Hello! It's Magnetic! And today we are launching! 🔥

Magnetic has been created to develop interfaces for applications that work with XRPL 🪙
Missions:
➡️ to provide maximum comfort for all users using blockchain tools
➡️ to present new concepts of earn tokens through trading.
✅ Magnetic gives you all necessary instruments for convenient trading.
✅ Also, it can help you mint your NFT collection without paying a commission.

TOKENOMICS 🧲

Distribution of Magnetic(MAG) tokens will not be quite ordinary

💎 100% of tokens will be issued and distributed only using the Proof Of Trade algorithm.
Such rules were developed by our team. More information will be able as soon as our site is fully functional.

❗️The main idea: Magnetic team cannot manage tokens $MAG.

✅ 100 % of the token issue will be distributed among active members of the XRP Ledger community with using the POT(Proof Of Trade) algorithm.

🌐 Website: https://xmagnetic.org
🗨 Telegram: https://t.me/XMagnetic
🗨 Twitter: https://twitter.com/MagneticXRPL

➡️Since Magnetic cannot distribute MAG, we are running a telegram bot with constant Airdrops in XRP and other tokens.

This bot will allow you to participate in daily Airdrops and recieve XRP and XRPL tokens 🪙

How do I get Airdrop?

➡️ Log in to Ticket Bot via XUMM Wallet.
➡️Click "Get Tickets" button and get tickets to participate in airdrop
➡️Add TL to MAG & Confirm receipt of tickets via XUMM Wallet.
✅ Wait for the results.

@MagneticTicketBot 📱

🔥 Magnetic DEX
⚡️ #AlmostReady

New LOTTERY!
2 XRP x 10 Winners
⏰ Time left: 06.12.2022 19:30:00 UTC
Conditions:
➡️ Add TL to MAG: LINK
➡️ Click the "Get Tickets" button and confirm the action in XUMM
✅ Wait for the results.

⭐️⭐️⭐️
@MagneticTicketBot

NO TOKENOMICS 🧲 
WHY?

As you can see, Magnetic doesn't stick to the traditional token distribution that everyone is used to in XRPL.

❗️This distribution has become obsolete  The price of all tokens dumps sharply 📉 after airdrops and free giveaways. It is not right. This brings down the investors who BUY the token and did not receive it through an airdrop.

💎 $MAG tokens can only be obtained through mining (more on this later).

✅ This is done so that the tokens have more value, and the holders make a profit.
         ❎ There will be no one who has received tokens through airdrop and is willing to sell them at any price.
         ❎ The team will not receive their fixed share of $MAG and sell it by creating a dump.
         ➡️ $MAG is practically not subject to a sharp dump.

ABSOLUTELY EVERY $MAG ISSUED WILL BE MINED WITH THE ➡️ POT ALGORITHM

XRPL Tokens Emoji Pack!

➡️ We launched the first Emoji Pack in XRPL, which already contains emoji many popular projects.
Enjoy yourselves!
https://t.me/addemoji/XRPLemoji

🧲🧲🚀🚀👨‍👧‍👧👨‍👧‍👧🐂🐂🐂🐂🪙🪙🪙🪙🪙🪙🪙🪙🪙🪙🪙🪙🪙🪙🪙🪙
🧲🧲🚀

XRP faucet in TipBot 👨‍👧‍👧

Magnetic can't give away 🧲$MAG, so we made an XRP pool through our 🚀 friends' faucet.

➡️Follow https://t.me/donation_xrpl_bot
➡️Start bot
➡️Login via XUMM
➡️Press Faucet
➡️Tap and receive 0.005 👨‍👧‍👧 daily

About Proof of Trade and Mining in XRPL 🧲

➡️ Magnetic introduces a new concept for the distribution of tokens for our community. Algorithm Proof of Trade(POT).
➡️ The meaning of this algorithm is to trade certain tokens on XRPL DEX for a certain volume.

🟢 MINING POOLS

xmagnetic.org will have a page with mining pools, where you can see detailed information about each pool. The conditions for receiving a reward from the pool (rewards for mining) are as follows:
1️⃣Trade a certain pair (not necessarily the one you will receive a token)
2️⃣Trade for a certain volume
3️⃣Make transactions of a certain type (buy / sell or both at once)

🟢MINERS

💎 For this, all miners who have fulfilled the conditions will receive a reward after the generation of the block.
➡️ Blocks with miners who have fulfilled all the conditions will be formed every 60 minutes. That is, you can fulfill the conditions and receive a reward every 60 minutes.

🟢 REWARD TIERS

🔩 For more experienced miners, the rewards will be increased. They will be increased for holding NFT from Magnetic collection or holding $MAG or other tokens (depending on the pool conditions).

🟢 MAG POOLS

⚠️ Pools with $MAG will have Burn Index and Difficulty Index. They will control the emission of tokens that are released into circulation. Burn Index determines what % of your reward will be burned. The difficulty index shows how many $MAG you need to hold to get a higher reward.

PS: YOU DO NOT NEED TO OWN NFT OR HOLD MAG TO GET THE MINIMUM REWARDS. YOU CAN GET MINIMUM REWARDS WITHOUT HOLD.

Magnetic GIVE 🧲

➡️Subscribe to:
@XMagnetic
@MagneticTicketBot
➡️ Provide proof in the chat:
@XMagnetic_chat

✅ Get 0.05 XRP + 0.05 XRP tips 👨‍👧‍👧

End Time: 12.12.2022 12:12 UTC

💎 Rewards in Proof Of Trade and Mining.

🟢 Now we will talk in more detail about the rewards for mining.
When you have completed the main conditions of the pool, you will receive a reward after the formation of the block (a block is formed every 60 minutes).

There are three types of awards:
➡️ Guaranteed reward
You will receive a guaranteed reward if the pool conditions are met. You don't need tokens or NFTs to get it. It's absolutely free.

➡️ Reward for hold NFT
You get an additional reward if you have NFTs from the Magnetic collection. This reward will depend on the rarity of the NFT.

➡️ Reward for hold tokens
You will receive an additional reward for holding tokens. The more tokens you have, the greater the reward you will receive (what specific tokens you need to keep on the balance sheet is indicated in the pool conditions)

Each block you can get all available rewards. These are Guaranteed Reward, NFT Hold Reward and Token Hold Reward.
🤿🤿🤿🤿🤿
If you are not yet familiar with mining and the POT algorithm, read this article:
https://telegra.ph/About-Proof-of-Trade-and-Mining-in-XRPL-12-08

Magnetic NFTs 🧲

We have already said that Magnetic will have its own collection of NFTs. Now you will learn a little more about it.
➡️ A total of no more than 5,000 NFTs will be issued.

🟢 Rarity

NFTs will be of various rarities. From the most frequent (Epic) to the rarest (Ultimate). There will be seven rarities in total:
➡️Epic
➡️Legendary
➡️Godly
➡️Mythical
➡️Transcendent
➡️Supreme
➡️ULTIMATE

🟢 Usage of NFT

🔥 NFTs will be used by all Magnetic products.

1️⃣ Mining: you will get much more reward if you have NFT on your balance.

2️⃣ Ticket Bot: if you have NFTs on your balance you will get more tickets from both the "get tickets" button and your referrals.

3️⃣ Future products such as games, various contests, bots will also use NFT and bring additional profit. We'll talk more about them later, when the release time comes.

➖➖➖➖➖➖➖
➡️ We understand that there is not enough information here to fully convey the meaning of Magnetic NFT. Later, when we launch mining, there will be more details 🧲

💎💎💎 And now look at our beauties from the Magnetic Girls collection 🔥

🐂 The open Beta test of the desktop wallet for XRPL has begun. "DADDY'S WALLET" will become part of the Rocket Launch ecosystem, and some premium features will become available to our holders.

If you want to participate in the Beta test, then you should follow the link https://t.me/+oGmyvIqAPfZmYWMy

The link will be valid until the are set of 100 users.

🆘 Spam in the chat is prohibited, all messages are strictly about the test. Violators are banned.

PS: and very soon you will be able to test something else 😉🧲

🔥 Mining pools 🔥

The picture shows an example of what mining pools will look like.

🧲 MAG pools

🟢 Characteristics:
➡️ Min Reward: the minimum amount that must be mined for the correct increase in emission (but these are only recommendations, there is no goal to strive for this amount.)
➡️ Miners: the total number of miners who participated in the extraction of the last block
➡️ Burn In Last Block: amount of MAG tokens that were burned when the last block was mined
➡️ Reward in Last Block: amount of MAG tokens that the miners shared among themselves
➡️ Pool: the number of remaining tokens in the pool.
➡️ Burn Index: Percentage of the reward that will be burned when a block is mined
➡️ Complexity Index: the required number of tokens for a higher reward.

🟢 Pool conditions:
➡️ Pair: the pair to trade on
➡️ Min Volume: the minimum volume for which you need to trade
➡️ Trade Type: what type of trade you need to gain the required volume

🟢 Rewards:
💎 Guaranteed:
A reward that you will receive in any case if you fulfill the conditions of the pool
💎💎 Hold Tokens:
A reward for holding tokens. The reward will differ depending on your balance. This can be seen in the pop-up window on the right.
💎💎💎 Hold NFTs:
A reward for holding NFT. The reward will differ depending on the rarity, this can be seen in the pop-up window on the right