How to Earn $MAGIC in the Treasure NFT Ecosystem on Arbitrum

$MAGIC is the native token of the Treasure ecosystem, a decentralized NFT metaverse platform built on Arbitrum. It functions as the core currency for gaming, staking, and ecosystem governance.

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Key Takeaways

• $MAGIC can be earned by playing on-chain games, staking, and providing liquidity.
  
   
• Bridgeworld and Realm offer gamified ways to mine, quest, or craft $MAGIC.
  
   
• Participation in the DAO or community events offers additional airdrop and grant rewards.

Ways to Earn $MAGIC

Play-to-Earn (P2E) Games

Treasure powers several on-chain games where you can earn $MAGIC by completing quests, crafting, or staking in-game assets.

• Bridgeworld: Stake Legions and Treasures to earn $MAGIC via mining or questing.
  
   
• Realm: Build and explore universes to generate yield through resource management.
  
   
• Smolverse: Compete in Smol Olympics and seasonal events to earn rewards.

Read More: How NFT Treasure Works: A Quick but Complete Guide

Staking

You can stake your $MAGIC tokens directly on the Treasure platform to earn passive rewards.

• Stake and receive sMAGIC, which provides governance power and yield.
  
   
• Lock-up durations vary and determine yield rates.
  
   

Providing Liquidity

Deposit $MAGIC into decentralized exchange pools like MAGIC/WETH on SushiSwap (Arbitrum) to earn trading fees and potential farming incentives.

Treasure DAO Participation

Earn $MAGIC by contributing to the governance of the Treasure DAO. Roles include content creators, strategists, or builders who receive grants or retroactive rewards.

Airdrops and Community Events

Stay active on Treasure’s official Discord, Twitter, and forums. $MAGIC airdrops are periodically distributed through community challenges, quizzes, and limited campaigns.

Read More: What is Treasure NFT and How Does It Work?

FAQs

What wallet do I need to use $MAGIC on Arbitrum?

Use MetaMask or any WalletConnect-compatible wallet. Make sure Arbitrum One is added to your wallet network list.

Where can I buy $MAGIC?

$MAGIC is available on decentralized exchanges like SushiSwap (Arbitrum) and on centralized exchanges such as Binance and KuCoin.

What are the risks of staking or providing liquidity with $MAGIC?

Risks include impermanent loss, market volatility, and smart contract vulnerabilities. Always assess your risk profile before participating.