Disclosure: this announcement text was generated with AI.MAG7X: trading taxes for a stock-token reserveI'm building MAG7X, a BNB Chain token launched through Flap, a token launch platform. Part of the tax on MAG7X trades funds a vault that can buy tokenized stock assets. Its liquidation proceeds fund MAG7X buybacks and burns under Flap's rules.
How it worksBuy tax: 1%. Sell tax: 3%. Of the tax collected, 90% goes toward the reserve and 10% toward liquidity.
Flap calls the mechanism a Strategic Reserve Vault. During accumulation, eligible holders sell supported stock tokens to the vault for BNB. The configured purchase price includes a 3% premium over the oracle reference price, within each asset's available budget. This is a seller quote, not a yield for holding MAG7X or a guaranteed profit after costs.
It supports AAPLon, MSFTon, GOOGLon, AMZNon, METAon, NVDAon, TSLAon and SPCXon: stock tokens associated with the Magnificent Seven companies plus SpaceX. Each supported contract is linked on the website.
During liquidation, buyers can purchase available stock-token inventory with BNB. That BNB enters the cycle's buyback pool. This route opens only when Flap's liquidation conditions are met.
Reserve snapshot: 15 September 2026, 17:06 UTC0.01584 BNB allocated for acquisitions across eight assets. No stock tokens held yet. The report separates budgets, holdings and liquidation inventory.
What you can use now- Preview MAG7X buy/sell prices before connecting a wallet, then connect to trade.
- Sell an eligible stock token into a reserve bucket that has capacity.
- Inspect the reserve and its current phase without connecting.
You can use our desk or go directly to Flap.
Verify and try itBNB Chain token:
0xd40ccf3e065b1686eb683516e94357de0ac77777
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Reserve report |
Flap |
Token on BscScanHolding MAG7X does not give ownership of company shares or a right to redeem the reserve. This is not the unrelated Bitwise product.
Questions about the tax cycle, reserve or trading flow are welcome here.
