# The Magnify Foundation

{% embed url="<https://www.magnifyfdn.org/>" %}
<https://www.magnifyfdn.org/>
{% endembed %}

## MAG Token

The MAG token is the official protocol token of Magnify Cash. The Magnify Foundation is the steward of MAG, an ERC-20 token which will contribute to the growth of the Magnify ecosystem and enable a fair governance model for decision-making within the ecosystem.

### Tokenomics

In-depth tokenomics and allocation breakdowns are available in the [Magnify Cash V1 Protocol: Whitepaper & Tokenomics](https://www.magnify.cash/whitepaper) document on our [official website](https://www.magnify.cash/).

***

## Ecosystem Grants

The Magnify Foundation will encourage innovation and acceleration in DeFi through a series of grants, workshops and other resources. Initiatives by The Magnify Foundation will be focused on supporting developers, liquidity providers, and creators that are building on top of and/or alongside the Magnify ecosystem.

More info regarding Magnify ecosystem grants will be released in the future.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://magnify.gitbook.io/magnify.cash/the-magnify-foundation.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.