Magic Internet Finance · Documentation
User guide
This guide explains Magic Internet Finance (MIFI) for people who want to use it: the MIFI token, the Internet Wizard NFTs you conjure by locking 100,000 MIFI, the Mana Pool that shares actual protocol revenue equally per active Wizard, and the three spells that decide what each Wizard does with its SOL. Read the pages in order for the full tour, or jump to the one you need. Everything here describes a protocol still being built: fees and thresholds marked "proposed default" may change within on-chain bounds, USD and NAV figures are estimates, art marked PROTOTYPE is placeholder art, and rewards depend entirely on actual activity (conjure fees come from new conjures; trading fees come from trading). Nothing in this guide is a forecast, and no audit has been completed.
Pages
- 01
Magic Internet Finance: Overview
The map: MIFI, Internet Wizards, and the Mana Pool in one sitting, plus key numbers and what MIFI is not.
- 02
The MIFI Token
The MIFI token: 6 decimals, 1,000,000,000 supply, the Meteora DBC launch, migration to a DAMM v2 pool, and where the 3% LP fee goes.
- 03
Internet Wizards: Conjure, Own, Dispel
Conjure, own, transfer, and dispel a Wizard: the quote, the vault, what dispel returns, and why wallets cannot burn a Wizard.
- 04
The Mana Pool
Revenue sources, the 80/20 split, one Wizard one share, the exact settlement math, receipt-time entitlement, dust, and the bootstrap reserve.
- 05
Spells
Orange, Sol, and Infinity: what each does with settled SOL, changing spells, execution guards, and pending versus retained SOL.
- 06
Wizard Art: How Your Internet Wizard Gets Its Look
How a Wizard's look is fixed on-chain, catalogs and the issuance permutation, spell overlays, cosmetic stages, and the prototype art notice.
- 07
Estimated NAV and Marketplaces
Estimated NAV, stale prices, why market price is not NAV, selling and buying Wizards, royalties, and Wizard history.
- 08
Risks and Disclosures
Smart-contract, market, activity, execution, integration, authority, marketplace, and timing risks, stated plainly.
- 09
Internet Wizards FAQ
Short answers to common questions about conjuring, rewards, spells, selling, dispelling, art, and trust.
- 10
Glossary
Every term used in the guide and the app, with fixed rules, proposed defaults, and estimates labeled.
How to read the labels#
| Label | Meaning |
|---|---|
| Fixed | A rule of the protocol or a launch fact: 6 decimals, 1,000,000,000 supply, 100,000 MIFI per Wizard, one share per active Wizard, Meteora DBC then DAMM v2, 3% LP fee. |
| Proposed default | A launch setting the team intends to use, adjustable within on-chain bounds: 0.05 SOL conjure fee split 80% Mana / 20% protocol, 0 SOL dispel fee, 5% advisory royalty to Mana, execution at 10 SOL aggregate or on a periodic scan. |
| Estimate | Any USD or NAV figure. Built from reference prices at a shown timestamp; not a quote and not a guaranteed sale price. |
| Receipt-time entitlement | Revenue is shared among the Wizards active when the protocol actually receives it, not when a trade happened on the venue. |
| PROTOTYPE | Placeholder art drawn to prove the rendering system, to be replaced by an artist-approved catalog before mainnet. |
Not affiliated#
Magic Internet Finance is a new project inspired by the internet wizard aesthetic. It is not affiliated with any prior "Magic Internet Money" project, any Bitcoin organization, or any exchange. The Orange Spell holds the configured tokenized BTC asset (shown in the app with its issuer, mint, and decimals), not native bitcoin.