Welcome to MagicFox
The multi-chain ve(3,3) DEX, Yield Optimizer & B2B protocol on Arbitrum, BSC, and Polygon.
MagicFox is a Swap & Optimizer protocol built on Arbitrum, Binance Smart Chain, and Polygon. Our vision is to grant you financial freedom through a wide portfolio of DeFi products and services that are innovative, safe, and easy to use.
Additionally, we provide a large assortment of business-to-business services aimed at helping other projects grow and succeed in the world of decentralized finance.
Key Features
- Improved Solidly ve(3,3) tokenomics (Thena fork)
- Cross-chain deployment via LayerZero OFT standard
- Revenue sharing for token lockers
- Auto-compounding yield optimizer vaults
- Comprehensive B2B toolkit for partner projects
Important Links
| Asset | Contract Address |
|---|---|
| FOX Token | 0x84E0a246DD437d911989E89667816A9Ed97a1284 |
| veFOX Token | 0x4b749A14e8A1cC008eD7c89F7652537065191bbd |
| SHROOM Token | 0x967F4B82D8B7eD38f655CCf084150180c8165AC5 |
| veSHROOM Token | 0x6a07Cc5C621d8A1f8Ce25f449B49FaAD5dCBb8Ee |
FOX Token
FOX is the native governance and utility token of the MagicFox Swap protocol. It is earned by providing liquidity and staking LP tokens in farms.
Earning FOX
- Deposit LP tokens in farms to earn FOX emissions
- FOX emissions are distributed to gauges based on veToken voting
- Boosted rewards of up to 2.5x for veFOX holders
Locking FOX → veFOX
Lock your FOX tokens to receive veFOX, granting you governance rights, revenue sharing (25% of all trading fees), voting power on emission allocation, and bribe collection from gauges you vote for.
SHROOM Token
SHROOM is the native governance and utility token of the MagicFox Optimizer. It is earned as a bonus reward when staking in optimizer vaults.
Earning SHROOM
- Deposit LP tokens in optimizer vaults to earn SHROOM as a bonus
- SHROOM is distributed alongside the auto-compounded yields
Locking SHROOM → veSHROOM
Lock SHROOM to receive veSHROOM and earn 25% of all optimizer service provider fees. With significant TVL in the MagicFox Optimizer, simply holding locked SHROOM generates a strong passive income stream.
ve(3,3) Model
MagicFox implements the ve(3,3) tokenomics model, an improvement on the original Solidly design pioneered by Andre Cronje. This model aligns incentives between liquidity providers, token holders, and the protocol itself.
How It Works
- Vote-escrow: Lock FOX/SHROOM to gain veTokens with governance power proportional to lock duration
- Anti-dilution rebases: veToken holders receive weekly rebases that compensate for new emissions, protecting their share
- Gauge voting: veToken holders vote on which liquidity pools receive FOX emissions each epoch
- Bribes: Protocols can incentivize voters to direct emissions to their pools by offering bribe rewards
- Fee sharing: Voters earn 50% of swap fees from the gauges they vote for, plus any bribes attached
Swap
The MagicFox AMM allows you to trade your favorite crypto with low slippage and the best prices, ensured by smart routing and deep liquidity across multiple pool types.
Pool Types
- Volatile pools (vAMM): Standard x*y=k invariant for correlated and uncorrelated pairs
- Stable pools (sAMM): Curve-style invariant optimized for stable/pegged assets with ultra-low slippage
Fee Tiers
MagicFox offers variable fee tiers going as low as 0.03% for stable pairs. Fee revenue is split between liquidity providers, veFOX holders, and the protocol treasury.
| Pair Type | Fee |
|---|---|
| Stable pairs | 0.03% |
| Volatile pairs | 0.20% |
Fee Distribution
- 25% to veFOX holders (revenue sharing)
- 50% to gauge voters (for the pool they voted on)
- 25% to liquidity providers
Liquidity Pools
Provide liquidity to MagicFox pools and earn trading fees plus FOX emissions. Liquidity providers receive LP tokens that represent their share of the pool.
Farms
Stake your LP tokens in farms (gauges) to earn FOX token emissions. Emission rates are determined by veToken voting — pools with more votes receive higher rewards.
Boosted Rewards
veFOX holders receive up to 2.5x boosted farming rewards. The boost is calculated based on your veFOX balance relative to the total veFOX supply and your LP deposit size.
Optimizer / Vaults
The MagicFox Optimizer automatically maximizes your passive income potential by compounding your earnings at a high frequency, saving you precious time and gas costs.
How Vaults Work
- Deposit LP tokens into auto-compounding vaults
- The optimizer harvests rewards and re-invests them automatically
- Earn compound interest without manual intervention
- No deposit or withdrawal fees
Boosted Vaults
Earn additional APR by collecting rewards provided by partner protocols that boost yields on their vaults. Lock SHROOM to share in 25% of all optimizer service fees.
Voting & Gauges
Participate in protocol governance by voting with your veTokens on emission allocation to gauges. Each epoch (weekly), veToken holders can cast votes to determine which liquidity pools receive FOX emissions.
Gauge System
- Each liquidity pool has an associated gauge
- veToken holders allocate their voting power to one or more gauges
- Emissions for the next epoch are distributed proportionally to votes received
- Voters earn 50% of swap fees from the gauges they vote for
Bribes
Protocols and projects can deposit bribe rewards to incentivize veToken holders to vote for their gauges. This creates a market for emissions and drives liquidity to where it is needed most.
How Bribes Work
- Any protocol can attach bribe rewards (in any token) to a gauge
- veToken holders who vote for that gauge earn a proportional share of the bribes
- Bribes are claimable after each epoch flip
- This mechanism ensures efficient capital allocation across the protocol
B2B Services
MagicFox offers a comprehensive suite of business-to-business services aimed at helping projects grow and succeed in DeFi. Join the network of our business partners and scale your projects to new heights.
Available Services
- Token creation: Deploy your own token contracts with customizable parameters
- Liquidity locking: Lock LP tokens with verifiable on-chain locks for investor confidence
- Farm & vault listing: Create farms or vaults for your native tokens on MagicFox
- Launchpad: Conduct token sales through the MagicFox Launchpad
- Airdrop tools: Distribute tokens to multiple wallets efficiently
- Business marketing: Promote your platform to a wide crypto community
Partner Fee Sharing
Become an official MagicFox business partner and collect a portion of fees generated from farms and vaults of your tokens. This creates an ongoing revenue stream for partner projects.
Launchpad
The MagicFox Launchpad provides a platform for new projects to conduct token sales and launch their tokens to the MagicFox community. Projects are vetted for quality and security before being listed.
- Fair launch token sale model
- Automatic liquidity provision post-sale
- Built-in liquidity locking
- Instant farm/vault listing upon launch
Security & Audits
MagicFox takes security seriously. Our smart contracts are built on battle-tested code (Thena/Solidly fork) and have undergone independent security audits.
Security Measures
- Audited contracts: Independent third-party audits of all smart contracts
- KYC verified: Team has undergone KYC verification
- Solidly-based: Built on the proven ve(3,3) codebase
- LayerZero OFT: Cross-chain tokens use the battle-tested LayerZero standard
- Timelock & multisig: Administrative functions protected by timelocks and multi-signature wallets
Roadmap
Phase 1 — Foundation
- Protocol development & smart contract deployment
- Security audits & KYC verification
- Fair launch token sale
- BSC & Arbitrum launch
Phase 2 — Growth
- Polygon deployment
- Optimizer / vault system launch
- B2B platform & launchpad
- Partner integrations (ChainLink, LayerZero, Li.Fi)
Phase 3 — Expansion
- Additional chain deployments
- Advanced trading features (limit orders, TWAP)
- Cross-chain liquidity aggregation
- Institutional B2B services
FAQ
What is MagicFox?
MagicFox is a multi-chain ve(3,3) DEX, yield optimizer, and B2B protocol deployed on Arbitrum, BSC, and Polygon. It combines a decentralized exchange with auto-compounding vaults and business tools for partner projects.
What chains does MagicFox support?
MagicFox is deployed on Arbitrum, Binance Smart Chain (BSC), and Polygon. Cross-chain functionality is powered by LayerZero's OFT standard.
How do I earn yield on MagicFox?
There are multiple ways: provide liquidity and farm FOX tokens, deposit in auto-compounding optimizer vaults, lock FOX/SHROOM for revenue sharing, or vote to earn swap fees and bribes.
What is ve(3,3)?
ve(3,3) is a tokenomics model that combines vote-escrow mechanics with (3,3) game theory. By locking tokens, holders gain governance power and earn fees, creating aligned incentives between all protocol participants.
Is MagicFox audited?
Yes. MagicFox smart contracts have been independently audited. The team has also undergone KYC verification. Visit the Security page for details.
Are there any deposit or withdrawal fees?
No. MagicFox optimizer vaults have zero deposit and zero withdrawal fees. You only pay standard network gas fees for transactions.