What is Magator Yield – Yield Enhancing Platform For DeFi (MGC)

Magator Yield empowers users to boost their yields by automatically compounding rewards. It offers non-custodial solutions, ensuring that when employing Magator strategies, users retain complete ownership of their assets while actively putting them to work.

Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (MGC/USDT – Trade it here) on the Innovation Zone! Check it out now!

What Exactly is Magator Yield?

Magator empowers users to optimize their yields through the automatic compounding of rewards. The protocol facilitates yield generation by identifying, aggregating, and presenting opportunities, all within a single accessible platform.

Ensuring non-custodial solutions, Magator allows users to maintain complete ownership of their assets while actively putting them to work using Magator strategies. The goal of Magator is to offer a comprehensive range of strategies across the Cosmos ecosystem and other compatible networks. Additionally, the plan involves providing yield products that cater to various risk levels, enabling users to customize their risk exposure seamlessly by combining different yield opportunities according to their preferences.

What Are Non-Custodial Solutions in Magator Yield?

Embracing non-custodial solutions allows you to maintain complete ownership of your assets, eradicating the risks linked to custodial protocols. Magator, by design, never holds custody of your assets and solely executes actions that align with your explicit authorization. Furthermore, Magator employs authz grants, a Cosmos SDK message authorization module, to execute specific actions on your behalf without assuming custodial control.

Why Does Non-Custodial Solutions Matters?

Custodial solutions inherently carry risks, including potential hacks, theft, or malicious actions. When relinquishing custody, there’s no guarantee that custodians will strictly adhere to your instructions. Opting for a non-custodial solution like Magator ensures constant ownership of your assets, minimizing custodial risk—after all, not your keys, not your crypto.

In contrast to closed-source custodial products, Magator provides clarity about the origin of yields. With a non-custodial solution, each action must receive explicit authorization. With Magator, if you don’t authorize it, it simply doesn’t happen.

What is The MGC Token?

The MGC Token serves as both the utility and governance token within the Magator Ecosystem, initially existing as a BEP-20 token before the official launch of the mainnet. From an economic perspective, the issuance of tokens is exclusive to the BNB Chain for both the Alpha and Beta versions.

Where to buy MGC Token

You can find MGC Tokens here at MEXC! We are listing MGC/USDT in our Innovation Zone!

What is the Price of MGC Tokens?

The MGC Token is currently trading at MEXC with a live price of $0.013. You can check the live price of their token right here!

How to buy MGC Tokens on MEXC

You can buy MGC Tokens on MEXC by following the steps:

  1. Log in to your MEXC account. Click on [Spot].
  2. Search “MGC” using the search bar to see the available trading pairs. Take MGC/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of MGC you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy MGC] to confirm your order. You will find the purchased MGC in your Spot Wallet.

You can find a detailed guide on how to buy MGC Tokens here.

Get Free Airdrops with MEXC Launchpad!

Did you know MEXC gives out 20+ free airdrops weekly? Launchpad and Kickstarter events ensure that all our loyal MX token HODLers receive a ton of new tokens! Learn all about it at our MX Zone now!

Meanwhile, check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

Join MEXC and Start Trading Today!