🌲Forest (Farm)

Earn $iMAGIC by staking LP tokens in the Forest

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%

Some farms have deposit and withdrawal fees, always check before you stake! DYOR and never risk more than you could afford.

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.