XRP!
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XAH Faucet already available!
You can receive free XAH every hour, and also invite friends using your referral link and receive 10% from each of their clicks!
How to get free XAH from Faucet?
1️⃣ Log in to XAHAU Bot via XUMM Wallet.
2️⃣ Click "Get Free XAH" and Get You Free XAH!
Repeat in 60 minutes and get XAH again
https://t.iss.one/XahauBot
You can receive free XAH every hour, and also invite friends using your referral link and receive 10% from each of their clicks!
How to get free XAH from Faucet?
1️⃣ Log in to XAHAU Bot via XUMM Wallet.
2️⃣ Click "Get Free XAH" and Get You Free XAH!
Repeat in 60 minutes and get XAH again
https://t.iss.one/XahauBot
Telegram
Xahau Faucet | Magnetic
The official XAH faucet in the XAHAU network, created with the support of #1 dex in XRPL and XAHAU:
xmagnetic.org/dex
xmagnetic.org/dex
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Claim XAHAU reward is already available directly on Magnetic!
xmagnetic.org
This information is taken from the white paper of XAHAU Network. For comfortable access, we have implemented this functionality on Magnetic.
How to get 0.34% of your balance every 30 days?
1) Go to your wallet on Magnetic (select XAHAU network)
2) Press the Claim XAHAU Rewards button for the very first time (the timer will start)
3) Come back after 30 days and click the button again. 0.34% of your average XAH balance will be added to your wallet!
✅ Now you can click the button every 30 days and receive 0.34% of your balance!
xmagnetic.org
This information is taken from the white paper of XAHAU Network. For comfortable access, we have implemented this functionality on Magnetic.
How to get 0.34% of your balance every 30 days?
1) Go to your wallet on Magnetic (select XAHAU network)
2) Press the Claim XAHAU Rewards button for the very first time (the timer will start)
3) Come back after 30 days and click the button again. 0.34% of your average XAH balance will be added to your wallet!
✅ Now you can click the button every 30 days and receive 0.34% of your balance!
Do this now so that the timer goes by faster and you can get your reward faster!👍9❤2🔥2
MAG stopped the correction?
+25% in a few days!
Trade MAG: https://xmagnetic.org/dex/MAG%2BrXmagwMmnFtVet3uL26Q2iwk287SRvVMJ_XRP%2BXRP?network=mainnet
+25% in a few days!
Trade MAG: https://xmagnetic.org/dex/MAG%2BrXmagwMmnFtVet3uL26Q2iwk287SRvVMJ_XRP%2BXRP?network=mainnet
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XRPL suffered a massive DDOS attack.
Since December 26, 2023, hundreds of accounts have been making millions of transactions per day to stop the network or at least slow it down.
There has never been such a surge in activity in XRPL.
Since December 28, about 5,000,000 transactions have been made per day! DDOS attackers are burning 4000-5000 XRP each day in network fees.
Their strategy is simple: hundreds (maybe thousands) of different wallets are sending 0.000001 XRP to this wallet:
It is unclear what their motive is. Whether Ripple themselves are testing their blockchain or ill-wishers decided to bring down the network.
In any case, this negatively affects regular network users as well as blockchain development projects. Nodes start operating slower, and network fees increase by hundreds or even thousands of times! Moreover, these fees sometimes escalate not only for spammers but also for ordinary users.
Yesterday, Magnetic encountered issues due to this attack. The nodes became overloaded and significantly slowed down. As a result, some of our applications were unable to retrieve transaction history and subscribe to network transaction updates.
In the past 12 hours, we have been diligently working on optimizing the code, adjusting node configurations, and procuring additional resources. The problem has now been resolved.
But even though we managed to solve the problem, the DDoS attack continues and transactions are still ongoing. When will this end and who benefits from this?
Another interesting thought: currently, there are 60-70 transactions per second on the network (usually 20-25 transactions per second), and even with such activity, network users are experiencing problems. XRPL developers claim that the network can support 1500 transactions per second. If issues like these arise at 60-70 tx/s, what will happen at 1500 tx/s?
Since December 26, 2023, hundreds of accounts have been making millions of transactions per day to stop the network or at least slow it down.
There has never been such a surge in activity in XRPL.
Since December 28, about 5,000,000 transactions have been made per day! DDOS attackers are burning 4000-5000 XRP each day in network fees.
Their strategy is simple: hundreds (maybe thousands) of different wallets are sending 0.000001 XRP to this wallet:
rxRpSNb1VktvzBz8JF2oJC6qaww6RZ7Lw.It is unclear what their motive is. Whether Ripple themselves are testing their blockchain or ill-wishers decided to bring down the network.
In any case, this negatively affects regular network users as well as blockchain development projects. Nodes start operating slower, and network fees increase by hundreds or even thousands of times! Moreover, these fees sometimes escalate not only for spammers but also for ordinary users.
Yesterday, Magnetic encountered issues due to this attack. The nodes became overloaded and significantly slowed down. As a result, some of our applications were unable to retrieve transaction history and subscribe to network transaction updates.
In the past 12 hours, we have been diligently working on optimizing the code, adjusting node configurations, and procuring additional resources. The problem has now been resolved.
But even though we managed to solve the problem, the DDoS attack continues and transactions are still ongoing. When will this end and who benefits from this?
Another interesting thought: currently, there are 60-70 transactions per second on the network (usually 20-25 transactions per second), and even with such activity, network users are experiencing problems. XRPL developers claim that the network can support 1500 transactions per second. If issues like these arise at 60-70 tx/s, what will happen at 1500 tx/s?
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Magnetic Bridge has passed all tests and works without any failures.
We originally planned for the bridge to only work in one direction, XRPL -> XAHAU, but in the end we decided that it would work in both directions! That is, you will be able to transfer tokens both from XRPL to XAHAU, and from XAHAU to XRPL!
At the initial stage, only the following pairs will be available:
XRP->XAH
XAH->XRP
Then we will add XRPL and XAHAU tokens to the bridge.
The launch of the Magnetic Bridge is planned in 4-6 days. Follow the news!
We originally planned for the bridge to only work in one direction, XRPL -> XAHAU, but in the end we decided that it would work in both directions! That is, you will be able to transfer tokens both from XRPL to XAHAU, and from XAHAU to XRPL!
At the initial stage, only the following pairs will be available:
XRP->XAH
XAH->XRP
Then we will add XRPL and XAHAU tokens to the bridge.
The launch of the Magnetic Bridge is planned in 4-6 days. Follow the news!
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Useful informations for new users:
Magnetic - #1 XRPL DEX, where you get a reward for regular trading of XRPL tokens! This is mining in XRPL!
Top miners earn about 200-300 XRP per day and you can too!
The principle of mining is very simple: you trade XRPL tokens for a certain volume and receive a reward every hour. No investment is needed to start, but you can increase your reward by increasing your MAG hold and having Magnetic NFT!
Mining | AutoMining
Now, while we are actively working on tools on the XAHAU network and preparing for new cool events, it’s great time to start mining MAG to be ready for big announcements!
Mining is far from the only tool on Magnetic. You can find out more detailed information in our documentation:
Documentation
___________________
XRP Faucet: @MagneticTicketBot
XAH Faucet: @XahauBot
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Magnetic
Trade MAG / XRP on #1 XRPL DEX - Magnetic
Trade MAG / XRP on Magnetic with a user-friendly interface and a seamless trading experience on XRPL.
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#MAG is the ONLY token in the XAHAU network that has a trading volume.
Yes, the volume is very small and even funny. The reason for this is that so far few people have XAH due to the difficulty of obtaining it. When we launch our bridge between XRPL and XAHAU, this will be easier. Everyone can easily exchange XRP for XAH.
We released MAG on the XAHAU network about a week ago and it has its own interesting tokenomics:
1) All tokens that are burned in XRPL will be automatically burned in XAHAU upon the official launch of mining in XAHAU (with the exception of 200 MAG, which will be used by the team to support liquidity, etc.)
2) The number of tokens that exist in XRPL in the XAHAU network will be liquidity for the XRPL-XAHAU bridge
3) The remaining MAG, as in XRPL, will be obtained only by mining!
*Mining on the XAHAU network has not yet been launched, but it won’t be long before the launch. As soon as we launch the Bridge between networks, work on mining will begin
TL to MAG in XAHAU: https://xmagnetic.org/dex/MAG%2BrXmagwMmnFtVet3uL26Q2iwk287SRvVMJ_XAH%2BXAH?network=xahau¤cy=MAG&issuer=rXmagwMmnFtVet3uL26Q2iwk287SRvVMJ
Trade MAG in XAHAU: https://xmagnetic.org/dex/MAG%2BrXmagwMmnFtVet3uL26Q2iwk287SRvVMJ_XAH%2BXAH?network=xahau
Yes, the volume is very small and even funny. The reason for this is that so far few people have XAH due to the difficulty of obtaining it. When we launch our bridge between XRPL and XAHAU, this will be easier. Everyone can easily exchange XRP for XAH.
We released MAG on the XAHAU network about a week ago and it has its own interesting tokenomics:
1) All tokens that are burned in XRPL will be automatically burned in XAHAU upon the official launch of mining in XAHAU (with the exception of 200 MAG, which will be used by the team to support liquidity, etc.)
2) The number of tokens that exist in XRPL in the XAHAU network will be liquidity for the XRPL-XAHAU bridge
3) The remaining MAG, as in XRPL, will be obtained only by mining!
*Mining on the XAHAU network has not yet been launched, but it won’t be long before the launch. As soon as we launch the Bridge between networks, work on mining will begin
TL to MAG in XAHAU: https://xmagnetic.org/dex/MAG%2BrXmagwMmnFtVet3uL26Q2iwk287SRvVMJ_XAH%2BXAH?network=xahau¤cy=MAG&issuer=rXmagwMmnFtVet3uL26Q2iwk287SRvVMJ
Trade MAG in XAHAU: https://xmagnetic.org/dex/MAG%2BrXmagwMmnFtVet3uL26Q2iwk287SRvVMJ_XAH%2BXAH?network=xahau
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Today we burned 8M XMEME and 70M MB589 from dice.
Every week we burn the XMEME and MB589 accumulated in our dice wallet.
Dice: https://xmagnetic.org/dice/XRP+XRP?network=mainnet
XMEME Burn TX
MB589 Burn TX
Every week we burn the XMEME and MB589 accumulated in our dice wallet.
Dice: https://xmagnetic.org/dice/XRP+XRP?network=mainnet
XMEME Burn TX
MB589 Burn TX
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Take 2000 XRP!
The Magnetic Jackpot is already very hot! 8100 games without jackpot.
Currently jackpot:
✅1145 XRP
✅4.800.000 $XEMEME
✅0.28 $MAG
✅11.600.000 $MB589
To win the jackpot, simply place any bet. If you get the number 77.77, the entire jackpot will automatically be sent to your wallet! (Don’t forget to set TrustLine)
Dice: https://xmagnetic.org/dice
PS: The bridge coming soon!
The Magnetic Jackpot is already very hot! 8100 games without jackpot.
Currently jackpot:
✅1145 XRP
✅4.800.000 $XEMEME
✅0.28 $MAG
✅11.600.000 $MB589
To win the jackpot, simply place any bet. If you get the number 77.77, the entire jackpot will automatically be sent to your wallet! (Don’t forget to set TrustLine)
Dice: https://xmagnetic.org/dice
PS: The bridge coming soon!
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Magnetic Bridge: Beta
We are announcing the launch of the first bridge between XRPL and XAHAU! Despite the fact that this is a beta version, already now you can change XRP to XAH and XAH to XRP in a couple of clicks! Tokens will automatically be sent to the network you need.
To exchange XRP for XAH, go to bridge, enter the amount of XRP you want to exchange and sign the transaction in XUMM. Within a minute, XAH will be on your balance in the XAHAU network!
Bridge: https://xmagnetic.org/bridge
Why this is a beta version?
Exchange functionality works fine, but the exchange history is not visible yet, and the exchange status is also not displayed.
Please open Telegram to view this post
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Have you already received your Evernode?
You can conveniently trade Evernode on Magnetic.
Trade EVR: https://xmagnetic.org/dex/EVR
Also, if you need XAH, but you don’t know where to buy it, use our bridge. In a few minutes you can exchange your XRP in the XRPL network for XAH in the XAHAU network.
Bridge: https://xmagnetic.org/bridge
You can conveniently trade Evernode on Magnetic.
Trade EVR: https://xmagnetic.org/dex/EVR
Also, if you need XAH, but you don’t know where to buy it, use our bridge. In a few minutes you can exchange your XRP in the XRPL network for XAH in the XAHAU network.
Bridge: https://xmagnetic.org/bridge
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How to double your EVR?
We added $EVR to the dice!
Now you can double your $EVR by playing dice! Just place a bet and win!
Dice:
https://xmagnetic.org/dice/EVR+rEvernodee8dJLaFsujS6q1EiXvZYmHXr8?network=xahau
✅ You can also play on XAH!
PS: Play for any bet you have a 1/10000 chance of a jackpot!
We added $EVR to the dice!
Now you can double your $EVR by playing dice! Just place a bet and win!
Dice:
https://xmagnetic.org/dice/EVR+rEvernodee8dJLaFsujS6q1EiXvZYmHXr8?network=xahau
✅ You can also play on XAH!
PS: Play for any bet you have a 1/10000 chance of a jackpot!
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We officially declare that Magnetic have set up our own XAHAU node and are no longer dependent on public nodes.
Magnetic also has several of its hosts in Evernode, contributing to the project.
XRP=>XAH Bridge: https://xmagnetic.org/bridge
Trade EVR: https://xmagnetic.org/dex/EVR
Magnetic also has several of its hosts in Evernode, contributing to the project.
XRP=>XAH Bridge: https://xmagnetic.org/bridge
Trade EVR: https://xmagnetic.org/dex/EVR
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XRPL => XAHAU Bridge
If you want to buy Evernode, but you don't have XAH, just use Magnetic Bridge. Purchase of XAH(XAHAU) directly for XRP(XRPL), without CEX. (or you can sell XAH and immediately transfer it to XRP)
Magnetic Bridge: https://xmagnetic.org/bridge
Trade EVR: https://xmagnetic.org/dex/EVR
If you want to buy Evernode, but you don't have XAH, just use Magnetic Bridge. Purchase of XAH(XAHAU) directly for XRP(XRPL), without CEX. (or you can sell XAH and immediately transfer it to XRP)
Magnetic Bridge: https://xmagnetic.org/bridge
Trade EVR: https://xmagnetic.org/dex/EVR
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