does the character level add to magic finding?

I've heard mixed responses so far.

no one knows exactly
like no one knows exactly if magic luck helps getting better stats on muting

but your level doesn't affect the magic luck for sure
but you can have more magicluck on a higher lvl item

this+

being a higher level allows for higher level drops.
which means better finds.(just not necessarily higher magic prefixes)

i muted a 133EE lvl 20 lightning charm,and a 125EE lvl 25 heal,and a 43 str charm all with a lvl 0 char. that might help ya out a bit

lvl64+ character could find lvl55 items as the 2nd drop in well bettles even when you threw a tier1 item in.
so i prefer 64~71+ as a well mfer.