🟢AMM, DEX, and Margin Bots

After the introduction of AMM on all decentralized exchanges and XRPL swap platforms, a problem arose regarding the difficulty in determining how much of a trade would go through the AMM and how much would go through the order book. Everyone decided to address this issue in a similar way:
1) If you make a trade through the AMM, by default, it is assumed that 100% of the trade will go through the AMM. If you trade through the order book, 100% will go through the order book.
2) Any market order is placed in a way that you are willing to pay 1000000000 XRP (or another token) to execute the trade. Yes, this guarantees a 100% chance of executing the trade. However, this approach is not entirely accurate because:
- There is always a risk of margin bots where you may lose a percentage of your funds.
- There was recently an "bug" in XRPL where @xpmarket could have lost over 900k XRP. What if this "error" happens during your trade? (The situation would be similar to the XPM incident.)

We have chosen a different approach to address this problem. No orders for 100 billion XRP, only precise calculations and a 100% guarantee that you will never lose your funds (even in the event of a blockchain bug).

It took us some time, but we have found the most optimal algorithm for determining how much of a trade will go through the AMM and how much will go through the order book, how much you will spend on AMM fees, and how your trade will affect the asset price. And you can see all this data in advance before making the trade!(Click "Summary" to see it.) Additionally, the trade itself only involves buying or selling a specific amount of the asset you need, unlike other platforms where theoretically you could spend an infinite amount of one asset to obtain the desired amount of another.
Currently, Magnetic is the only platform on XRPL that applies such an algorithm.

Use DEX with minimal risks of losing funds due to margin bots and blockchain bugs: https://xmagnetic.org/dex

🟢We have reached level #4 and are ready to conquer new heights. Next station: #3(40k liquidity left)
When MAG will be #1?

Now:
30th day of farming
TVL: 835k XRP
Price: 1172 XRP

Join to farming: Farming

PS: don’t forget that holding Magnetic NFT and trading volume give you an additional bonus to your reward

🟢 New farming pool!
EverBurn/XRP

Ultra-deflationary XRPL token with a supply of 15M and capitalization 23k XRP

⭕️ Reward pool: 3M $EverBurn
👨‍🌾 Daily reward for EverBurn farmers: 27k $EverBurn
👨‍🌾 Daily reward for MAG farmers: 3k $EverBurn

Pool duration: 100 days

Current APR: >999%

Trade EverBurn: LINK
EverBurn farming pool: LINK
More Info About farming: LINK

PS: Don't forget about $EverBurn burning,50% is burned on every transaction

🟢Interesting statistics for last 24 hours:
- All AMM pools in XRPL collected 2.1k XRP in fees
- The AMM pool MAG/XRP collected 1.1k XRP in fees
(>50% of the total amount! And all these fees, in addition to farming rewards, are earned by liquidity providers in MAG)

- Total trading volume through all AMM pools on XRPL amounted to 331k XRP
- Total trading volume through the AMM pool MAG/XRP amounted to 108k
(a third of the total volume!)

Join to farming

🟢The bounty hunt will be open very soon!

✔️ Claim daily rewards
✔️ Complete tasks
✔️ Invite friends
✔️ Participate in a two-level referral system

➡️ For all this you will receive a Bounty!

Bounty is a currently non-existent token that you can earn only on Magnetic through referrals and tasks.

In the future, there will be available a Bounty Shop where you can exchange Bounty to XRP, tokens or NFTs!

PS: Bounty will never become Magnetic's main token. This is simply a way to reward users for inviting referrals and completing daily tasks.
The main Magnetic token will always be MAG and each of our tools will contribute to its growth.

Farming | Twitter | Raid Group

🟢MAG has a new ATH!

2 years have passed and the previous high of 1750 XRP was exceeded!

TVL: 1.7M XRP
Price: 2133 XRP
Contributors: 485

Farming | Twitter | Raid Group

🟢The Bounty Hunt is open!

✔️ Claim daily rewards
✔️ Complete daily tasks
✔️ Invite friends using your referral link and earn together
(Our referral system consists of two levels. That is, you will receive a reward not only for your referrals, but also for the referrals of their referrals!)

And get a Bounty for all this!
There is a leaderboard on the Bounty page where you can find out what stage others are at and how far you are from first place.

❗️Bounty is not a token. Bounty is a currency that all Magnetic users can earn. It can't be sold or sent to anyone right now, but very soon there will be burning and sending options, as well as a Bounty Shop where you can get XRP, tokens, or NFTs for your savings!

Where can I get a referral link?
Your referral link is available on absolutely any Magnetic page. All you need to do is click on your wallet and then click on the “Copy referral link” button. Your referral link to the current page has been copied!
After each new authorization using your link, you will receive a new referral along with a Bounty reward for the invitation and his activity.

Start the bounty hunt

🟢Results of 37 days of farming

✔️ 703 unique farmers
✔️ Farmers earned 50k+ XRP in 37 days
✔️ MAG has 1.9M XRP liquidity
✔️ MAG price is 2240 XRP

Farming | DEX | Twitter | Raid Group

🟢 The new wallet interface is now available!

✔️ More user-friendly design.
✔️ Estimated value in US dollars and XRP.
Soon: Statistics (profits, losses, etc.)

🟢 New farming pool!
@xGO_dApp XGO/XRP

⭕️ Reward pool: 15M $XGO(about 600k XRP at the current price)
👨‍🌾 Daily reward for XGO farmers: 135k $XGO
👨‍🌾 Daily reward for MAG farmers: 15k $XGO
Don't forget to set TL for XGO (even if you are not going to farm XGO, but just farm MAG)

Pool duration: 100 days

Current APR: >999%

Trade XGO: LINK
XGO farming pool: LINK
More Info About farming: LINK