Ⓜ️ MAGIC Token(ARBITRUM)

Tokenomics, the key aspects that will drive the success of Magicland.

Type	Details
Blockchain	Arbitrum
Ticker	MAGIC
Symbol	$MAGIC
Token Contract	0x2c852D3334188BE136bFC540EF2bB8C37b590BAD
Max supply	4,206,969
Emissions Per Block	6.5 MAGIC first then reduced to X MAGIC afterwards
Pre-Mint	4000 MAGIC

Tokens minted to the Magicland multi-sig wallet are used to ensure essential growth of the Magicland including partnerships, contests, talent acquisition, and new product development.​

2% of each newly minted $MAGIC token is automatically burnt when the harvest function has been called.

Emissions Per Block is in Ethereum block time. ​Pleae refer the documentation here. https://developer.offchainlabs.com/docs/time_in_arbitrum