🧰Cellar (Vault)

Where Magicland citizens save their time on manual compounding

Think of our Cellar as smart bots, where you don’t need to go through the hassles of harvesting, creating a lp, and re-staking the tokens! All these burdens are eliminated by using our smart contract-based Cellar to handle everything on your behalf so you can truly enjoy earning passive income!

Cellar Smart Contract

  • 85% of the harvest is compounded back to the user’s deposits (LP tokens or single asset)

  • 10% of the harvest is used for iMAGIC buyback for fee distribution among xiMAGIC stackers.

  • 5% of the harvest is sent to Magicland treasury. **this portion will go to iMAGIC buyback in first month.

*xiMAGIC staking/governance component is under development where iMAGIC can be staked for xiMAGIC with more reward boost and voting right!

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