What is Mage Labs?
Mage Labs is a DEX-centric project debuting on Solana. The team is developing the most equitable and innovative DEX on Solana. The DEX will feature:
- Lowest swap rates on-chain.
- Innovative LP mechanics.
- Best conditions for ordinary and professional traders.
- Best conditions for arb service providers.
The startup will distribute 95% of protocol (fee) revenue in a horizontal direction, across owners who have staked either of the 2 core assets of the protocol: the $MAGE token and Mage Lab NFT collection, where 70% of revenue goes towards the $MAGE token, and 25% to the NFT collection.
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Timeline
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