Magic Internet Bank
Hold the bag. The bank casts its spell every cycle — 25% burns the supply, 75% rains SOL back to the holders.
A spell, in three chapters
Magic internet money created a new era. Now the Magic Internet Bank opens its doors — where holders just hold, and SOL prints back into the wallet while they do nothing.
We are not a bank. We're a smart contract pretending to be one. Open 24/7. No tellers (well, one AI teller). No overdraft fees. No quarterly earnings obfuscation. The vault is public, the ledger is public, the fire is public.
Every trade on the curve drops SOL into the vault. The contract buys $MIBoff the open market and sets it on fire. The leftover SOL rains down on every wallet that holds the bag. The bank works while you sleep. Supply shrinks while you eat. The line only goes one way. That's the trick. You can audit it on-chain. You probably won't. The trick still works.
Every burn, in public
Numbers refresh from chain every 15 seconds. No back-office, no quarterly earnings, no asterisks. If a token got burnt, it shows up here.
How the magic happens on-chain
No black box. Every step lives on Solana mainnet, visible on Solscan, auditable by anyone. Here's the full trace, from trader signing a swap to SOL landing back in your wallet.
bonding_curve.trade(SOL ↔ $MIB)address: 8UKa…CKEwf2
receives SOL creator fees → accumulates until claimedPOST /burner/api Authorization: Bearer ***
balance = connection.getBalance(bot.publicKey)
processable = balance − 0.05 SOL // gas reserveamount × { burn: 0.25, airdrop: 0.75 }- 01
jupiter.quote(SOL → $MIB, slippageBps=300) - 02
jupiter.swap() · bot signs · submits - 03
spl_token.burn(mibAta, mint, amount)
- 01
connection.getProgramAccounts(SPL_TOKEN) - 02
filter balance ≥ 420,000 · exclude curve+bot - 03
weight = balance × tierMultiplier(balance) - 04
system_program.transfer() × N // batched 15/tx
Bigger bag · bigger bonus
Every SOL airdrop is weighted by rank, not raw balance. The bigger your bag, the higher your title, the bigger the multiplier on every token. Wizards earn +200% over baseline. The math compounds. The whales eat first.
Bonus stacks on top of the baseline pro-rata share. A Wizard wallet gets 3× the SOL of a Pleb wallet holding the exact same number of tokens. Below 420k $MIB you get nothing — even the Plebs had to pass the gate.