MAG is the governance and incentive token behind the Magnetic ecosystem: AMM pools, farming, and XRPL Radar. MAG holders steer reward distribution and earn a share of protocol fees.
MAG ties AMM pools, farming, and XRPL Radar analytics into a single incentive loop: the more the protocol is used, the more valuable the token becomes for the people holding it.
MAG holders vote on pool parameters, farming emission rates, and Magnetic's development priorities.
A portion of AMM trading fees and swap fees is routed to MAG stakers on an ongoing basis.
Staking MAG increases your reward multiplier in farming pools and unlocks early access to new listings.
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Always verify the issuer address directly in the Magnetic app or on XRPL Explorer before interacting — this protects you from fake tokens with a similar ticker.
Through the MAG/XRP AMM pool in the Magnetic app — the "Buy" button above takes you straight to the swap.
Compare the issuer address on this page with the one shown in your wallet before confirming any transaction.
Yes — holding MAG requires an open trust line to the issuer in your XRPL wallet.