# Forest (Farm)

{% hint style="success" %}
Earn $iMAGIC by staking LP tokens in the **Forest**
{% endhint %}

Magicland strives to provide the best rates while still maintaining a competitive $iMAGIC price.

**\*\*These forests' reward multiplier will be adjusted dynamically with data-driven modeling to ensure the best APR% and TVL booster. Please refer to the site for the latest update.** 

|     |
| :-: |

| PID |      Pair     | Multiplier | Deposit Fee | Withdrawal Fee |
| :-: | :-----------: | :--------: | :---------: | :------------: |
|  2  |  iMAGIC-WIOTX |     50X    |      0%     |       0%       |
|  1  | iMAGIC-ioBUSD |     40X    |      0%     |       0%       |

{% hint style="warning" %}
Some farms have deposit and withdrawal fees, always check before you stake! DYOR and never risk more than you could afford. 
{% endhint %}

{% hint style="info" %}
Impermanent loss is a **decentralized finance (DeFi) phenomenon** that occurs when an automated market maker's (AMMs) algorithmically driven token rebalancing formula creates a divergence between the price of an asset within a liquidity pool and the price of that asset outside of the liquidity pool.
{% endhint %}


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