We've also implemented a Global Daily Sell Limit, initially set at 1 billion MAXX tokens. This limit ensures that within any 24-hour period, the total tokens sold do not exceed 1 billion, safeguarding against drastic price drops.
Both Whale Limit and Global Daily Sell Limit have hard-coded minimums in the contract, ensuring the limits cannot be reduced to excessively low levels that would restrict selling. The minimum for the Global Daily Sell Limit is 1 billion, and for the Whale Limit, it's 100 million. These limits can be adjusted upwards through the community DAO, but never below these set minimums, ensuring a balance between flexibility and market protection.
These measures are crucial in maintaining a stable trading environment and protecting the interests of all MAXX Finance stakeholders.