Magnetra is a decentralized exchange (DEX) built on the Mantra Chain, designed to provide native trading, liquidity, and DeFi services with a focus on tokenized real-world assets (RWAs). It aims to serve as a central hub for liquidity and activity within the Mantra ecosystem. ^[2]

Overview

Magnetra is a decentralized exchange (DEX) built for the Mantra Chain, a Layer 1 blockchain designed for the tokenization of real-world assets (RWAs) and regulatory compliance. It serves as a native platform for trading, liquidity provision, staking, and DeFi applications within the Mantra ecosystem.

Developed using the Cosmos SDK and supporting Inter-Blockchain Communication (IBC), Magnetra introduces core financial functions missing from the Mantra Chain. It features tools such as AI-assisted trading, social trading elements, and tokenized RWA markets. The platform is modular and scalable, intended to support decentralized value exchange and financial innovation in a permissionless and secure environment. 

Technology

Magnetra’s technical architecture is built on the Mantra Chain using the Cosmos SDK and CosmWasm smart contracts, with Tendermint BFT ensuring consensus and the IBC protocol enabling cross-chain interoperability. The backend is scalable via Kubernetes, supported by custom indexers and APIs for real-time performance. Security measures include external audits, a multisignature treasury, AI-driven threat detection, and a bug bounty program. The platform leverages AI for personalized trading insights and automated strategies, while smart contracts enable flexible trading, staking, and governance. Open APIs and SDKs promote third-party integrations and ecosystem development. ^[1]

Features

AMM

Magnetra’s automated market maker (AMM) engine supports multiple trading strategies through customizable pool types, including constant product pools for volatile assets and stable pools for similar assets, such as stablecoins or tokenized RWAs. Pool creators can adjust parameters such as swap fees, liquidity thresholds, and time-weighted average price (TWAP) oracles. The AMM also includes specialized options, such as liquidity bootstrapping pools (LBPs), permissioned pools for RWAs, and dynamic fee models. It is designed to improve capital efficiency, minimize slippage and impermanent loss, and enhance overall usability. ^{[1] [2]}

Staking

Magnetra offers yield farming and staking mechanisms that allow users to earn rewards by contributing to the platform. Participants can stake MGN tokens to support protocol operations and receive a portion of generated fees, provide liquidity in exchange for MGN and partner tokens, or opt for time-locked staking with increased incentives for longer commitments. These features are designed to encourage sustained engagement and reinforce the protocol’s stability. ^{[1] [2]}

RWA Trading

Magnetra facilitates the on-chain trading of tokenized real-world assets (RWAs), including real estate and commodities. The platform supports features like onboarding through licensed custodians, fractional ownership to increase accessibility, and permissioned liquidity pools that incorporate KYC/AML compliance. These mechanisms are designed to integrate traditional assets into a decentralized framework while complying with regulatory standards. ^{[1] [2]}

AI Trading Tools

Magnetra incorporates advanced trading tools powered by AI to support informed decision-making and risk management. These include real-time trade predictions, signal generation, and portfolio optimization suggestions. AI systems also assess factors such as impermanent loss, diversification, and liquidity risk, offering detailed analytics for risk evaluation. The platform emphasizes usability through an intuitive interface and provides customizable notifications via email, Telegram, or SMS to keep users updated on trading, staking, and liquidity activity. These tools are designed to improve both strategy execution and overall user experience. ^{[1] [2]}

Social Trading

Magnetra’s social trading infrastructure is designed to foster collaborative and transparent trading. Users can engage in copy trading by automatically replicating the strategies of high-performing traders directly on the platform. Public trader profiles display key metrics such as return on investment (ROI), trade volume, and win rate, while leaderboards highlight top performers. Advanced features include AI-driven sentiment analysis, which tracks market sentiment from news and social media sources to provide additional context for decision-making. The platform also supports interactive community portfolios, allowing users to create and share curated token baskets to facilitate group strategies and broaden participation. ^{[1] [2]}

Governance

Magnetra operates under an on-chain governance system where MGN token holders can propose, vote on, and execute changes to the protocol. The system utilizes quadratic voting to mitigate disproportionate influence from large holders, thereby maintaining decentralized decision-making and community oversight. ^[1]

MGN

MGN is the native token of Magnetra, serving both governance and utility functions. Holders can participate in decision-making processes by voting on platform policies, fee models, and reward allocations through an active on-chain governance system. The token also offers benefits, including reduced transaction fees for users who hold or stake MGN, access to new platform features, staking rewards, liquidity incentives, and opportunities for yield farming. These functions support ongoing ecosystem participation and protocol development.

Tokenomics

MGN has a total supply of 1B tokens and has the following allocation:

• Staking & Liquidity Mining: 25%
• Ecosystem Development & Partners: 20%
• Team, Advisors & Development: 20%
• Community Incentives: 15%
• DAO Treasury: 10%
• Token Sale: 10%