Maxx Finance Docs
  • The Basics
    • Welcome to Maxx Finance
    • MAXX Finance 2.0: The Community Network Phase
    • Road Map Schedule
    • How does MAXX Work?
    • How can I get MAXX?
    • How Can I Earn With MAXX?
    • Contact
  • Features
    • 🪙MAXX Token
      • Token Contract Address
      • Supply and Distribution
      • Sacrifice Phase
      • Inflation and Deflation
      • Trade Taxes
      • Token Limits
      • Supply & Demand
      • Referral Systems: Complete
    • 🆓Free Claim: Complete
      • Speed Penalty
      • Referral System: Complete
    • 💰Liquidity Amplifier: Complete
      • How did it work?
      • Referral System
    • 📆Staking MAXX
      • How Staking Works
      • Share Factor
      • Longer Pays Better
      • Bigger Pays Better
      • Staking Penalties
      • Stake Transfer
      • Stake Naming
      • Stake Formulas and Math
    • 🔒MAXX Vault
      • What is a DAO?
    • 🛡️Security
      • Multisig
    • ⛓️Decentralized
    • 🌿Eco-Friendly
  • Utility
    • 🟪Functional Utility NFTs
      • MAXX Genesis
      • MAXX Boost
      • MAXX OG
    • 🔥Token Burning
    • 🎯Utility
  • Roadmap
    • 🛣️Roadmap
    • ✔️Checklist
  • Community Driven
    • ⚓Community Values
    • ⚜️Join Our Team
      • Telegram Marketing Channel
      • Telegram Community Channel
  • Guide
    • 📍Tutorials
      • How to Install MetaMask
      • How to add Polygon
      • How to Get MAXX
    • ⁉️FAQ
  • 🔗Links
    • 🌐Website
    • 🦎CoinGecko
    • 🪙CoinMarketCap
    • 💎Brand ID Assets
    • 📡MAXX Finance dApp
    • Official Links
    • Telegram
    • Twitter
    • Medium
    • Discord
    • Reddit
    • Youtube
  • Legal
    • Terms & Conditions
    • Privacy Policy
    • Disclaimer
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  1. Features
  2. Free Claim: Complete

Speed Penalty

Make sure to claim your FreeClaim early!

Speed Penalty for FreeClaim in MAXX Finance

In MAXX Finance, it's crucial to claim your FreeClaim promptly to maximize benefits. There's a penalty for late claims, reducing the amount you can claim each day after the launch. The FreeClaim event spans 365 days, with a daily penalty of 0.274% (100/365) starting from day 2.

Examples:

  • Claiming 200,000 MAXX from $1,000 of ETH allocation:

    • Day 1: Full 200,000 MAXX available.

    • Day 11: 2.739% penalty, 194,520 MAXX claimable.

    • Day 101: 27.397% penalty, 145,205 MAXX claimable.

    • Day 365: 99.726% penalty, only 19.8 MAXX claimable.

The FreeClaim event concludes on Day 366 or when the reserved amount is fully claimed, whichever comes first. Check your freeclaim airdrop here!

Last updated 1 year ago

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