MarketCap $1.17T -0.50%
24H Volume $43.84B +12.22%
$MAGIC is the native governance and utility token of Treasure. It is also one of the currencies for marketplace transactions.
Users stake $MAGIC can participate in the governance of Treasure, including the token economy, the future development of the ecosystem, and the marketplace. The projects in Treasure Ecosystem all utilize $MAGIC and share the same economic model of $MAGIC. Meanwhile, the TreasureDAO uses $MAGIC emissions to grow new projects and continue supporting existing ones.
The total supply of $MAGIC is 350,000,000. $MAGIC emission mimics Bitcoin’s halving, but this event occurs every year as opposed to every four years.