MagmaCake Finance
  • Roadmap
  • Polygon details
    • Presale
    • Features
    • How To Connect To Polygon Network
    • Pool ID
  • What makes us different?
    • Why Are We Different?
    • Smart Transfer Tax
    • Higher APY, Accurate APY ($MAGMA Staking)
    • Auto Renewal of Harvest Blocks
  • MultiChain
    • Binance Smart Chain Network Contracts
    • Polygon Network Contracts
  • BSC Launch Details
    • Presale & Launch
    • Partnership With SeedMoney Finance
  • Features
    • Harvest Lock
    • Auto Emission Reduction
    • BUSD House
    • MAGMA Buyback Protocol
    • Anti Whale
    • Layered Farming
    • Auto Liquidity
    • Multipliers
  • Safety
    • Audit & Reviews
    • Emergency Withdrawal
  • Links
    • FAQ Sites
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  1. Features

Auto Liquidity

Similar to many successful yield farms such as PantherSwap, we will be implementing an 8% Auto Liquidity transfer tax.

This means that for every transaction of MAGMA token, 8% of it will be converted to MAGMA-BNB LP token. This results in higher liquidity that will reduce the price impact, allowing users to trade with a lower slippage tolerance.

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Last updated 3 years ago

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