# Magic Power (mgp)

> Hey Magicians, 
Welcome to Magic Cube documentation library. 
Magic Cube is a comprehensive ecosystem for decentralized finance (DeFi). The  ecosystem is driven and kicked off by the Magi Power Community, a Meme culture based community to open the door to the Magic Cube ecology. 
The Magic Cube ecosystem mainly covers the two parts at the current stage: Magic Power Community and Magic Cube assets minting system. Magic Power Community issues MGP token to carry the value of the community and connect the assets minting system as MGP could be burnt to mint USDM, the algorithm stablecoin of the ecosystem. 
Magic Cube ecosystem is running with the dual-chain mechanism that the applications are built on both Binance Smart Chain and Ethereum, including the tokens of MGP, USDM and MAGC, the ecological governance token for incentives.
You can mint mcAssets, the synthetic assets at Gringotts Bank by collateralizing USDM, and the mcAssets will make profits for users at other system of Magic Cube ecosystem, including trading at RingSwap, Staking for mining at Dwarf Pool, liquidity provider (LP) at Box Staking, and cross chain transfer at Glen Bridge. MGP (Magic Power) is the governance token of  the Magic Power Community with a total supply of 100 trillion MGPs. MGP is a decentralized Meme token managed by fully decentralized smart contracts, which will help the Magic Cube Ecosystem grow into a super powerful system of decentralized finance(DeFi).

## Price Data

- **Current Price**: $2.839e-8
- **Market Cap**: N/A
- **Fully Diluted Valuation**: $2.78M
- **Circulating Supply**: N/A
- **Total Supply**: 97900.15B mgp

## Price Changes

- **24h**: -0.00%
- **30d**: +0.00%
- **90d**: -0.07%
- **365d**: +0.02%

## Chain Availability

Available on: binance-smart-chain

## Resources

- [Website](https://magic-cube.finance/#/home)
- [Coingecko](https://www.coingecko.com/en/coins/magic-power)

## Links

- [View on Zerion](https://app.zerion.io/tokens/mgp-0xa677bc9bdb10329e488a4d8387ed7a08b2fc9005)
- [Trade on Zerion](https://app.zerion.io/tokens/mgp-0xa677bc9bdb10329e488a4d8387ed7a08b2fc9005)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset