The MAG7X blog

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MAG7X explained.

Company news and short guides to the stock-token reserve behind MAG7X, a token on BNB Chain.

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Latest · Reserve notesPublished 2 min read

What happens when MAG7X’s reserve starts selling?

MAG7X reserve liquidation explained: stock tokens leave the vault, BNB enters the buyback pool, and the contract can buy back and burn MAG7X.

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  1. Stock tokensSold for BNB
  2. Buyback poolFunds MAG7X purchases
  3. BurnRemoves purchased tokens
A possible reserve cycle, subject to Flap’s conditions. Not a record of completed trades.

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Reserve notes2 min read

Why does MAG7X pay 3% extra for stock tokens?

Sell supported stock tokens to MAG7X’s reserve for BNB. What the 3% oracle premium means, when the vault can buy, and how to check a quote first.

Reserve notes2 min read

How to buy and sell MAG7X on BNB Chain

Buy MAG7X with BNB, sell it back, and understand wallet approvals. The correct contract and a short walkthrough of the MAG7X trade desk and Flap.

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Is SpaceX part of the Magnificent Seven?

SpaceX is not one of the Magnificent Seven. See the seven companies, why MAG7X adds SpaceX, and how its BNB stock-token reserve works.