Re: MAXX Finance - Most reliable Staking Dapp is coming soon
MAXX Finance Staking Explained
The MAXX Staking Ecosystem is specifically designed to benefit the end user of the staking class. We estimate that only about 5–10% of the ecosystem will be part of this ‘staking’ class. This means if you become part of the 5–10% of users staking you will reap the rewards from the whole 100% supply inflation. Being part of this ecosystem will allow you to earn rewards from our whole blockchain project. There will be a few things you will have to know prior to staking.
Here are the simple steps you need to take to get into the staking ecosystem!
1 — You will want to join the liquidity amplifier & free claim airdrop to mint your own MAXX way before the project launched on a DEX. The benefit of being early is the fact that you will have the ability to choose what day and how much you want to sacrifice to become a MAXX holder.
2 — Once the staking contracts are rolled out you will have the ability to use your $MAXX tokens to send to a contract based on the parameters you set. Don’t forget no one ever holds on to your tokens and you are the one who chooses how much & how long you want to stake for. Once you set the time and length of the stake you will earn daily interest until the stake matures.
Supply & Demand
The staking class receives rewards in the form of $MAXX tokens by staking, this gives the MAXX ecosystem the ability to fule the ‘utility’ and ‘revenue’ stream back into the MAXX Vault. By creating a MAXX stake you will be able to lock in and remove the supply from circulation thus sending the price pressure to the upside. Less supply = More Demand!
Easy To Use Web3 Dashboard
MAXX team has developed a unique one-of-a-kind web3 dApp system where you can do all in one from joining the liquidity amplifier — to swapping tokens — to creating stakes or even using the many other cool features we have and plan on having on the website. Below is an interface preview of the unreleased dashboard. This is where you will spend most of your time interacting with the ‘MAXX Ecosystem’.
Gamified Ecosystem To Reward Users
NFT & Bonuses
The MAXX team has added tons of fun perks & features into the protocol to encourage users to try the $MAXX ecosystem absolutely free with the ‘Freeclaim Airdrop’. To having awesome bonuses & rewards through the Genesis NFT & MAXXBoost.
There is also gamified features in the staking contract which will encourage users to stake for longer & bigger as well as penalties to make the protocol self sufficient.
Longer Pays Better & Bigger Pays Better Bonus
The longer & bigger the stake the more rewards you receive so when creating a stake pay attention to how long and how much you stake to receive the MAXX rewards!
Early Withdrawl
If a user decides to withdraw their stake early, they will be penalized an amount of their principal+interest earned so far.
The penalty amount is proportionate to the time remaining / original duration of the stake.
For example, if the stake is 100 days long, but the user has only served 80 days and unstakes early with 20 days remaining, they will lose 20% of their Principal+Interest.
Late Withdrawal
Once a stake reaches maturity, the user has a 14-day grace period to withdraw their stake without any penalty. If for some reason, they do not withdraw it until a later date, they will be penalized depending on how late it is withdrawn.
The penalties start on day 15 after maturity, at a rate of 100/365 (0.273972602739726)% per day.
Stake Transfer
MAXX has innovated a system that will allow users to avoid early-end staking penalties by transferring the stake. We will be rolling out a timeline for a marketplace very shortly but the stakes will be available to transfer from the start of the launch. Transferring a stake is a very powerful tool and can create a whole new ecosystem for our users who will want to trade the stakes.
These are just to name a few of the most innovative staking systems which will blow the competition out of the ecosystem! Join our whitelist and telegram group today to be a part of our project.
The MAXX Staking Ecosystem is specifically designed to benefit the end user of the staking class. We estimate that only about 5–10% of the ecosystem will be part of this ‘staking’ class. This means if you become part of the 5–10% of users staking you will reap the rewards from the whole 100% supply inflation. Being part of this ecosystem will allow you to earn rewards from our whole blockchain project. There will be a few things you will have to know prior to staking.
Here are the simple steps you need to take to get into the staking ecosystem!
1 — You will want to join the liquidity amplifier & free claim airdrop to mint your own MAXX way before the project launched on a DEX. The benefit of being early is the fact that you will have the ability to choose what day and how much you want to sacrifice to become a MAXX holder.
2 — Once the staking contracts are rolled out you will have the ability to use your $MAXX tokens to send to a contract based on the parameters you set. Don’t forget no one ever holds on to your tokens and you are the one who chooses how much & how long you want to stake for. Once you set the time and length of the stake you will earn daily interest until the stake matures.
Supply & Demand
The staking class receives rewards in the form of $MAXX tokens by staking, this gives the MAXX ecosystem the ability to fule the ‘utility’ and ‘revenue’ stream back into the MAXX Vault. By creating a MAXX stake you will be able to lock in and remove the supply from circulation thus sending the price pressure to the upside. Less supply = More Demand!
Easy To Use Web3 Dashboard
MAXX team has developed a unique one-of-a-kind web3 dApp system where you can do all in one from joining the liquidity amplifier — to swapping tokens — to creating stakes or even using the many other cool features we have and plan on having on the website. Below is an interface preview of the unreleased dashboard. This is where you will spend most of your time interacting with the ‘MAXX Ecosystem’.
Gamified Ecosystem To Reward Users
NFT & Bonuses
The MAXX team has added tons of fun perks & features into the protocol to encourage users to try the $MAXX ecosystem absolutely free with the ‘Freeclaim Airdrop’. To having awesome bonuses & rewards through the Genesis NFT & MAXXBoost.
There is also gamified features in the staking contract which will encourage users to stake for longer & bigger as well as penalties to make the protocol self sufficient.
Longer Pays Better & Bigger Pays Better Bonus
The longer & bigger the stake the more rewards you receive so when creating a stake pay attention to how long and how much you stake to receive the MAXX rewards!
Early Withdrawl
If a user decides to withdraw their stake early, they will be penalized an amount of their principal+interest earned so far.
The penalty amount is proportionate to the time remaining / original duration of the stake.
For example, if the stake is 100 days long, but the user has only served 80 days and unstakes early with 20 days remaining, they will lose 20% of their Principal+Interest.
Late Withdrawal
Once a stake reaches maturity, the user has a 14-day grace period to withdraw their stake without any penalty. If for some reason, they do not withdraw it until a later date, they will be penalized depending on how late it is withdrawn.
The penalties start on day 15 after maturity, at a rate of 100/365 (0.273972602739726)% per day.
Stake Transfer
MAXX has innovated a system that will allow users to avoid early-end staking penalties by transferring the stake. We will be rolling out a timeline for a marketplace very shortly but the stakes will be available to transfer from the start of the launch. Transferring a stake is a very powerful tool and can create a whole new ecosystem for our users who will want to trade the stakes.
These are just to name a few of the most innovative staking systems which will blow the competition out of the ecosystem! Join our whitelist and telegram group today to be a part of our project.