$MAGIK is an algorithmic token pegged to $FTM on the Fantom Opera network.The $MAGIK'S algorithmic token serves as the backbone of a rapidly growing ecosystem aimed towards bringing liquidity and new use cases to the Opera network. The protocol's underlying mechanism dynamically adjusts $MAGIK's supply, pushing its price up or down relative to the price of $FTM. Magik is a multi-token protocol that consists of the following three tokens: -Magik ($MAGIK). -Magik Shares ($MSHARE) -Magik Bonds ($MBOND).