Reserve notes2 min read

What is MAG7X? Magnificent Seven + SpaceX on BNB

Meet the BNB Chain token using trading taxes to build a stock-token reserve. The eight companies, the mechanism and how to get started.

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MAG7X is a cryptocurrency on BNB Chain, launched through Flap, a token-launch and trading platform. Its theme is the Magnificent Seven technology companies plus SpaceX. Its distinguishing feature is a reserve: a smart contract that uses trading-tax funding to buy supported tokenized stocks.

Which eight companies?

The Magnificent Seven are Apple, Microsoft, Alphabet, Amazon, Meta, Nvidia and Tesla. SpaceX is the added X, rather than part of that usual seven-company list. Why combine the Magnificent Seven and SpaceX? The reserve supports these separate stock-token contracts on BNB Chain:

Company Supported stock token
Apple AAPLon
Microsoft MSFTon
Alphabet / Google GOOGLon
Amazon AMZNon
Meta METAon
Nvidia NVDAon
Tesla TSLAon
SpaceX SPCXon

These stock tokens are assets the reserve can acquire. They are not eight additional versions of MAG7X.

How does trading build the reserve?

A share of the tax on MAG7X trades funds stock purchases. The vault divides its acquisition funding equally across the eight assets: 12.5% each.

During the buying phase, called accumulation, someone holding a supported stock token can sell it to the vault in exchange for BNB. That is how a buying budget becomes an actual stock-token holding.

The reserve table shows both. “Held by vault” is its existing stock-token balance. “Vault can accept” is how much it could buy under the displayed conditions.

What do you own when you buy MAG7X?

You hold the MAG7X token. It has its own market price; it does not give you direct company shares or a personal right to withdraw the vault’s assets.

The reserve connects to MAG7X through its contract rules. During liquidation—the asset-selling phase—stock-token sales can raise BNB for the token’s buyback-and-burn mechanism. The reserve guide explains that cycle.

Where do I start?

To buy or sell MAG7X, open its Flap trading page. If you already hold one of the supported stock tokens, the seller guide explains the other way to participate: supplying assets to the reserve for BNB.

Explore MAG7X and its reserve

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