About Magi Network

Greetings everyone,

This post is going to about Magi Network. But, before we start, I am not affiliated with Magi. This post is going will server as a little brief of the network and to give you another option for your trades. As always, the advise is to DYOR.

Starting with the question, what is Magi Network?
It is a decentralized cross-chain exchange.
When talking about an exchange, one of the first things that come to mind is "trust". Here we are not going to be in favor of neither centralized or decentralized exchanges. As the user perspective is the main drive of that choice. What's noticeable when launching the app, is the number of options to connect to. You will have Hive Login option, BTC Wallet connect and 500+ of EVM wallets (including WalletConnect option).

Magi home page:

In the home page, you will find your Magi balance, the current market price of each token, direct swap option and transaction history. Basically, your most used options will be available at the start of the screen. On the left bar, there are multiple options. Among those options, there is the transactions history and swap options which are also available in the home screen. Additionally, there are the Transfer and Pools options. The former is to transfer your balance within Magi or, to an external address. The latter is liquidity providing (LP) option, which generates passive income. Within the same screen, you can see the Fee Earned from each pair. There are currently two pairs (HBD:HIVE & BTC:HBD).