Axioms NFTs
Last updated
Last updated
Introducing DeFi Magic, a DeFi ecosystem designed to generate income for both the project and the community in a magical way.
DeFi Magic will be releasing 4 new NFTs. 2 will be on ETH and 2 more will be on POLYGON.
These NFTs operate as a utility gateway to liquidity staking for the holder of the NFT.
The first type of NFT makes you money automatically and all you have to do is to list it at a higher price than what you paid for.
The second type of NFT makes you 2X of your money automatically without you having to lift a finger. All you need to do is to buy it.
How does it work?
DeFi Magic uses a novel system where we take a % of the total NFT sales and stake it in a 3rd party income-generating platforms that generate staking rewards that is safe and established.
This 3rd party passive income will then be used to buy the first NFTs that are listed by you or straight from your wallet for the second NFTs, increasing the price floor gradually.
Only rewards accumulated are utilized in the buyback methodology, never principal balances.
The system will be designed, in regards to the 2x NFTs, to buy back the lowest ID numbers in order. ID #1 bought before ID#2, etc etc.
The NFTs are built to allow for redemption by the project without the holder having to spend GAS or do any work themselves. Please see function 9 on the contract for blockchain evidence:
Transactional evidence through blockchain to show how the entire system works is available by looking at the NFT contract https://polygonscan.com/address/0xe68e40eeEb0a86D9CC17a138Ff7DE88A7B19Dd9f
Staking proof may be found in this address: 0x66e11Dc99B8f8e350e30d4Ec3EA480EC01D7a360
From time to time, the project may utilize the Dev wallet to participate with value creation to these NFTs: 0xb9fdbe90fa825f88d4f27dab855d7c39cf6dca3d
Cauldron Tab (Polygon) NFTPS: 0x8Ea816A97371f5F38F3Cd5b76e7D85656e69D112 NFT2x: 0xe68e40eeEb0a86D9CC17a138Ff7DE88A7B19Dd9f
Cauldron Tab (ETH) NFTPS: 0x8Ea816A97371f5F38F3Cd5b76e7D85656e69D112 NFT2x: 0xe68e40eeEb0a86D9CC17a138Ff7DE88A7B19Dd9f
Disclaimer:
This is an experimental project. There are no guarantees to any guarantee, for the point of creating a blanket disclaimer and liability statement. All things in life have inherent risk. The Project reserves this right to alter the mechanics of the system and use the reserves from staking in any manner it sees it. This system uses staking pools in third party ecosystems such as Pancakeswap, Quickswap, or Sushiswap. Other third party platforms may be utilized such as Curve, Yearn, AAVE, or otherwise. Platforms and ecosystems engaged in may be changed from time to time without advanced notice or reason given.
