Magic Render Docs
  • 🧠Introduction
  • 🎯Vision and Mission
  • Platform Overview
    • 🎨AI Art Render
      • Key Advantages
    • 🖼️NFT Compatibility
      • Why NFT Integration Matters
      • Key Benefits
      • How to Mint Your AI-Generated Art into NFTs
    • 📊Revenue Sharing Model
      • Mechanism Explained
      • Key Advantages
    • 🛒NFT Marketplace
      • Key Features
    • 🪙Token Ecomomy
      • Utility of $MGR
      • Tax System
      • Deflationary Mechanism
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  1. Platform Overview
  2. Token Ecomomy

Deflationary Mechanism

To drive long-term value, MagicRender incorporates a deflationary token model. A portion of the $MGR tokens used in image and video creation will either be burned (permanently removed from circulation) or converted into contract tokens. This reduces the total token supply over time, increasing scarcity and potentially boosting the value of $MGR.

PreviousTax System

Last updated 6 months ago

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