# Welcome to Maxx Finance Building Together, Growing Together: MAXX Finance Community [**$MAXX Token is now live on QuickSwap**](https://app.maxx.finance/buy-maxx) **- Click here to open the Dashboard!!** ## What is MAXX Finance? MAXX Finance transforms the traditional concept of 'time deposits/certificate of deposits' on the blockchain as a completely fair and transparent DeFi protocol. We stand for trust, transparency, and sustainability of decentralized finance. \ \ The **MAXX** ecosystem is simple, tokenized, and gamified to incentivize user participation in staking. Additionally, we implement revenue-generating mechanisms, including trade taxes and penalties, ensuring a deflationary nature for MAXX. Our platform empowers participants to earn a secure and lucrative interest rate through staking $MAXX tokens. Staking rewards are dynamic, and influenced by factors like stake amount, duration, and bonus selections, offering potential returns ranging from 18% to 80% Annual Percentage Yield (APY). Once a stake is initiated, its APY remains fixed, guaranteeing consistent returns—a unique feature compared to most projects. Staked tokens are secured as shares, with share rates appreciating over time. MAXX encourages users to opt for extended lock-up periods and larger stakes to maximize their rewards and financial benefits. While several similar projects exist, it's crucial to note that many have encountered various issues, such as vulnerabilities in smart contract code, problematic launches, uneven initial distribution, and struggles with liquidity, often leading to instant dominance by a single large holder. Over the past two years, we've dedicated ourselves to studying these tokens and learning from their shortcomings. Our expert team has successfully addressed and eliminated these flaws, culminating in the development of a genuinely distinctive and secure platform. We are now poised to introduce a project that sets new standards in the blockchain space. MAXX successfully launched the Polygon Network & started trading **February 2, 2023** , currently at the time of writing this update we have over **1500 active users** and thousands of transactions, including **4,400 active stakes** earning daily rewards. Our community continues to grow, and we're excited to unveil [**MAXX Finance 2.0 - 'The Social Network.' in Q4 2023**](https://docs.maxx.finance/the-basics/maxx-finance-2.0-the-community-network-phase) Looking ahead, our project is set to expand beyond Polygon, with the $MAXX token seamlessly interacting with smart contracts on other networks. Furthermore, our ambitious vision includes future expansions to both Layer 1 and Layer 2 networks. Our primary objective is to infuse innovation into our staking contract, enhancing its efficiency and providing users with an improved staking experience. We are a 100% community-owned and driven project. \ \ \ **Important note - MAXX is NOT a Fork of any other project, it is built from the ground up with completely fresh code.** {% embed url="" %} ### **FAQ** **Is MAXX Finance a legitimate platform, or is it a scam?** MAXX Finance is a legitimate DeFi protocol, built from scratch with a focus on security, transparency, and community-driven development. It is not a scam; the platform has implemented robust mechanisms to ensure fair and transparent operations​​. **How does MAXX Finance ensure transparency and trust among users?** MAXX Finance is committed to trust and transparency. It employs clear, fair practices in staking and rewards distribution and has addressed common issues found in other projects to build a secure and trustworthy platform​​.\ \ **Does MAXX Finance have any utility?** The utility of MAXX Finance revolves around its transformation of traditional time deposits or certificates of deposit onto the blockchain. Key utilities include: 1. **Staking Platform:** Users can stake $MAXX tokens to earn interest, with dynamic rewards influenced by stake amount, duration, and bonus selections. 2. **Revenue Generation:** The platform implements mechanisms like trade taxes and penalties, contributing to its deflationary nature. 3. **Community-Driven Ecosystem:** MAXX Finance is designed to be community-owned and driven, emphasizing user participation in its growth and decision-making processes. 4. **Security and Transparency:** Focused on trust and sustainability, MAXX Finance offers a secure and transparent DeFi protocol environment​​.
In summary, MAXX Finance represents more than just a DeFi platform; it's a community-driven endeavor, striving for innovation and growth in the decentralized finance space. With its focus on transforming traditional financial instruments like time deposits into a blockchain-based, transparent, and sustainable system, MAXX Finance is built on trust and transparency. The platform offers lucrative staking opportunities with dynamic rewards, encouraging long-term participation. As a project built from the ground up, distinct from other initiatives, MAXX Finance has already achieved significant milestones, including a successful launch on the Polygon Network. Looking forward, the team is dedicated to expanding its reach, enhancing staking experiences, and unveiling MAXX Finance 2.0. Emphasizing community ownership and driven by collective effort, MAXX Finance is at an early stage of what promises to be a transformative journey in the DeFi sector​​. # MAXX Finance 2.0: The Community Network Phase Building Together, Growing Together: MAXX Finance Community [**$MAXX Token is now live on QuickSwap**](https://app.maxx.finance/buy-maxx) **- Click here to open the Dashboard!!**
## The Vision Behind The MAXX Finance Community Network **MAXX Finance 2.0**: The Community Network represents more than just a platform; it embodies a vision. At its essence, this groundbreaking phase is founded on the profound belief that a vibrant and engaged community should hold a central role in shaping the destiny of the MAXX Finance project. The community's ability to steer this project empowers MAXX to evolve into a more decentralized and formidable force. With Phase 1.0 completed and the framework laid out, it is imperative for us to add this next layer to ensure the success of MAXX. ### Community Ownership The concept of community ownership lies at the heart of **MAXX Finance 2.0**. We understand that a truly decentralized and robust ecosystem can only be built when the community has a significant stake in its success. While our journey began with a distribution of tokens, including those designated for the team, we recognize the importance of transitioning towards full community ownership. ### Token Distribution and Ownership A **Transition** Towards Community Ownership MAXX Finance has **always valued transparency** and **community participation**. Our journey began with MAXX Finance 1.0, where various stages of token distribution took place. In MAXX Finance 1.0, tokens designated for Prelaunch liquidity, initial liquidity, freeclaim, and competition rewards are highlighted in green on our [Token Supply and Distribution](https://docs.maxx.finance/features/maxx-token/supply-and-distribution) page. These early stages were instrumental in establishing our community and the project's foundations.\ \ For a detailed overview of the token distribution, you can refer to our [Token Supply and Distribution](https://docs.maxx.finance/features/maxx-token/supply-and-distribution) page. This distribution outlines how tokens are allocated among various stakeholders, including team members and community participants.
MAXX
Total Supply100,000,000,000This will inflate with interest and deflate with token burns
Pre-launch Amplifier - 25%25,000,000,000Loaded into contract
Initial Liquidity - 20%20,000,000,000Loaded into DEX
Reserve Liquidity - 38%38,000,000,000Locked in a GnosisSafe
FreeClaim + Airdrop- 5%5,000,000,000Loaded into contract
Competition Rewards - 2%2,000,000,000Locked in a GnosisSafe
Marketing - 5%5,000,000,000Locked in a GnosisSafe
Team Salaries - 5%5,000,000,000Locked in a GnosisSafe
### Marketing & Team Salaries Since the initial deployment of the project, we have maintained the entirety of the Marketing and team supply untouched. This supply consists of 10 billion tokens initially allocated for marketing and team salaries. However, in line with our evolving commitment to community empowerment, these tokens will assume a central role in MAXX Finance 2.0: The Social Network. Instead of exclusively serving traditional marketing or team compensation purposes, these tokens will be repurposed to incentivize and reward users who actively engage and contribute to the project's growth. ### Reserved Liquidity For Community Decisions A significant portion of the token supply, 38% or 38 billion tokens, is reserved liquidity. These tokens are locked, and their future use will be decided by the community. We believe in giving the community the authority to determine how these reserved tokens can best serve the project and its growth. Here are five popular suggestions for utilizing reserved liquidity that our community has discussed. 1. **Centralized Exchange Listing**: Allocate a portion of the reserved liquidity to facilitate MAXX token listings on popular centralized cryptocurrency exchanges. This can increase accessibility and liquidity, attracting a broader range of users and investors. 2. **Liquidity Pools**: Create liquidity pools on decentralized exchanges (DEXs) like Uniswap or SushiSwap. This can enhance MAXX's presence in the DeFi ecosystem and provide opportunities for users to trade and stake their tokens. 3. **Community Development Fund**: Establish a fund dedicated to supporting community-driven projects, initiatives, and partnerships that align with the MAXX Finance vision. This fund can empower the community to take ownership of the project's growth. 4. **Lending and Borrowing**: Explore opportunities in the DeFi lending and borrowing space by providing liquidity for lending platforms. This can generate interest income for the project while expanding its presence in the broader DeFi ecosystem. 5. **Strategic Acquisitions**: Consider using reserved liquidity for strategic acquisitions of complementary projects or technologies that can enhance MAXX Finance's offerings and capabilities.\ \ We will retain the flexibility to determine the allocation of reserved liquidity as our project progresses. We anticipate that the increasing value of MAXX tokens, coupled with the growth of the overall market, will empower us to wield a greater influence over these tokens. Consequently, allocating them at this early stage of the project may not align with our long-term strategy and be detrimental to the project. ### Empowering the Community As we step into MAXX Finance 2.0: The Community Network, we are committed to empowering the community further. We believe that for MAXX Finance to thrive, ownership should gradually transition into the hands of those who contribute and believe in the project's vision.
### Why the Transition? The transition towards community ownership is a strategic imperative. It fully aligns with our unwavering commitment to decentralization, ensuring that the project's success is the result of collective efforts. While the team played a pivotal role in establishing the foundation, we firmly believe that empowering the community to assume an active role will foster innovation and drive sustainable growth. In addition, our relentless focus on decentralization within the MAXX Finance Eco-System is aimed at building trust and transparency, eliminating the risk of any central vulnerabilities within the project. ### How The MAXX Finance Network Will Work The MAXX Finance Community Network is designed to foster active community engagement and participation by enabling members to contribute in various capacities. We will develop a Minimum Viable Product (MVP) where users can apply for or query available tasks and services. This MVP will include a user-friendly front-end dashboard that provides account access and a task query feature. Additionally, it will feature a comprehensive payment schedule, making the entire process user-friendly and accessible to everyone. **Here's how it will work:** 1. **Task Application**: Users will access the platform and browse through available tasks they can contribute to. 2. **Task Selection**: Users can select tasks that align with their skills and interests. Each task will come with a clear description and requirements. 3. **Task Completion**: Once a user completes a task, they will submit their work through the platform for review. 4. **Task Review and Payment**: The MAXX Finance blockchain & community moderators will review the completed task. If approved, the user will receive their MAXX token rewards based on a predefined schedule based on task. \ (EX. For a well-written article, an author receives 1,000,000 MAXX tokens initially, with the potential to earn additional tokens based on engagement, social sharing, and quality ratings, MAXX tokens can allow people to earn reoccuring revenue from a single blogpost or youtube video.) 5. **User Dashboard**: Users will have access to a personal dashboard where they can track their completed tasks, earnings, and available tasks. **Now, here are 10 ideas for different tasks that community members can engage in:** 1. **Article Writing**: Create informative articles or blog posts related to MAXX Finance and decentralized finance (DeFi) topics. 2. **Community Moderation**: Manage and moderate community chat rooms, ensuring a safe and respectful environment. 3. **Graphic Design**: Design visual content, such as banners, infographics, or promotional materials, to enhance the project's visibility. 4. **Smart Contract Development**: Contribute to the development and improvement of smart contracts powering the MAXX Finance ecosystem. 5. **Website Development**: Enhance the project's website and related platforms for improved user experience. 6. **Social Media Engagement**: Actively engage on social media platforms by sharing project updates, responding to inquiries, and growing the project's online presence. 7. **Video Content Creation**: Produce informative and engaging videos about MAXX Finance, tutorials, or project updates. 8. **Translation Services**: Translate project content, documents, or announcements to make them accessible to a wider global audience. 9. **Bug Reporting and Testing**: Help identify and report bugs or issues within the MAXX Finance platform and participate in testing new features. 10. **Educational Content Creation**: Develop educational materials, such as guides, tutorials, or explainer videos, to educate the community about MAXX Finance and DeFi." These tasks encompass a wide range of skills and expertise, ensuring that users with various backgrounds can actively contribute to the project's growth. There will be dozens of catagories and guides to help users. #### Rewards and Vesting Earning MAXX tokens through contributions is just the beginning. To promote long-term commitment and stability, earned tokens undergo a vesting period. This ensures that tokens are not sold off immediately, allowing community members to gradually gain ownership over time.
## Conclusion As we embark on the journey of MAXX Finance 2.0: The Community Network, we invite you to join us in shaping the future. Our vision extends beyond a platform; it's about empowering a vibrant community to drive innovation, decentralization, and trust within the MAXX Finance Eco-System. With the foundation laid in Phase 1.0 and a commitment to community ownership, we are entering a phase where your contributions matter more than ever. Together, we'll explore new horizons, reward your efforts, and unlock the true potential of MAXX Finance. Join us as we redefine decentralized finance, one step at a time. Be sure to stay connected with us on the telegram and discord to discuss moving into this next stage of building.\ \ This new phase is designed not only to foster greater community engagement but also to enhance the value and price of MAXX tokens. By encouraging active participation, content creation, and contributions from our community, we believe that the intrinsic value of MAXX tokens will naturally increase. As more users become involved in shaping our project's future, the heightened interest and utility of MAXX tokens will contribute to their upward trajectory. We see this as a win-win scenario, where community members are rewarded for their efforts, and the MAXX ecosystem benefits from their valuable contributions, ultimately promoting our project's success.\
**FAQs for MAXX Finance 2.0: The Community Network Phase** 1. **What is MAXX Finance 2.0: The Community Network?** It's a phase designed to foster active community engagement and participation in various capacities, empowering members to contribute to the project's growth​​. 2. **How can community members contribute to MAXX Finance 2.0?** Members can engage in tasks like article writing, community moderation, graphic design, smart contract development, website development, and more, with clear guidelines for each task​​. 3. **What rewards are offered for contributing to MAXX Finance 2.0?** Contributors receive MAXX token rewards for completed tasks, subject to a vesting period to promote long-term commitment and gradual ownership​​. 4. **How does MAXX Finance 2.0 enhance the project's value and price?** By encouraging active community participation and contribution, it is anticipated that the intrinsic value and price of MAXX tokens will naturally increase​​. 5. **Is there a system in place for task application and completion in MAXX Finance 2.0?** Yes, there will be a Minimum Viable Product (MVP) with a user-friendly dashboard for task application, selection, completion, and payment​​. ### Join Us in Shaping the Future MAXX Finance
# Road Map Schedule The roadmap is condensed into things we are currently working on. [**$MAXX Token is now live on QuickSwap**](https://app.maxx.finance/buy-maxx) **- Click here to open the Dashboard!!** ### Road Map * [x] **Whitelist / Genesis Reservations** * [x] **Testnet Complete - Contracts Deployed** * [x] **Freeclaim & Airdrop Release** * [x] **Amplifier Distribution Complete** * [x] **Liquidity Deployed** * [x] **NFT's Distributed** * [x] **Airdrop Distributed** * [ ] **MAXX Finance 2.0: The Community Network Phase** ### Whitelist / Genesis Reservations Our internal and public test net rounds have now been completed, and our contracts have been deployed! ### Testnet Process Complete We have successfully concluded our internal and public test net phases, marking a significant milestone with the deployment of our contracts. This accomplishment paves the way for our upcoming stages. * Our [Free Claim: Complete](/features/free-claim-complete) stage has now started. 5% of our supply (5,000,000,000 MAXX tokens) * We have deployed 3 Internal Testnet Stages & 6 Public Testnet Stages ### **Freeclaim & Airdrop Release** Our Freeclaim stage is now complete, offering 5% of our total supply (5 billion MAXX tokens) for free claim. This opportunity is available to millions of crypto enthusiasts on a first-come-first-served basis, with all freeclaimed amounts auto-staked for a year. Any unclaimed portion from this airdrop might be distributed to our stakeholders after this period. ### **Amplifier Complete** Our Liquidity Amplifier stage, a pivotal phase in our launch process, has now successfully concluded. During this period, which functioned akin to a presale entry into the gamified ecosystem, users had the opportunity to reserve their share of 25 billion MAXX tokens, representing 25% of our total supply while sacrificing or giving up their $MATIC token in exchange. This 40-day phase was instrumental in ensuring a fair and equitable launch, meticulously designed to prevent any single entity from acquiring a disproportionate share of the supply at an undervalued price. The completion of this stage marks a significant achievement in our journey towards a balanced and inclusive financial ecosystem.\ \ Our [Liquidity Amplifier: Complete](/features/liquidity-amplifier-complete) stage This is basically a presale, where users can reserve their share of 25,000,000,000 MAXX tokens over a period of 40 days. This equates to 25% of the supply. This allows us to launch in a fair manner, without allowing anyone to own an unfair amount of the supply for a low price. ### **Liquidity Deployment** Shortly after the conclusion of the Amplifier stage, and thorough testing, we successfully deployed liquidity to the [QuickSwap DEX](https://quickswap.exchange/#/swap?swapIndex=1\¤cy0=MATIC\¤cy1=0x6d9c0b104e5af90a6d11a13eb77288e533333301). This milestone marked the official launch of our token, making it live and available for trading and viewing on [DexTools](https://www.dextools.io/app/en/polygon/pair-explorer/0x4787b7f8da0188b0cfdf541e88326bbadbf047e0). Users were then able to withdraw their reservations from the Liquidity Amplifier and commenced creating their first stakes. This phase signified a crucial step in our journey, setting the stage for active participation and engagement within our ecosystem. ### **Genesis NFT Distributed** Our journey commences with the completion of the whitelist reservation for 5,000 exclusive Genesis NFTs. Holders of these NFTs are privileged with an additional 10% boost when creating a MAXX Stake. Discover more about the utility of these NFTs at our dedicated [MAXX Genesis NFT page](https://maxx.finance/features/utility-nfts/maxx-genesis). ### **Planning Of MAXX Community Network Phase 2.0** The planning for MAXX Finance 2.0: The Community Network Phase focuses on evolving into a more decentralized and powerful entity, with the community playing a pivotal role in steering the project. This phase symbolizes not just a platform enhancement but a broader vision, where community engagement and ownership are paramount. Key Aspects of MAXX Finance 2.0: 1. **Community-Driven Approach:** The essence of MAXX 2.0 lies in the belief that a vibrant community is essential for shaping the project's future​​. 2. **Transition to Community Ownership:** Recognizing the importance of decentralization, there's a shift towards full community ownership. This approach is built on the foundation laid by MAXX Finance 1.0, where the initial stages of token distribution were crucial in establishing the community and the project's base​​. 3. **Token Distribution and Liquidity:** The total token supply is 100 billion, which inflates with interest and deflates with token burns. A significant 43% of the tokens (43 billion) are reserved liquidity, locked and their usage will be determined by the community, underlining the shift towards community-driven decisions​​. 4. **Marketing and Team Salaries:** A total of 10 billion tokens, initially earmarked for marketing and team salaries, will now be repurposed to incentivize community engagement and contribution to the project's growth​​. The next stage of MAXX Finance is thus marked by a significant shift towards community empowerment and decentralized governance, reinforcing the role of the community in the platform's development and decision-making processes. ### Join our community We invite you to become an integral part of our growing community. Stay updated and engaged through our various channels: * [Linktree](https://linktr.ee/maxxfinance) * [Medium](https://maxxfinance.medium.com/) * [Telegram](https://t.me/MaxxFInance) * [Twitter](https://twitter.com/MaxxFinance) * [Discord](https://discord.gg/XeQg8jt4WS) * [Instagram](https://www.instagram.com/maxxfinance/) * [Facebook](https://facebook.com/MaxxFinanceOfficial) * [YouTube](https://www.youtube.com/c/MaxxFinance) * [Reddit](https://reddit.com/r/MaxxFinance) * [Newsletter Signup](https://maxx.finance/)\ \ Stay informed and be part of our journey as we launch and grow into the future of decentralized finance! # How does MAXX Work? A basic view of the intricate system that is MAXX Finance Welcome to the groundbreaking world of MAXX Finance, where the future of decentralized finance is being redefined! At its core, MAXX Finance is a transformative platform that empowers you to stake your $MAXX tokens and earn substantial yields through a meticulously designed smart contract. This system is engineered for exponential growth and value appreciation, with a key focus on participants who are ready to commit to extended staking durations or larger amounts, unlocking the highest Annual Percentage Yield (APY) potentials. But MAXX is more than just a staking platform; it's an entire ecosystem amplified with features like Genesis NFTs that boost your stakes, an extensive referral program, and airdrops reaching millions. The flexibility in staking (ranging from 7 to 3333 days), coupled with a seamless system for trading and transferring stakes, ensures constant liquidity and solvency for MAXX. Prioritizing user-centric access, MAXX Finance guarantees ease of use and security, allowing direct interactions between your blockchain wallet and its smart contract, bypassing the need for intermediaries found in traditional centralized exchanges. The platform's commitment to privacy and security is unwavering, evidenced by rigorous scrutiny by independent auditors and the community. Moreover, the gamified ecosystem of MAXX encourages deflationary dynamics, a testament to its innovative approach during its testnet phase. And with MAXX Finance 2.0: The Community Network Phase, the platform is taking a giant leap towards community-driven growth and decentralization. This new phase is all about empowering the community, where members can actively participate in various capacities, from content creation to smart contract development, earning MAXX tokens as rewards for their invaluable contributions. Embark on this journey with MAXX Finance, where your participation not only shapes the future of finance but also secures a rewarding place in this evolving ecosystem. MAXX Finance is more than a platform; it's a community-driven revolution in decentralized finance, and the journey is just beginning​​! **Unlocking the Power of MAXX** At its core, MAXX empowers you to stake your $MAXX tokens and earn yields through a meticulously designed smart contract. But let's dive deeper into how MAXX functions: **Value Appreciation** MAXX is engineered for value appreciation and exponential growth. The key to unlocking the highest Annual Percentage Yield (APY) lies in participants staking for extended durations or committing larger amounts. You can repeat this process once your staked period concludes, further boosting your yield. **Exposure Amplified** MAXX comes with a suite of features to amplify its exposure. From Genesis NFTs, which enhance your stakes, to our remarkable referral program, airdrops, and free claims reaching 70 million wallet addresses – we've left no stone unturned. **Flexible Staking** Stakes can be initiated for durations ranging from 7 to 3333 days. While they're meant to remain untouched until maturity, we understand that circumstances change. That's why we allow 'early unstaking,' albeit with associated penalties, which we'll explain later. **Trade and Transfer** We've created a seamless system that enables you to transfer active stakes to other users or list them for sale on popular platforms like OpenSea.io. This ensures constant liquidity and solvency for MAXX. The process is facilitated through ERC-721 Contracts or {NFTs}. Keep an eye out for MAXX's own marketplace, coming Q1-Q2 2023. **User-Centric Access** Accessing the MAXX platform is effortless via mobile and desktop browsers, using Web3.0 wallets such as Metamask or TrustWallet. You retain ownership of your private keys throughout. All interactions occur directly between your blockchain wallet and our smart contract, eliminating the need to physically move your tokens or seek permission, as you would on a centralized exchange. **Privacy and Security** Our users' privacy and security are paramount. To ensure this, our smart contracts undergo rigorous scrutiny by three independent parties: a private audit group, bug bounty program, and community review. **Gamified Ecosystem** MAXX's ecosystem incorporates a gamified system that encourages deflationary dynamics. The results during the testnet phase have been remarkable. **MAXX's Core Utility** At its essence, MAXX empowers users to safeguard both the token's value and the integrity of the protocol. This is achieved through active participation in staking and trading within our expanding ecosystem. We strongly promote community involvement in driving the project forward by contributing through various tasks and initiatives.\ \ **MAXX Ecosystem**
### **MAXX Finance 2.0: The Community Network Phase** In addition to the core features of MAXX Finance, we are excited to introduce MAXX Finance 2.0: The Community Network Phase. This innovative phase places a significant emphasis on community engagement and participation, further strengthening the MAXX ecosystem. In MAXX Finance 2.0, community members play an instrumental role in shaping the project's destiny. They are encouraged to actively contribute in various capacities, such as moderation, content creation, smart contract development, or website improvements. By doing so, users have the opportunity to earn MAXX tokens as rewards for their valuable contributions. The Community Network Phase is designed to empower our community and gradually transition towards community ownership. This aligns perfectly with our commitment to decentralization, ensuring that the project's success is driven by collective efforts rather than centralized control. The tasks and initiatives that community members can engage in are diverse and cater to a wide range of skills and expertise. Whether it's writing articles, moderating chat rooms, designing graphics, developing smart contracts, or assisting with website improvements, there are numerous ways to actively participate and contribute to the project's growth. MAXX Finance 2.0 encourages users to be an integral part of the project's success, and the rewards earned through these contributions undergo a vesting period to promote long-term commitment and stability. This ensures that the tokens are not sold off immediately, allowing community members to gradually gain ownership over time. We invite you to join us in shaping the future of MAXX Finance as we embark on this exciting phase of community empowerment and collaboration. Together, we can continue to strengthen and expand the MAXX ecosystem for the benefit of all participants. \
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# How can I get MAXX? ### **How to Acquire MAXX Tokens from the** [**Open Market DEX**](https://quickswap.exchange/#/swap?swapIndex=1\¤cy0=MATIC\¤cy1=0x6d9c0b104e5af90a6d11a13eb77288e533333301) [**Purchasing MAXX on QuickSwap DEX**](https://quickswap.exchange/#/swap?swapIndex=1\¤cy0=MATIC\¤cy1=0x6d9c0b104e5af90a6d11a13eb77288e533333301)**:** Liquidity for MAXX tokens has been successfully deployed on QuickSwap DEX. You can now actively purchase and trade MAXX on QuickSwap. To accommodate the 2% Buy tax implemented on our platform, it's essential to adjust the slippage setting to 3% for your trades to proceed smoothly.\
Get started with trading **MAXX** by visiting QuickSwap: [Trade $MAXX on QuickSwap](https://quickswap.exchange/#/swap?swapIndex=1\¤cy0=MATIC\¤cy1=0x6d9c0b104e5af90a6d11a13eb77288e533333301)\ \ Beware of unauthorized trading and fraudulent actors claiming to sell MAXX tokens. To ensure the security of your investment: * **Trade Only on Official Platforms:** Only purchase MAXX tokens through official channels like the QuickSwap DEX. Avoid trading with individuals or unverified entities. * **Beware of Fake Contracts:** Be vigilant against counterfeit smart contracts. Always verify contract addresses from official MAXX Finance sources. * **Report Suspicious Activity:** If you encounter potential scams or fraudulent offers, please report them to our team for investigation. Stay safe and informed to protect your assets in the crypto space. The only place the contract links could be followed to avoid issues is the [www.maxx.finance](http://www.maxx.finance) website. ### **Monitor MAXX Finance On** [**DEXTools.io** ](https://www.dextools.io/app/en/polygon/pair-explorer/0x4787b7f8da0188b0cfdf541e88326bbadbf047e0) [Dextools.io](https://www.dextools.io/app/en/polygon/pair-explorer/0x4787b7f8da0188b0cfdf541e88326bbadbf047e0) offers a real-time, comprehensive view of the token's performance. [Dextools.io](https://www.dextools.io/app/en/polygon/pair-explorer/0x4787b7f8da0188b0cfdf541e88326bbadbf047e0) is a powerful platform that provides in-depth insights into decentralized markets. By using [Dextools](https://www.dextools.io/app/en/polygon/pair-explorer/0x4787b7f8da0188b0cfdf541e88326bbadbf047e0), investors and traders can track the price movements, trading volumes, and liquidity of MAXX Finance on various decentralized exchanges. The interface allows for detailed chart analysis, enabling users to make informed decisions based on current market trends. Additionally, Dextools offers features like pair explorer, which lets users view the trading pairs associated with MAXX Finance, and pool explorer, for insights into liquidity pools. This makes Dextools.io an essential tool for anyone looking to stay up-to-date with the latest developments and market dynamics of MAXX Finance.\ \ **FAQ: How Can I Get MAXX?** 1. **How do I purchase MAXX tokens?** MAXX tokens can be bought on the [QuickSwap DEX.](https://quickswap.exchange/#/swap?swapIndex=1\¤cy0=MATIC\¤cy1=0x6d9c0b104e5af90a6d11a13eb77288e533333301) Ensure to adjust the slippage setting to 3% to accommodate the 2% Buy tax​​. 2. **Where should I buy MAXX tokens to avoid scams?** Always buy MAXX tokens through official channels like [QuickSwap DEX](https://quickswap.exchange/#/swap?swapIndex=1\¤cy0=MATIC\¤cy1=0x6d9c0b104e5af90a6d11a13eb77288e533333301). Avoid transactions with individuals or unverified entities to prevent scams​​. 3. **How do I ensure I'm not dealing with fake contracts?** Be vigilant against counterfeit smart contracts. Always verify contract addresses from the official MAXX Finance sources​​. 4. **What should I do if I encounter a scam?** Report any suspicious activity or fraudulent offers to the MAXX team for investigation​​. 5. **Is there any other official platform to purchase MAXX tokens?** Currently, QuickSwap DEX is the recommended platform. Follow MAXX Finance's official website for any updates on other official platforms​​. # How Can I Earn With MAXX? Maximizing Your Earnings with MAXX: A Guide to Staking and Rewards ### MAXX Finance 2.0: The Community Network Phase In the MAXX Finance 2.0 Community Network Phase, users have multiple avenues to earn MAXX tokens: * **Active Participation Rewards**: Contribute to discussions, content creation, and problem-solving within the community to earn rewards. * **Referral Program**: Leverage personal networks to refer new users and earn bonuses. * **Community Engagement Initiatives**: Participate in community polls, surveys, and feedback sessions. * **Content Creation and Sharing**: Generate and share valuable content to earn tokens. * **Staking Rewards**: Stake MAXX tokens to earn competitive APY returns. * **Smart Contract Contributions**: Get involved in developing and improving smart contracts. * **$EARN MAXX Objectives**: Complete specific tasks and objectives set by the community to earn tokens. * **Collaborative Projects**: Collaborate on projects and initiatives that drive the ecosystem forward. * **Bug Bounty Programs**: Participate in identifying and reporting security vulnerabilities in the MAXX ecosystem. * **Community Moderation**: Act as a community moderator or facilitator in forums, chats, or social media. * **Development Competitions**: Engage in development challenges to create new features or applications for MAXX Finance. * **Educational Contributions**: Create tutorials, guides, or educational content related to MAXX Finance. * **Community Events**: Organize or participate in community-driven events or meetups. * **Creative Contests**: Participate in or organize art, writing, or multimedia contests related to MAXX Finance. * **Feedback and Survey Participation**: Contribute valuable feedback through structured surveys or feedback channels. * **Ambassador Program**: Represent MAXX Finance in various capacities as an official ambassador. * **Governance Participation**: Actively participate in governance decisions and DAO voting. * **Translation and Localization**: Assist in translating MAXX Finance materials for global reach. The possiblities are endless, reach out to someone in our community to find out more on how you can be a part of MAXX & earn $MAXX Tokens in return! By engaging actively in these aspects, community members not only earn rewards but also play a crucial role in shaping the future of MAXX Finance. ### MAXX Finance How To Earn MAXX Discover the potential of earning with MAXX tokens through this comprehensive guide. Learn about the various ways to accumulate rewards, from straightforward holding to strategic staking. Delve into the sliding scale of APY rates offered and how Functional Utility NFTs can boost your earnings. This page provides hypothetical scenarios to illustrate possible returns, emphasizing responsible investment and risk awareness. Whether you're a seasoned investor or new to crypto staking, this guide equips you with the essential knowledge to navigate the earning opportunities within the MAXX Finance ecosystem.\ \ **Understanding Your Earnings with MAXX** While the future value of MAXX tokens is speculative, what we can assure are the payouts in $MAXX you earn. MAXX enables earnings primarily through Holding or Staking for high Annual Percentage Yield (APY) rates. Additionally, users have the opportunity to earn $MAXX tokens for free via our referral system. **Staking Rewards: A Sliding Scale of APY** Our platform offers a varied APY, ranging from 18% to 80%, which can peak at 88% with[ **Functional Utility NFTs** ](https://docs.maxx.finance/utility/functional-utility-nfts)for stakes lasting 3333 days (over 9 years). **Hypothetical Earnings Scenarios** * **1-Year Stake:** With a stake of 1,000,000 MAXX tokens bought at $0.0001 (total $100), a 24.26% APY yields 242,637 MAXX. At the same token price after a year, your holdings would be worth $124.26. If the price rises to $0.01, the value becomes $12,426.37. * **2-Year Stake:** A 30.27% APY yields 605,359 MAXX. At a constant price, your holdings would be $160.63; at $0.01 per token, it's $16,063.59. * **9.1-Year Stake (3333 days):** At a 73.09% APY, you earn 7,673,967 MAXX, making your holdings worth $867.39 at $0.0001/token, or $86,739.67 at $0.01/token. **Invest Responsibly** It's crucial to understand that MAXX Finance is a pioneering project with no intrinsic value, and investing should be done without expectations of profits. As an experimental platform, we advise investing cautiously and at your own risk. For more information, Please refer to our [terms & conditions](https://maxx.finance/terms-and-conditions), [Privacy policy](https://maxx.finance/privacy-policy), and [Disclaimer](https://maxx.finance/disclaimer).
## FAQ: 1. **How does holding MAXX benefit me in the long term?** Holding MAXX is designed for long-term benefit, emphasizing community-driven growth and project promotion. Longer stakes particularly those up to 9.1 years, are encouraged to maximize rewards and foster a strong, committed community. 2. **Can market volatility affect my earnings with MAXX?** Market volatility can impact the value of your earnings as the price of MAXX tokens may fluctuate. However, the APY rates for staking are predetermined, offering some level of predictability in your direct staking rewards. 3. **What measures are in place to protect against liquidity issues or large holders ('whales') dominating the market?** MAXX implements strategies to mitigate liquidity issues and prevent market manipulation by whales. These include a balanced distribution of tokens and mechanisms to discourage short-term trading in favor of long-term holding. 4. **How does creating content or contributing to the project benefit me as a MAXX holder?** By actively participating in content creation, contract development, and other community-driven initiatives, holders can contribute to the project's visibility and success, potentially enhancing the value of their holdings over time. 5. **Is there a risk of losing my investment in MAXX due to market changes?** As with any investment, especially in the crypto market, there is always a risk. We advise our community to invest wisely and consider the long-term vision of the project. MAXX is designed as a holder-oriented ecosystem, where the collective efforts and commitment of the community play a significant role in its success.
# Contact Frequently Asked Questions If you would like to contact us or have a question you would like to ask, please fill out the form below. We will make sure to get back to you within 2-3 days. Alternatively, please join our [Telegram Group ](https://telegram.me/MaxxFinance)& Discord and ask our team directly! {% embed url="" %} If you area unable to submit this form please reach out to # MAXX Token Revolutionizing Decentralized Finance Through Community & Blockchain At MAXX Finance, our ambition goes beyond simply introducing a new digital asset; we are in the process of transforming the decentralized finance landscape. Our goal is to establish an enduring presence in this vibrant and ever-evolving sector, deliberately distancing ourselves from the fleeting and often short-lived trends common in the cryptocurrency world. Central to our vision is our strategically designed tokenomics, placing a strong emphasis on decentralization and community engagement. These core principles are not just ideals but are embedded in our framework, ensuring the long-term sustainability and expansion of our project. **Token Fundamentals** The cornerstone of our initiative is the MAXX Token, denoted as $MAXX, which has successfully launched on the robust [Polygon blockchain](https://polygon.technology/). This strategic decision was made to guarantee scalability and widespread accessibility. $MAXX is now actively tradable, offering users the convenience of our custom-designed trading portal as well as the popular [Quickswap DEX](https://quickswap.exchange/#/swap?swapIndex=1\¤cy0=MATIC\¤cy1=0x6d9c0b104e5af90a6d11a13eb77288e533333301). This dual-platform availability significantly enhances the token's reach and liquidity, positioning it favorably in the market. **$MAXX** is crafted as an ERC20 token, adhering to the high standards of the OpenZeppelin framework. This ensures a stable and secure foundation for our token. But we've gone a step further by integrating [ERC-721 (NFT)](https://docs.maxx.finance/utility/functional-utility-nfts) Contracts for stakes. These stakes are not just transferable but can also be listed on premier platforms like [OpenSea.io](https://docs.maxx.finance/features/www.OpenSea.io), offering our users the flexibility to trade and monetize their stakes. **Security and Trust** Security is paramount in our ecosystem. To this end, our contracts are managed through multi-signature Gnosis Safes. This advanced security measure ensures that no single entity can unilaterally alter the contract. Any change requires a minimum of **three out of five signatures** from our trusted developer team, maintaining a high level of integrity and security. We are committed to transparency and trustworthiness. Our contract has been rigorously audited by [SolidProof.io,](https://github.com/solidproof/projects/tree/main/MAXX%20Finance) and we're in the process of engaging other top-tier auditing firms like Solidity Finance and Certik. These audits are a testament to our commitment to security and reliability.\ \ At the current juncture, the pursuit of audits with Solidity Finance and Certik has not been our primary focus. This is due to the fact that we have yet to reach a consensus within our community. We believe in making decisions that reflect the collective voice and priorities of our community members, and as such, we are continuing to engage in discussions to determine the best course of action regarding these potential audits\ \ **Innovative Utility and Rewards** The MAXX Token transcends conventional utility. We've innovatively integrated function utility NFTs that can connect with our smart contracts. These NFTs do more than represent stakes; they unlock exclusive boosts and bonuses, enhancing the overall user experience and value. Moreover, we're excited to introduce our on-chain referral program. This program rewards our users with $MAXX Tokens for leveraging their networks and sharing their unique referral links, found \[here]. This not only incentivizes community growth but also enables our users to actively participate in the expansion of the MAXX ecosystem. **MAXX Finance 2.0: The Community Network Phase**\ \ MAXX Finance 2.0 marks the advent of The Community Network Phase, a pivotal evolution in our project's journey. This phase is designed to catalyze the further development of the MAXX token by focusing on the construction of innovative smart contracts. Central to this initiative is the empowerment of our community members and developers, who are encouraged to actively contribute to the MAXX ecosystem. By providing a robust and secure foundation, MAXX Finance 2.0 invites and inspires individuals to build upon our platform, fostering a thriving environment of creativity and technological advancement. This phase not only amplifies the functionality of the MAXX token but also strengthens its position as a cornerstone in decentralized finance, reflecting our commitment to continuous growth and community-driven innovation. **Scaling and Growth: The Future of MAXX Finance** As we progress, MAXX Finance is poised to not just grow, but scale in a way that reshapes the DeFi landscape. Our strategy for scaling is multi-dimensional, focusing on enhancing the technical infrastructure, expanding our market presence, and continuously innovating our product offerings. 1. **Technical Scalability and Performance Optimization:** * At the core of our scaling strategy is the continuous enhancement of our technical infrastructure. This includes optimizing the performance of the MAXX token on various platforms, ensuring high transaction throughput, and reducing latency. Our aim is to maintain seamless functionality even as the user base expands, ensuring that MAXX Finance remains fast, efficient, and reliable. 2. **Market Expansion and Strategic Partnerships:** * Scaling our presence in the market is crucial. We plan to forge strategic partnerships across the DeFi ecosystem, exploring collaborations that bring mutual growth. This includes integrating with additional exchanges, entering new geographical markets, and creating alliances with key fintech players. Our goal is to make MAXX Finance a globally recognized and accessible DeFi solution. 3. **Product Innovation and Diversification:** * Innovation is the heartbeat of MAXX Finance. We are committed to continuously developing new features and products that align with the evolving needs of our users. This includes exploring new utility cases for the MAXX token, diversifying our NFT offerings, and venturing into emerging sectors of DeFi like decentralized insurance and derivative markets. Each innovation is a step towards creating a more robust and dynamic DeFi ecosystem. In summary, our vision for scaling and growth is not just about increasing numbers; it’s about enhancing the quality, reach, and impact of MAXX Finance. We are dedicated to building a platform that not only meets the current demands of the DeFi community but also anticipates and shapes future trends. With MAXX Finance, we are not just growing; we are setting new benchmarks for what a decentralized finance platform can achieve.
# Token Contract Address We have now deployed liquidity to the [QuickSwap DEX](https://quickswap.exchange/#/swap?swapIndex=1\¤cy0=MATIC\¤cy1=0x6d9c0b104e5af90a6d11a13eb77288e533333301). You are now able to purchase and trade MAXX on [QuickSwap](https://quickswap.exchange/#/swap?swapIndex=1\¤cy0=MATIC\¤cy1=0x6d9c0b104e5af90a6d11a13eb77288e533333301). As we have a small [**2% Buy tax**](https://docs.maxx.finance/features/maxx-token/taxes), you will need to manually adjust the slippage to 3% or your trade will not be successful. Click here to buy [$MAXX](https://quickswap.exchange/#/swap?swapIndex=1\¤cy0=MATIC\¤cy1=0x6d9c0b104e5af90a6d11a13eb77288e533333301) on [QuickSwap](https://quickswap.exchange/#/swap?swapIndex=1\¤cy0=MATIC\¤cy1=0x6d9c0b104e5af90a6d11a13eb77288e533333301) [**Click here to buy $MAXX on QuickSwap**](https://quickswap.exchange/#/swap?swapIndex=1\¤cy0=MATIC\¤cy1=0x6d9c0b104e5af90a6d11a13eb77288e533333301) **BEWARE OF SCAMS - Please note that multiple fake $MAXX tokens have been created by scammers. Only buy the official token listed below.** **MAXX Token**\ [**0x6d9c0b104e5af90a6d11a13eb77288e533333301**](https://polygonscan.com/token/0x6d9c0b104e5af90a6d11a13eb77288e533333301) **FreeClaim**\ [**0x7935e1B8c75cE1E1971C42D40DeeEEF588333302**](https://polygonscan.com/address/0x7935e1B8c75cE1E1971C42D40DeeEEF588333302) **Liquidity Amplifier**\ [**0x8B3a22019cB68c4cC11Be054124490af33333303**](https://polygonscan.com/address/0x8B3a22019cB68c4cC11Be054124490af33333303) **Stake contract**\ [**0x3D769818DbD4ed321a2B06342b54513B33333304**](https://polygonscan.com/token/0x3D769818DbD4ed321a2B06342b54513B33333304) **MAXX Genesis NFT**\ [**0xA7611eCC41240b2fB4796c3b886Dcbff33333305**](https://polygonscan.com/token/0xA7611eCC41240b2fB4796c3b886Dcbff33333305) **MAXX Boost NFT**\ [**0xDA858B0B879393003e753B498103EABB33333306**](https://polygonscan.com/token/0xDA858B0B879393003e753B498103EABB33333306) **Sandbox MUSD On Arbitrum**\ [0x1BFAd48302d12d6a514464e6eE75e2a5B9FDa635](https://arbiscan.io/token/0x1bfad48302d12d6a514464e6ee75e2a5b9fda635)\ \ **Rules to avoid scams in cryptocurrency:** 1. **Verify Sources:** Always use official websites and verified social media accounts for information. Be wary of unsolicited offers and too-good-to-be-true promises. 2. **Double-Check Addresses:** Ensure wallet addresses are correct. Scammers often use addresses that look similar to legitimate ones. 3. **Use Reputable Exchanges:** Trade and purchase crypto through well-known and secure exchanges. 4. **Keep Private Keys Private:** Never share your private keys or seed phrases with anyone. 5. **Be Skeptical of High Returns:** High returns with little or no risk are a common lure in scams. 6. **Update Security Regularly:** Use strong passwords and update security software on your devices. 7. **Beware of Phishing Attempts:** Avoid clicking on unknown links or downloading attachments from suspicious emails. 8. **Research Thoroughly:** Conduct thorough research before investing in any project. Following these rules can significantly reduce the risk of falling victim to crypto scams. No one from MAXX will ever reach out to you for any reason! # Supply and Distribution Tokenomics ### **Supply and Distribution Overview** **Initial Supply:** * **Starting Point:** The initial supply of $MAXX is set at 100 Billion tokens. * **Dynamic Nature:** This supply is subject to change, influenced by the interest awarded to stakers and our deflationary tokenomics. * **Minting Policy:** No new tokens will be ever created beyond the daily interest for stakers, ensuring a controlled supply. The contract is immutable and does not have this function. ### Distribution
MAXX
Total Supply100,000,000,000This will inflate with interest and deflate with token burns
Pre-launch Amplifier - 25%25,000,000,000Loaded into contract
Initial Liquidity - 20%20,000,000,000Loaded into DEX
Reserve Liquidity - 38%38,000,000,000Locked in a GnosisSafe
FreeClaim + Airdrop- 5%5,000,000,000Loaded into contract
Competition Rewards - 2%2,000,000,000Locked in a GnosisSafe
Marketing - 5%5,000,000,000Locked in a GnosisSafe
Team Salaries - 5%5,000,000,000Locked in a GnosisSafe
### **Strategic Initiatives** * [**Pre-launch Focus**](https://maxx.finance/features/maxx-liquidity-amplifier) **Complete** ✓ We meticulously addressed common launch pitfalls like unfair launches and whale dumping, ensuring a fair and sustainable beginning for MAXX Finance. This required substantial time and effort but was crucial for our long-term success. * [**DEX Launch Strategy**](https://quickswap.exchange/#/swap?swapIndex=1\¤cy0=MATIC\¤cy1=0x6d9c0b104e5af90a6d11a13eb77288e533333301) **Complete** ✓ Our strategy explicitly avoided launching on DEX platforms with low liquidity. This deliberate choice was made to prevent early whale dominance, maintaining a balanced and healthy token ecosystem right from the start. * [**Liquidity Amplifier Phase**](/features/liquidity-amplifier-complete) **Complete** ✓ This crucial 40-day stage allowed users to reserve tokens before the official launch. By doing so, we ensured a fair distribution of tokens, effectively mitigating the risk of whale accumulation and fostering a more equitable ecosystem. * **Initial and Reserve DEX Liquidity ****Complete** ✓ We strategically deployed 25% of the total supply (25 billion tokens) for initial DEX liquidity. Additionally, 38% (38 billion) of the supply is held in reserve, providing us with the flexibility to bolster liquidity as needed in the future. * [**Community-Centric Token Distribution**](https://docs.maxx.finance/the-basics/maxx-finance-2.0-the-community-network-phase) **In Progress** 🕑 In our commitment to achieving complete decentralization of MAXX, the remaining tokens allocated for marketing, team salaries, and reserve liquidity will be progressively distributed among the community. This process is crucial in shifting the control and ownership of MAXX towards its users. Currently, we are approximately at the 15-25% stage in our journey toward full decentralization, reflecting our ongoing dedication to transferring power and governance into the hands of our community. ### Pre-launch Complete ✓ In our pre-launch phase for MAXX Finance, one of the critical strategies we implemented was the Liquidity Amplifier stage. This was a carefully planned 40-day period during which we allowed users to reserve tokens before the official launch. By allocating 25% of our total token supply for this stage, we aimed to ensure a fair distribution of tokens among all participants. This approach was instrumental in preventing the accumulation of tokens by a few large holders, commonly known as 'whales'. It was a significant step towards achieving a more balanced and equitable token distribution from the outset, aligning with our long-term commitment to maintaining the integrity and sustainability of MAXX Finance in the decentralized finance landscape. ### Deployed To QuickSwap DEX ✓ We deployed 20% (20B $MAXX + $MATIC) of our supply, amounting to 25 billion tokens, into the initial DEX liquidity pairing. This strategic move left us with 38% (38 billion tokens) in reserve, giving us the flexibility to add additional liquidity pairs in the future if needed. To ensure the utmost security of these reserves, all the reserve liquidity was securely locked in a GnosisSafe. We committed to using these reserves solely for DEX or CEX liquidity purposes, reinforcing our dedication to maintaining a stable and secure trading environment for MAXX tokens. ### FreeClaim Complete ✓ We will be doing a huge AirDrop/FreeClaim with a total of 5bn MAXX tokens. This will be available to several millions of crypto users, on a first come first serve basis. We aim to accelerate the initial onboarding of participants in the Maxx Finance ecosystem. All freeclaimed amounts will be staked for a minimum of 1 year. Check out the [Free Claim: Complete](/features/free-claim-complete) section to learn more. [Visit the website to see if you qualify for the freeclaim. ](https://maxx.finance/features/maxx-freeclaim) ### Competition and partnership rewards Complete ✓ A further 2% of the MAXX token supply will be reserved to pay bonuses to any competitions which help us spread the gospel of MAXX Finance. If you are participating in our competition and would like to earn some good rewards, visit or email ### **MAXX Finance 2.0: Empowering the Community Network Phase - ****In Progress** 🕑 In the initial stages of MAXX Finance, we had earmarked a specific token allocation for marketing and team expenses. In a strategic shift to foster a more decentralized ecosystem, this allocation has now been redirected to fuel the next phase of our evolution: MAXX Finance 2.0 - The Community Network Phase. This pivot is more than a mere reallocation of resources; it's a clear commitment to our vision of decentralization and community empowerment. MAXX Finance 2.0 marks a significant transformation towards a community-centric approach in both token distribution and project governance. By redistributing the tokens initially intended for marketing and team expenses, we are inviting our community members to take an active role in the project's development. This redistribution is not merely a reward; it's an opportunity for each member to contribute to MAXX Finance's growth, whether through marketing initiatives, development, or other forms of support. As we embark on this new phase, we're reinforcing community involvement at every level. Each participant in the MAXX Finance ecosystem is now empowered to have a substantial stake and a louder voice in the project. This approach democratizes our decision-making process and inspires innovative contributions, ensuring that the evolution of MAXX Finance aligns with the collective vision and efforts of its community. Together, we're building a thriving and collaborative environment that drives the project forward in exciting and uncharted directions. # Sacrifice Phase Understanding the Liquidity Amplifier Stage in MAXX Finance ### **Disclaimer: Understanding the Nature of MAXX Token and the Liquidity Amplifier Stage** It is crucial for all participants and potential users of MAXX to understand the nature of the MAXX Token and the Liquidity Amplifier stage after the amplifier stage has been completed. This disclaimer is intended to provide clear and transparent information regarding the nature of the transaction and the token itself. 1. **Sacrifice of $MATIC for $MAXX:** Participants in the Liquidity Amplifier stage engaged in a sacrifice of $MATIC tokens to receive $MAXX tokens. This exchange was based on the understanding that $MAXX tokens are, by design, absolutely worthless and carry no implied promise of returns, profits, or results. 2. **Loss of Value Acknowledgement:** By participating in this exchange, users acknowledged and accepted the likelihood of losing all value associated with their swap into $MAXX tokens. The $MAXX tokens were created as a representation of this sacrifice without any inherent value or utility. 3. **No Promises or Guarantees:** No guarantees, promises, or implications were made regarding the potential success, utility, or value of $MAXX tokens. The transaction was clear in its premise: a straightforward exchange with no expectation of gain. 4. **No Obligation to Build or Develop:** It was explicitly stated that there were no commitments to build, develop, or enhance the project associated with $MAXX tokens. The initiative was driven by the enthusiasm and joy of participating in the blockchain space, not by an objective to create a commercially successful project. 5. **Community and Engagement Focus:** The primary focus of this project was to foster a community and create a token for communal engagement and experimentation within the blockchain space. The $MAXX token was designed for those interested in being a part of this community-driven experience, with no further implications of success or development. 6. **Voluntary Participation:** Engagement in the Liquidity Amplifier stage and acquisition of $MAXX tokens was entirely voluntary, based on the understanding of the terms as laid out in this disclaimer. By participating in the Liquidity Amplifier stage, users **fully acknowledged and agreed** to these terms, participating in the spirit of community and blockchain exploration, without any expectations of material gain from $MAXX tokens. \ **Purpose of the Liquidity Amplifier Stage** The Liquidity Amplifier stage is a fundamental part of MAXX Finance's launch strategy, underpinned by a commitment to fairness and trust within our community. Unlike conventional token launches where the project might profit from the initial distribution, MAXX Finance stands apart. Our protocol, crafted by and for the community, is based on the bedrock principle of mutual trust and equitable distribution. Essentially by operating in the [Liquidity Amplifier: Complete](/features/liquidity-amplifier-complete) you are sacrificing or forfeiting your cryptocurrency in return for MAXX tokens. This distribution has been done in the past and is a proven method to allow an even and fair amount of tokens to be distributed between the participants. **Distribution Through the Sacrifice Event** At MAXX Finance, we have implemented a ***sacrifice*** event as our launch mechanism, ensuring every participant can access a fair portion of the token supply over a 40-day period. This approach not only aligns with our ethical standards but also fosters a community free from whale dominance. Direct launches on DEXs with low liquidity often lead to significant accumulations by early buyers, creating price volatility and potential market manipulation. Our sacrifice event model addresses this issue, preventing the concentration of wealth and maintaining market stability. This method counters the challenges faced by many speculative tokens, where a few individuals amass vast holdings, leading to market disruptions and unfair advantages. Our commitment at **MAXX Finance** is to uphold fair distribution. We've dedicated considerable effort to ensure an equitable token environment for all participants. For detailed information on our equitable distribution strategy, please refer to the designated section. **For more information please see the** [Liquidity Amplifier: Complete](/features/liquidity-amplifier-complete) **section.**\ \ **Definition Of Sacrifice:** In the context of finance and cryptocurrency, a "sacrifice" typically refers to a situation where participants **voluntarily** give up something of **value**, such as an existing **cryptocurrency**, in exchange for **new tokens** with no value. # Inflation and Deflation MAXX Finance has rigorously back-tested all of the strategies to not only create an amazing DeFi solution, but also a platform that is built to last. Inflation is a feature, not a bug ### **Inflation Dynamics** At MAXX Finance, we've designed a DeFi solution focused on longevity. The platform incorporates a dynamic inflation model, where inflation is a functional feature, not an oversight. The inflation rate isn't fixed and varies based on staking behaviors. Users earn interest on their stakes, paid out as newly minted tokens upon withdrawal, which contributes to inflation. However, the exact annual inflation rate is unpredictable and will be monitored through ongoing analytics. ### **Examples of Inflation:** * If 10% of total supply is staked at an 80% rate, global inflation would be around 8%. * With 20% of the supply staked at the same rate, inflation could rise to 16%. * If half the supply is staked at a 40% rate, inflation might reach 20%. While staking behavior will differ widely, we've extensively tested various scenarios to prevent runaway inflation. No tokens beyond those for staking interest will be minted. ### **Deflationary Measures** To balance inflation, deflationary mechanisms are implemented, including burning a portion of the MAXX supply. This occurs through specific protocols and early unstaking penalties. [Trade Taxes](/features/maxx-token/trade-taxes) **Future Plans for Combating Inflation: Scaling MAXX into a Revenue-Generating Protocol** At MAXX Finance, our future strategy for combating inflation extends beyond the current mechanisms. We are exploring innovative models to transform MAXX into a revenue-generating protocol. This involves identifying and implementing scalable opportunities that not only support the protocol’s growth but also contribute to revenue streams. These revenue streams will play a crucial role in offsetting inflationary pressures. By reinvesting these revenues back into the ecosystem, we aim to create a self-sustaining model that enhances the intrinsic value of MAXX tokens. This approach will ensure the long-term stability and viability of MAXX Finance, aligning with our commitment to creating a robust and thriving DeFi environment. Stay tuned for more detailed announcements and updates as we progress with these exciting developments. Current State Of MAXX Finance Inflation at 11/10/23\ ![](/files/PZw9cpkGN0jQ6miiYQpq) ### **MAXX Finance 2.0: The Community Network Phase** We are currently in the midst of an exciting era at MAXX Finance, known as the "Community Network Phase." This phase is pivotal for fostering a robust community of active users and builders. Their involvement is crucial for propelling MAXX Finance into its next stages of development. This community-led approach not only enriches the platform with diverse perspectives and skills but also lays the groundwork for future innovations and growth. Engaging with this dynamic community is key to our journey towards creating a more comprehensive and user-centric DeFi ecosystem. **Inflation & Deflation FAQs:** 1. **Q: How does MAXX Finance manage inflation?** * **A:** We manage inflation through a dynamic model based on staking behaviors. We've conducted extensive simulations to mitigate runaway inflation and ensure the only new tokens minted are through staking interest. 2. **Q: Are there deflationary mechanisms in place for MAXX tokens?** * **A:** Yes, we have deflationary measures such as token burning to balance the inflationary aspects and maintain the token's value. **Utility and Community Building FAQs:** 1. **Q: Does MAXX token currently have any utility?** * **A:** At present, MAXX token is focused on community building. While many projects start without immediate utility, our goal is to evolve into a larger, more comprehensive project driven by community engagement and development. 2. **Q: What is the significance of community in MAXX Finance's development?** * **A:** The community is central to our vision. We believe in growing with our users, and leveraging their insights and participation to shape the future of MAXX Finance into a robust DeFi ecosystem. 3. **Q: How can users contribute to the development of MAXX Finance?** * **A:** Users can contribute by actively participating in our community network phase, offering feedback, ideas, and even development skills to help MAXX evolve and expand its utility and features. We are presently in the development phase of crafting an ecosystem where users can actively contribute to MAXX through our 2.0 initiative. This phase is designed to enhance user engagement and participation, fostering a more interactive and collaborative MAXX community.
**Read more** in the [Token Burning](/utility/token-burning) section. # Trade Taxes The function that helps to balance inflation and also rewards MAXX holders... Forever. ### **Sell Tax Structure in MAXX Finance** In MAXX Finance, we have implemented an adjustable tax for all sell transactions, initially set at 2%. This tax is divided as follows: 1% of the MAXX tokens sold are immediately burned, reinforcing our deflationary strategy. The remaining 1% is allocated to the MAXX Finance development fund. This fund is unique as it is not used for leveraged yield-generating activities but rather for the growth and development of MAXX Finance, including the creation of DApps and new projects. ### **Buy Tax Framework** Similarly, a 2% adjustable tax is applied to all buy transactions. Of this, 1% is directly burned to support deflationary measures. The other 1% is transferred to the MAXX Vault. Funds from the Vault are then used to purchase the other token in the liquidity pair (e.g., MATIC), which remains in the Vault. [MAXX Vault](/features/maxx-vault) ### **Governance and Tax Cap** The tax rates for both buying and selling are governed by the DAO network, allowing the community to vote on adjustments within a range of 0-5%. Both buy and sell taxes are hard-capped at a maximum of 5% in the contract. [MAXX Vault](/features/maxx-vault) The implementation of buy and sell taxes in MAXX Finance serves several key purposes: 1. **Encourages Holding Over Trading:** These taxes discourage frequent trading and promote long-term holding of MAXX tokens. This strategy aligns with the goal of fostering a stable and growth-oriented community, as frequent trading can lead to loss of funds. 2. **Supports Protocol Development:** The taxes collected are crucial for the development and expansion of the MAXX Finance ecosystem. They provide the necessary funding for new projects, DApps, and improvements within the platform. 3. **Entry Fee for New Buyers:** The buy tax acts as an entry fee for new participants, ensuring that incoming funds contribute to the protocol's growth. 4. **Rewarding Commitment:** By staking MAXX tokens, users can earn additional tokens, incentivizing participation and engagement within the ecosystem. 5. **Common Practice in DeFi Projects:** Trade taxes are a common mechanism in many DeFi projects, used to balance the ecosystem, fund development, and encourage a more committed user base. These taxes are strategically designed to align the interests of users with the long-term success and sustainability of MAXX Finance. Contrary to many DeFi protocols, the vault is not used for leveraged yield-generating strategies but is used to grow and develop MAXX Finance with Dapps and new projects. # Token Limits MAXX Finance incorporates robust functions in its smart contract to protect against market volatility due to large token sales. ### **Token Limits in MAXX Finance: Safeguarding Market Stability** An adjustable Whale Limit is set within the contract, initially capped at 100 million MAXX tokens. This restriction means no single transaction can exceed this sale amount, effectively preventing massive single transaction sales that could impact market stability.\ ![](/files/zIQTJvP6rUvwAimvy0SK) ### Daily Sell Limit 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. You can see this in the contract at ### **Inbuilt Lower Limits:** 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. ![](/files/Iz0gQvo5ET6QSNEkKXu6) # Supply & Demand Supply and Demand Dynamics in MAXX Finance Staking MAXX tokens plays a vital role in regulating supply and demand. By staking, tokens are effectively removed from circulation, naturally creating upward price pressure. This mechanism is a key, gamified aspect of the MAXX protocol. **Core Principles of Staking** MAXX motivates users to stake their tokens, offering substantial rewards for longer commitments. Embracing the principle that **"time in the market beats timing the market,"** staking in MAXX minimizes human error and impulsive decisions, promoting peace of mind. Statistically, over **90% of crypto traders lose money**. MAXX aims to shift focus away from high-risk trading on third-party platforms, fostering a culture of patience and wise investment. In essence, staking in MAXX acts as a safeguard against common trading pitfalls, providing a more secure and potentially rewarding crypto experience. Through continuous innovation and expansion of the MAXX community, everyone involved stands to gain from the collective growth. The strategic implementation of deflationary mechanisms will naturally enhance MAXX's value and demand over time. {% embed url="" %} ### # Referral Systems: Complete Completed ### **Updated MAXX Finance Referral Program** The referral system in MAXX Finance, initially designed to bolster early-stage community growth, has now been successfully completed. This program allowed users to create personalized referral links associated with their wallet addresses. When these links were used by new users to join MAXX Finance, the original referrer earned bonuses, fostering early community engagement and expansion. Although this system was an effective tool during our initial growth phase, it was designed as a temporary feature and is no longer active, in line with our strategic plan for sustainable and organic community development. ### Future Referral Plans In the upcoming MAXX Finance 2.0, we plan to introduce new and enhanced referral mechanisms. These additional referral strategies will be crafted to align with our evolving community and ecosystem, offering fresh and innovative ways for users to participate and benefit from promoting MAXX Finance. Stay tuned for more details on these exciting developments as we continue to grow and evolve our platform. **Explanation Video** {% embed url="" %} # Free Claim: Complete Update on MAXX Finance Free Claim and Airdrop ### The MAXX Finance Free Claim event A pivotal part of our growth strategy has successfully concluded. In this event, we allocated 5% of our total supply (5 billion tokens) for qualified users to claim. Eligibility was based on token holdings across 70 networks as of October 30th, 2022, and the claimable amount was determined by the USD value of these tokens. We are thrilled to announce that the distribution of these tokens will commence shortly. All claimed tokens are automatically staked for one year, offering an attractive 24.26% APY. Additionally, 2 billion tokens are reserved for competition rewards and airdrops, targeting active participants in our community events. Stay tuned for more updates and opportunities in MAXX Finance. In total, there was only less than %5 that claimed the freeclaim tokens during this period. All of the unclaimed tokens will be burned which will be a huge event in the next 30-60 Days.
[Freeclaim is now LIVE!](https://app.maxx.finance/freeclaim) \ {% embed url="" %} # 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!](https://maxx.finance/features/maxx-freeclaim) # Referral System: Complete You can earn free $MAXX tokens by taking advantage of our referral system. A very powerful system that can reward you greatly! ### **MAXX Finance Referral System Explained** MAXX Finance offered a lucrative referral system where both the referrer and the referee could earn significant bonuses. By using a referral link to access our dashboard, users were eligible for an extra 10% on their FreeClaim amount. Additionally, the referrer also received a 10% bonus based on the amount claimed by the referee. The staking platform was designed to recognize the referral link and automatically apply this bonus during the FreeClaim transaction. This meant an additional 10% for the person claiming and a matching 10% auto-staked bonus for the referrer. It was an effective way for users to accumulate more MAXX tokens simply by sharing their unique referral link. As we move into **MAXX Finance 2.0: The Community Network Phase**, we're excited to announce the return of a referral system. This revamped program will continue to offer our users the opportunity to earn rewards, further enhancing community engagement and participation in our evolving ecosystem. Stay tuned for more details on how you can benefit from this initiative in MAXX Finance 2.0.
# Liquidity Amplifier: Complete Before its mainnet launch and subsequent availability for trading on a DEX, MAXX Finance successfully completed a Liquidity Amplifier stage. This pre-launch phase, structured as a sacrifice event, provided users with the opportunity to acquire $MAXX tokens at more favorable terms compared to a direct, low-liquidity launch. A total of 20 billion $MAXX tokens, constituting 20% of the total supply, were reserved for this event. Participants sacrificed their MATIC over 40 Amplifier days, and the distribution of $MAXX tokens at the end of this period corresponded to the daily MATIC contributions. The allocation of $MAXX tokens varied each day as the values were different each day. \ \ ***11/10/23***\ There was over 186,000 **$MATIC** raised during this even't and MATIC's price was average to around $1.50 at the time totaling over **$279,000** worth of MATIC sacrificed. The price of MATIC swiftly crashed to below $0.60 and is starting only now recover. ### Why Launch This Way? \ Launching MAXX Finance through a Liquidity Amplifier instead of directly onto a DEX with limited liquidity was a strategic decision to promote fairness. A direct launch could result in early buyers acquiring a significant portion of the supply at low costs, leading to rapid price inflation and potential dominance by a few 'whale' investors. Such whales could later sell their holdings for substantial profits, detrimentally impacting the ecosystem's liquidity and stability. The Liquidity Amplifier, with its 40-day period, ensures all participants have equal opportunity, distributing tokens more equitably, thus fostering a healthier and more robust ecosystem without unfair advantages. ### Initial Liquidity Pair The initial liquidity pair for MAXX Finance was deposited temporarily to QuickSwap to allow MAXX to have a market, serving as a foundational step to establish the platform and gain momentum. This approach was intended to provide initial stability and facilitate early transactions. As MAXX Finance progresses towards self-sufficiency and achieves greater traction, plans are in place to rebalance the liquidity. This strategic rebalancing is aimed at further enhancing the platform's stability and sustainability in the evolving DeFi landscape. {% embed url="" %} \ *Below is an example of how this amplifier stage looks. All values shown are from our public testnet.* {% endembed %}

This is a screenshot from our public testnet round

This is a screenshot from our public testnet round

# How did it work? This is an explanation on how MAXX will deploy The Amplifier phase for MAXX Finance, lasted 40 days, successfully provided an safe token distribution, safeguarding against whale manipulation. Each day during this phase, participants had the opportunity to claim a share of the 20 billion tokens. The daily allocation of $MAXX varied, influenced by the number of deposits and participants. Users could observe the current day's allocation and the amount of MATIC deposited, deciding when to contribute their MATIC to reserve a share. The exact amount of $MAXX reserved was revealed only at day's end, creating a gamified experience as users strategized on when to contribute to maximize their allocation.

This is a screenshot from our public testnet round

Following the completion of the 40-day Liquidity Amplifier period, there was a brief pause of 2 to 3 days. After this intermission, MAXX Finance launched the token on the mainnet and deployed liquidity to a QuickSwap DEX. Subsequently, users were able to access the portal to claim all their reserved tokens, which they then had the option to stake or trade on the market ## Examples This is a very basic example of how the distribution works, before accounting for any referral or NFT Bonuses used. \ \ **Let's say there are 1,000,000 MAXX tokens available for each of the first few days.** If a total of 10,000 MATIC is deposited into the contract on **day 1**, users will get 100 $MAXX Tokens for each 1 MATIC they deposited. \ `(1,000,000 MAXX / 10,000 MATIC = 100 MAXX per MATIC)` If a total of 12,000 MATIC is deposited into the contract on **day 2**, users will get 83.33 $MAXX Tokens for each 1 MATIC they deposited. \ `(1,000,000 MAXX / 12,000 MATIC = 83.33 MAXX per MATIC)` The same continues for the rest of the 40 days. Some days may see a low amount of MATIC deposited, meaning people entering on those days are going to get a better price. Other days may be 'oversold', meaning people get slightly less MAXX per MATIC. At the end of this phase, users will have the ability to claim the reservations they made and then start interacting with the main staking contract.
### Advanced Examples These examples show how the Amplifier will really distribute tokens, accounting for referral bonuses. We will use what we call 'Effective Matic' to measure exactly how much each user should get. This is the amount of Matic they deposited, plus any bonuses.\ \ **Let's say there are 1,000,000 MAXX tokens available on Day 1.** If a total of 10,000 MATIC is deposited into the contract on this day, but some users use a referral code, they will be getting a 10% boost on their 'Effective MATIC'. \ \ **For simplicity, let's say that only 5 people enter:** Users 1, 2 & 3 all deposit 2,000 MATIC. \ Their Effective Matic is 2,000.\ \ Users 4 & 5 both deposit 2,000 MATIC, but use a referral link from User X, gaining a 10% boost. \ Their Effective Matic is 2,200.\ \ User X gets a 5% referral bonus from both User 4 & 5, giving him 200 Effective Matic \ **There is a total of 10,600 'Effective Matic' which is used to calculate how much people get.** `(1,000,000 MAXX / 10,600 EffectiveMATIC =`**`94.3396226 MAXX per MATIC`**`)` Users 1, 2 & 3 all get 188,679.245 MAXX for their 2,000 MATIC Deposits.\ Users 4 & 5 both get 207,547.17 MAXX for their 2,000 MATIC Deposit plus bonus for using a referral.\ Users X gets 18,867.92 MAXX as his referral bonus. **The total distributed for that day is still 1,000,000 MAXX.** # Referral System You can earn free $MAXX tokens by taking advantage of our referral system. A very powerful system that can reward you greatly! ### Benefit from a 10% Bonus! If you have used a referral link to land on the dashboard, you will earn an extra 10% on your Amplifier reservations. The user who created the link will also earn a 5% bonus based on the referee's reservations. This is completely on-chain and can be live monitored. We encourage our community to create useful content on social media to educate users and use the referral link to have them follow it to start interacting with our platform. [Referral System is live! ](https://maxx.finance/features/earn-free-maxx) {% embed url="" %} The user dashboard is very simple to see live view of how your referrals are being utilized.
The staking platform will detect the referral link and adds it as a variable during the process of Amplifier Reservation transactions, enabling the bonus. This gives an extra 10% to the person claiming and also awards the referrer a bonus to the value of 5%. All bonuses earned by the referrer are available to withdraw as liquid MAXX tokens from the DEX launch date. # Staking MAXX Lock up your MAXX Tokens to earn $MAXX, and achieve delayed gratification by not selling early. ### The Core MAXX Function \ In MAXX Finance, staking stands as a pivotal feature, drawing inspiration from time-locked deposits found in traditional finance. Diverging from the modest 1-2% APY offered by banks, MAXX Finance provides a substantial 18-80% APY on stakes. This interest is assured for the duration of the stake, independent of external dependencies or other users' staking actions – a clear departure from typical DeFi projects. Moreover, stakeholders retain complete control over their stakes and have a say in ecosystem voting, ensuring that at no point are their $MAXX tokens held by anyone else. ### Robust & Proven Staking The staking mechanism remains the core foundational feature of MAXX Finance, integral to building and sustaining the platform. With over a year dedicated in 2022 to meticulous testing and development of our contracts, coupled with active trading on QuickSwap all of 2023, MAXX Finance has demonstrated the robustness and security of its ecosystem. Our successful track record lays the groundwork for the next chapter: MAXX Finance 2.0: The Community Network Phase. This upcoming phase, focused on community growth and engagement, is set to be rolled out in the near future, marking a significant stride in the continued evolution of MAXX Finance. {% embed url="" %} Below are screen shots of the testnet staking panel in the user interface which can be viewed at [ui.maxx.finance](https://docs.maxx.finance/features/www.ui.maxx.finance)
When a user makes a stake, the transaction deposits their liquid MAXX tokens into the contract, where they are locked until the duration. Users will be able to view and manage all of their stakes in the dashboard, along with functions such as Naming the stake, Selling early, Trading or listing the stake for sale on a marketplace, and more.
At a stakes maturity, the user can withdraw the Principal + Interest earned to their wallet. There are a few factors that affect what APY you will get, which we will cover in the next few sections. When creating a stake, you will be shown the exact APY you are getting. # How Staking Works A brief overview of how the MAXX ecosystem staking works. **Understanding Staking in MAXX Finance** Staking in the MAXX ecosystem involves users depositing their liquid MAXX tokens into a contract where they remain locked for a set duration. In return, users receive shares determined by the principal amount, stake duration, and any applicable bonuses. These shares calculate the stake's guaranteed interest rate and may offer future benefits, like weighted voting. Upon maturity, stakes can be withdrawn, returning the principal and interest to the user's wallet, while the shares are burned. A decreasing ShareFactor encourages early staking for potentially higher APY.\ \ All of this process is completely decentralized at no point does anyone have access to the tokens and staking & unstaking must be done by the person who has access to the wallet. ### How much can I earn from Staking MAXX? Let's say you buy 1,000,000 MAXX tokens at a hypothetical price of $0.0001 for a total of $100. **If you stake it for a 1 year period, in the first few days of the launch, you will get a fixed 24.26% APY rate, earning you 242,637 MAXX over the duration.** \ If the price is exactly $0.0001 after a year, your holdings are now worth $124.26\ If the price has climbed to $0.01 after a year, your holdings are now worth $12,426.37 **If you stake it for a 2 year period, you will get a fixed 30.27% APY rate, earning you 605,359 MAXX over the duration.** \ If the price is exactly $0.0001 upon withdrawal, your holdings are now worth $160.63\ If the price has climbed to $0.01 upon withdrawal, your holdings are now worth $16,063.59 **If you stake for the maximum of 3333 days (9.1 years), you will get a fixed 73.09% APY rate, earning you an impressive 7,673,967 MAXX over the duration.** \ Your total holdings are now 8,673,967 MAXX. \ If the price is exactly $0.0001 upon withdrawal, your holdings are now worth $867.39\ If the price has climbed to $0.01 upon withdrawal, your holdings are now worth $86,739.67 Whilst we cannot guarantee or speculate on the future value of the MAXX token, we can guarantee the payouts in MAXX that you will be earning. Other similar projects have done a 10,000x in price from launch, so the 100x in the above examples is a very mild example. # Share Factor Why its best to get your stakes in as early as possible, due to the Share Factor There is a slowly decreasing Share Factor (SF), which over time will mean that users who stake later will get slightly fewer shares, therefore a lower APY. This number only affects you at the time of creating a stake, and does not affect your APY after that point.\ \ This number starts at 1.00 and slowly reduces over 3,333 days until it gets to 0.00. This doesn't mean that users staking on day 3,333 will get 0 shares, it actually means they will get half as many, and therefore half as much interest on their stake. This is why its always best to get your stakes in early, and create staking ladders over the next 9 years. This also makes a high demand to resell or remarket stakes and will allow us to create a marketplace for users that created longer and larger stakes to be resold to users who are starting stakes anytime after the deployment of the MAXX staking feature. **This declining share factor will also put pressure on the price since the amount of MAXX paid out will be less and less over time.** ![Staking earlier will always pay you a better APY Interest Rate](/files/KACTHCyY1EQN3q6zF3Kp) # Longer Pays Better The MAXX Ecosystem is gamified for your pleasure Stakers can receive up to 300% more APY thanks to the Longer Pays Better bonus. This will encourage for positive price action and longer stakes, users will be taking the supply off circulation thus increasing the price well into the future! \ \ Users can easily preview their Interest Rate using the calculator on , and once the staking dashboard is live, you will be able to see the same as you make a stake. ![Staking for longer will always pay you a better APY Interest Rate](/files/b9lkmnRDgQtHyr7yKLFZ) # Bigger Pays Better The MAXX Ecosystem is gamified for your pleasure Stakers also receive up to 10% additional interest thanks to the Bigger Pays Better bonus. \ This is on a sliding scale from 0 to 10% when you stake up to 20,000,000 MAXX tokens. This will encourage for positive price action and bigger stakes, users will be taking the supply off circulation thus increasing the price well into the future! \ \ Users can easily preview their Interest Rate using the calculator on , and once the staking dashboard is live, you will be able to see the same as you make a stake. ![Staking larger amounts will always pay you a better APY Interest Rate](/files/fyhk4GLjw66ELSl2rxyO) # Staking Penalties Gamified Ecosystem The only penalties in the MAXX Ecosystem come from Early or Late withdrawals. ### Early Withdrawal 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. ### What happens to these penalties? 50% of Early/Late withdrawal penalties is sent to the [MAXX Vault](/features/maxx-vault) 50% is instantly burned (send to the 0x00..dEaD address), adding to our deflationary measures. # Stake Transfer {% embed url="" %} MAXX is creating a system that will encourage users to stake and earn yield and we understand that sometimes unforeseen circumstances can happen and stakes may need to be ended early. Since your early stakes have a secondary market value you will have the ability to resell the stake on an open market and/or transfer them between yourself and the MAXX community. This secondary market can allow you to quickly earn the rewards that are packed in the full term of your stake immediately into your wallet without taking any penalties by ending the stake. \ \ The first phase will be to create the stake transfer function and sometime down the line, we plan on implementing a full marketplace for stakes to be transferred. The end goal is to ampower the community to unite and help each other. Crypto is a team sport and team spirit means everything to us at MAXX. # Stake Naming Users tend to make a lot of stakes, with some having several hundred. Others create staking ladders, with stakes ending every month over a span of several years. Because of this, we have added the ability to assign a name to any of the stakes that you have created. This is a great way to set targets and have stakes for specific goals you have set for yourself, and easily be able to identify those stakes. ### **Examples** Stake #101234 "New Watch Stake" Stake #101235 "New Car Stake Stake #101236 "New House Stake" Stake #101237 "Christmas Presents"
# Stake Formulas and Math This information is for the hardcore followers and the people doing their own deep dive research into the protocal Don't worry, you don't need to know or understand any of this math if you are a regular ape! Just know that everything is algorithmically programmed and built to last! You can easily see what you will earn by using the [calculator on the website](https://maxx.finance/#calc)!
Minimum Stake Duration7 Days
Maximum Stake Duration3333 Days
Share Factor (SF)1.000
Share Factor Reduction Rate (SFR)1/3333 per day until 0.000
Magic Number (MN)1111
Base Inflation Rate0.18185 (18.185%) Fixed
Stake - Basic Sharesamount / (2-SF)
Stake - Bigger Pays Better Bonus %0-10% from 0 to 20,000,000 MAXX (stake_amount / 2,000,000) capped at 10
Stake - Bigger Pays Better SharesBasicShares * (bpb_bonus / 100);
Stake - Longer Pays Better(BasicShares + BPB Shares) * (Duration - 1) / MN
Stake - Total SharesBasic Shares + BPB Shares + LPB Shares
Stake - Full Duration Interest(stake_total_shares * (stake_duration/365)) * base_inflation
Stake - Daily Interest(stake_total_shares * (stake_duration/365)) * base_inflation / stake_duration
Stake - Annual Interest((stake_total_shares * (stake_duration/365)) * base_inflation) / stake_duration*365
Stake - Annual Interest APR %Annual Interest / Principal Amount
Stake - Late Withdraw Penalty rate100/365 (0.273972602739726) % per day after 14 day grace period
### Example With the above formulas, we can calculate exactly how many shares a user will receive at staking, and how much interest they will earn over the period. **A user stakes 10,000,000 MAXX for 3333 days, whilst the SF is 1.000:** **​Basic Shares** = amount / (2-SF)\ `10,000,000 / (2-1) =`` `**`10,000,000`** **BPB Bonus** = (stake\_amount / 2,000,000) capped at 10%\ `10,000,000 / (2,000,000) =`` `**`5%`** ​**BPB Shares** = BasicShares \* (bpb\_bonus / 100);\ `10,000,000 * (5/100) =`` `**`500,000`** **LPB Shares** = (BasicShares + BPB Shares) \* (Duration - 1) / MN\ `(10,000,000 + 500,000) * (3333 - 1) / 1111 =`` `**`31,490,549.0549`** **Total Shares** = Basic Shares + BPB Shares + LPB Shares\ `​10,000,000 + 500,000 + 31,490,549.0549 =`` `**`41,990,549.0549`** **Full Duration Interest** \ (stake\_total\_shares \* (stake\_duration/365)) \* base\_inflation\ `​(41,990,549.0549 * (3333/365)) *` 0.18185 `=`**`69,728,015.9589 MAXX`** **Annual Interest** \ ((stake\_total\_shares \* (stake\_duration/365)) \* base\_inflation) / stake\_duration\*365\ `((41,990,549.0549 * (3333/365)) * 0.18185) / 3333 * 365 =`**`7,635,981.3456 MAXX`** **Annual Interest APY%**\ Annual Interest / Principal Amount\ `7,635,981.3456 / 10,000,000 = 0.76359813456 /`**`76.36% APR`** \ **With this, we can see that the user will earn a fixed 76.36% APR for his 3333 Day Stake of 10m MAXX. He will earn a total of 69,728,016 MAXX, making the total withdrawable amount 79,728,016 MAXX** # MAXX Vault Making MAXX Finance into a DeFi powerhouse. The MAXX Vault serves as a community-driven treasury, secured through a GnosisSafe (Multisignature wallet). Proposals for utilizing these funds are put forth by both the team and the community, with decisions made via community voting. MAXX Finance is now in the second stage of growth and has pledged to distribute all of the GnosisSafe tokens to the community eventually making MAXX Finance completely decentralized with absolutely zero counterparty risk. **Funding and Purpose:** The Vault accumulates $MAXX tokens and paired liquidity tokens from various ecosystem activities and penalties. Its primary purpose is to enhance community empowerment, granting stakeholders direct influence over MAXX Finance's trajectory, including future developments and dapp integrations. **Community Voting:** Voting topics range from marketing strategies to merchandising, event participation, giveaways, and new project incubation. Token burning for deflationary measures and validator node management are also community decisions. **Security of Funds:** Funds within the MAXX Vault are safeguarded by a multi-signature GnosisSafe wallet. Withdrawal or sale of assets occurs only after community consensus, ensuring funds remain secure and used as intended. Further details about our security measures can be found in our security documentation.
### How is the vault funded? The vault collects both $MAXX tokens and the paired liquidity token. These originate from the [Trade Taxes](/features/maxx-token/trade-taxes) and other [ecosystem penalties, such as early/late stake withdrawals.](/features/staking-maxx) ### **Safety of Funds** Security in the MAXX Vault is paramount, managed via a [multi-signature GnosisSafe ](https://safe.global/)wallet and controlled by 3/5 team signatures. Withdrawals or sales of tokens occur solely based on community voting, ensuring funds are secure and used as per collective decisions. Any deviation from this process is effectively impossible, ensuring the safety and integrity of the funds. [More information on our security measures is available in our detailed documentation.](/features/security)
{% embed url="" %} ### ### What is the purpose of the raised funds? The vault is here to empower the MAXX community and give every stakeholder direct decision rights over the future of the entire platform, as well as all the future developments that MAXX Finance will be launching in the future. \ \ Some of the smaller examples of community voting are: Marketing, Influencer Coverage, Merchandising design and distribution, Appearances at Crypto Conferences, Giveaways, Prizes, NFT's, new platforms and projects. \ \ The community may also vote on burning some of the tokens in the vault in order to stimulate deflationary measures, validator node distribution, rotation schedules, and incubation programs. ### # What is a DAO? The future of governance A decentralized autonomous organization (DAO) is an entity with no central leadership. Decisions are made from the bottom-up, governed by a community organized around a specific set of rules enforced on a blockchain. DAO is democracy in its purest sense, verifiable on the blockchain. DAOs are internet-native organizations collectively owned and managed by their members. They have built-in treasuries that are only accessible with the approval of their members. Decisions are made via proposals the group votes on during a specified period. A DAO works without hierarchical management (or Rock star CEO's) and can have a large number of purposes. Freelancer networks where contracts pool their funds to pay for software subscriptions, charitable organizations where members approve donations and venture capital firms owned by a group are all possible with these organizations. Very soon many aspects of our lives will envolve our active participation in a DAO. Before moving on, it’s important to distinguish a DAO, an internet-native organization, from The DAO, one of the first such organizations ever created. The DAO was a project founded in 2016 that ultimately failed and led to a dramatic split of the Ethereum network, giving birth to ETC and ETH respectivelly. We know the history and we take special care to learn from it every day. ### How does a DAO work? As mentioned above, a DAO is an organization where decisions get made from the bottom-up; a collective of members owns the organization. There are various ways to participate in a DAO, usually through the ownership of a token. DAOs operate using smart contracts, which are essentially clusters of code that automatically execute whenever a set of criteria are met. Smart contracts are deployed on numerous blockchains nowadays, though Ethereum was the first to use them. These smart contracts establish the DAO’s rules. Those with a stake in a DAO then get voting rights and may influence how the organization operates by deciding on or creating new governance proposals. This model prevents DAOs from being spammed with proposals: A proposal will only pass once the majority of stakeholders approve it. How that majority is determined varies from DAO to DAO and is specified in the smart contracts. DAOs are fully autonomous and transparent. As they are built on open-source blockchains, anyone can view their code. Anyone can also audit their built-in treasuries, as the blockchain records all financial transactions.
# Security The first priority for MAXX is the security. Security is paramount at MAXX Finance, offering a stark contrast to centralized exchanges (CEXs). In MAXX Finance, users retain full control of their crypto, holding their own wallet keys, unlike in CEXs where users rely on the exchange's security. Our Smart Contract undergoes rigorous audits and community testing phases, including bug bounty programs. Renowned firms like SolidProof.io, SolidityFinance, and Certik are involved in these audits, with detailed updates to follow. Moreover, we employ **GnosisSafe** multi-signature wallets for all Contract Owners, requiring a consensus of at least 3 out of 5 team members for any significant action. This structure not only enhances security but also ensures operational continuity in unforeseen circumstances. [MAXX Vault](/features/maxx-vault) To combat bot activities, bot protection is integrated into our contract, preventing front-running bots from impacting user transactions. Additionally, a kill switch is in place within the MAXX Smart Contract to temporarily halt operations, if necessary, ensuring prompt resolution of any critical issues. # Multisig Multi-signature protection All of the MAXX contracts are owned and protected by a secure multisig implementation from GnosisSafe. The MAXXVault address which will store all accumulated treasury funds, is also a MultiSig gnosis wallet. This means that any transaction that a team member attempts to do, be it moving funds, or minting an NFT to a competition winner's wallet, will require approval by the majority of the core team. No one person can make any changes. **Current Multi-Sig Signers** * Alpha * CryptoSpace * 0xVixen * DeCrypt * Ammon This also protects the project from any unfortunate situations, such as any of the developers or founders being unreachable / going missing. Many projects have suffered when a developer disappears, and no one else can access the funds in the wallet address. Even major Centralized Exchanges have suffered from this, and permanently lost access to millions of dollars. ### Policy Each GnosisSafe will be protected by at least a 3 out of 5 multi-signature policy. The users are part of 3 core members, 1 contract developer & 1 security overview for $MAXX. # Decentralized Focusing on decentralization **Decentralization and Security in MAXX Finance** MAXX Finance epitomizes decentralization. Our users interact directly with a Smart Contract on the Polygon Network, maintaining complete control over their crypto assets. Unlike centralized exchanges (CEXs), where you entrust your assets to an external party, MAXX Finance ensures that you own your keys, thereby owning your coins. **Understanding Keys and Ownership** In cryptocurrency, your public key is akin to an account number where you receive assets. The crucial counterpart is your private key, acting as a password and granting access to your funds. Remember, no one from MAXX Finance will ever request your private key. **Private vs. Exchange Ownership** On exchanges, control over your assets can be illusory. Exchanges can impose withdrawal limits or fees because they hold the private keys. In contrast, owning your private keys in MAXX Finance means true ownership and complete control, free from arbitrary restrictions or third-party vulnerabilities. **Importance of Key Ownership** Owning your keys is the cornerstone of financial freedom in the crypto world. It eliminates reliance on third parties, offering full control and heightened security. However, this comes with the responsibility of safeguarding your private keys. Loss or theft of these keys could result in losing access to your funds. **Safety Measures** As a safety practice, record your wallet's recovery phrase and private keys on paper, never digitally. Store this information securely and privately. This proactive approach ensures you remain the sole custodian of your cryptocurrency, embodying the ethos of decentralization and security championed by MAXX Finance. MAXX Finance is advancing further in its journey towards complete decentralization by empowering its community with greater control. Demonstrating our commitment to this ethos, we are redistributing all tokens from the team and marketing safes back into the MAXX ecosystem. This initiative reinforces our philosophy that there are no single points of failure in MAXX Finance — it is a collective endeavor where every member plays a pivotal role. Our direction is clear: MAXX Finance is not just a platform; it's a community-driven movement, emphasizing the collective strength and decision-making power of its members. # Eco-Friendly MAXX is a proof of stake system which is easy on the environment As we are launching on a Proof-of-Stake network (**Polygon**) instead of a Proof-of-Work network like **Bitcoin**, this means that all aspects of transactions on the network are much more eco-friendly. Polygon's sustainability pledge comes ahead of Ethereum's transition to a Proof-of-Stake consensus mechanism, which will reduce the network's energy consumption by almost 99 percent. After Ethereum's transition to PoS and the completion of CCRI analysis, Polygon will move beyond carbon neutrality to attain the carbon-negative status.\ \ By being part of the MAXX ecosystem you are reducing your carbon footprint and avoiding unnecessary damage to the environment. **Read more:** {% embed url="" %} ![](/files/ASjPhCswChAhPPpl2GgR) # Functional Utility NFTs If you can't beat them, join them! We made our own NFT's based on the popular demand of our community! But we made them better. Utility NFT's! By the popular demand of the community, we have listened and created NFTs that will interact with the smart contract. These limited NFTs will have features, boosts, and bonuses specifically designed to increase your 'gainz'. The first 5,000 users can claim a free [MAXX Genesis](/utility/functional-utility-nfts/maxx-genesis) NFT before our launch.\ \ The other NFTs can be earned or won by participating in the [Liquidity Amplifier: Complete](/features/liquidity-amplifier-complete), and other aspects of MAXX Finance. [MAXX Genesis](/utility/functional-utility-nfts/maxx-genesis)\ [MAXX Boost](/utility/functional-utility-nfts/maxx-boost)\
# MAXX Genesis Reserved for early participants in MAXX Finance The **MAXXGenesis** is the first of four NFT part of our collection drop\ being released for early adapters of MAXX Finance. As an early adopter, you are already going to benefit by getting into the project super early. But with a Genesis NFT in your possession, you will get an extra boost in our ecosystem. This is an exclusive collection made available **FREE** to the first **5,000** people who reserved a claim code before September 2022. **If you managed to secure yourself a code, congratulations!**

Here is a preview of the design - There will be three versions distributed randomly, with the rare and ultra-rare ones holding extra value.

> #### Genesis NFTs are now mintable! > > * The Genesis NFTs are now claimable through the presale Liquidity Amplifier\ > Click here to claim your NFT: > > * You can view the collection on Opensea at:\ > ### MAXXGenesis Utility This NFT can be utilized in the staking ecosystem to give a **10% boost** to a stakes APY. While this may sound like a small boost, it can actually mean thousands of dollars in extra interest. *Example, if you stake **$1,000 MAXX** for the maximum possible duration, the APY would be **80%** earning you **$7,305 MAXX** in interest.\*\**\ \ *If you use the Genesis NFT whilst making this stake, the APY would be **88%** earning you a total of **$8,035 MAXX** in interest.\*\** The Genesis NFT is single-use, it can only give a 10% bonus on a single MAXX Stake. For this reason, it is likely to become a valuable NFT in its unused state. These will become very valuable to whales who want to stake large amounts of $MAXX. Owners should think carefully before deciding to use one, or if you decide to list it for sale on Opensea, avoid listing it for sale too cheap! ### When can I claim my NFT? If you already have a claim code you will be able to mint your Free NFT as soon as MAXX Finance launches the Amplifier stage. We will email everyone with a code a few days in advance to let them know. There are only 5,000 Genesis NFT's available, and almost 10,000 codes have been distributed. So it's on a first come first served basis. If you attempt to claim after all 5,000 have been minted, you won't get an NFT. If you **don't** have a Claim code, I'm afraid that it's now too late to get a Free MAXXGenesis. But watch this space, and we will add links to the Opensea Collection once they are minted so you can buy one from another user. **In order to claim your MAXX Genesis NFT, you have to participate in the presale amplifier with a minimum of at least 50 MATIC. When you go to make your deposit, a box will appear to enter your unique code.** # MAXX Boost Win a MAXX Boost NFT by participating in the Liquidity Amplifier This is a super rare NFT with only 120 available. They will give you a 20% boost if used whilst making a MAXX stake. They will be awarded randomly to participants in the Liquidity Amplifier, with 3 available to win on each of the 40 days. **All you need to do for a chance to win one is enter the Presale Liquidity Amplifier stage at** [**https://app.maxx.finance/amplifier**](https://app.maxx.finance/amplifier) We will be doing a live drawing each day, to pick the two winners of the previous day's participants. # MAXX OG A special NFT available only to hardcore MAXX followers The MAXX OG is a limited edition run of 500 NFTs, only available to people who stake at least 10,000,000 MAXX for the full duration of 3333 days. These NFTs will give owners special benefits and will have future utility in our ecosystem. More details to follow! # Token Burning MAXX Finance is excited to announce two significant burn events as part of our ongoing commitment to a sustainable and robust ecosystem. These events are scheduled as follows: 1. **December 18, 2023**: Approximately 10% of the total MAXX supply will be burned. This event marks a significant milestone in our roadmap, reinforcing our commitment to long-term token value and ecosystem health. 2. **Bitcoin Halving Celebration**: Coinciding with the Bitcoin halving, we plan to burn approximately 20% of the total MAXX supply. This momentous event aligns with a key industry milestone, underscoring our dedication to the broader crypto community and the principles of decentralization and scarcity. These burn events are a strategic step towards enhancing the intrinsic value of MAXX tokens and demonstrating our dedication to the community's interests and the project's longevity.
### Understanding Token Burning in MAXX Finance **What is Token Burning?** Token burning in the crypto world refers to the process of permanently removing tokens from circulation. Unlike physical asset destruction, token burning is a digital process where tokens are sent to an inaccessible wallet, often called a "burn" or "dead" address. This address, lacking a private key, ensures that these tokens can never re-enter the market or be used again. For MAXX Finance, token burning occurs through our smart contract, which sends tokens to the `0x00...00dEaD` address on the Polygon Network. The result is a reduction in both the Circulating and Total Supply of MAXX tokens. **Why Burn Tokens?** Our primary goal with token burning is to mitigate token inflation, which can devalue a project. Given our generous APY offerings, MAXX's total supply naturally inflates over time as new tokens are minted for staking rewards. While the exact rate of inflation depends on user staking behavior, we employ token burning as a strategy to deflate the supply, thus maintaining the project's value and longevity. **How Does MAXX Implement Token Burning?** MAXX Finance executes token burning chiefly through transaction taxes, supplemented by periodic burn events targeting a portion of the tokens in the MAXX vault. **Transparency in Token Burning** All MAXX token burns are transparently recorded on the blockchain and accumulate in the designated dead address on the Polygon Network. We ensure visibility and trackability of these events through our ecosystem, with comprehensive statistics available for community review. For the latest updates on tax values and burn statistics, please visit our [taxes section](https://docs.maxx.finance/features/maxx-token/taxes) and [staking dashboard](https://app.maxx.finance/stake).
# Utility The MAXX Utility Process MAXX Finance is poised to establish itself as a preeminent supporter of **Proof of Stake (PoS)** networks through its strategic ownership of **Validator Nodes** across various blockchains. This initiative enables us to create revenue streams that significantly contribute to the deflationary dynamics and overall growth of our ecosystem. Following the successful deployment of MAXX Finance, its current value and utility is primarily confined within our vibrant ecosystem, characterized by the active engagement of our community, thousands of trades, and over 7,000 active stakes totaling around 9 billion MAXX tokens locked. As we venture into the next chapter, **MAXX Finance 2.0: The Community Network Phase**, we are focusing on growth and community-driven development. This phase is crucial for expanding our reach and enhancing the protocol's capabilities. We are optimistic about progressing swiftly to the third stage, further solidifying MAXX Finance's position in the decentralized finance landscape. Our approach involves allocating a part of the MATIC from the Liquidity Amplifier stage to acquire these validators, which will be time-locked to ensure steady annual yields. These yields will be channeled into the MAXX Vault, augmenting rewards for stakers, supporting marketing efforts, and funding team operations. Crucially, all decisions regarding the use of these funds will be guided by our community-driven DAO, with governance power vested in active stakeholders. We prioritize stability and sustainability in our portfolio management. The MAXX Finance model allows for the rebalancing of validator nodes, transitioning into stablecoins when necessary. This flexibility empowers our community to make informed decisions about rebalancing and liquidity provision on leading decentralized exchanges for optimal yield farming opportunities. Adhering to our ethos as a blue-chip project, MAXX Finance commits to low-risk strategies. We maintain a strict policy against speculative investments, ensuring that only the safest and most reliable opportunities are pursued. This approach solidifies our position as a trustworthy and responsible entity in the blockchain space. # Roadmap A preliminary roadmap that is subject to change\* **2022 - Q2**\ ✔️Tokenomic & Planning ✔️Development Begins ✔️Pre-Fight Checklist **2022 - Q3**\ ✔️Community Building \ \ ✔️MAXX Genesis Giveaway\ \ ✔️Smart Contract Audits\ \ ✔️KYC **2022 - Q4** \ ✔️ Complete QA Testing\ \ ✔️Free Claim Airdrop Complete\ \ ✔️Liquidity Amplifier Complete\ \ ✔️GenesisNFT Distribution Complete\ \ ✔️MAXX Boost Giveaway Complete\ \ ✔️Main Launch 🚀 \ \ **2023 - Q1-Q4**\ ✔️Free Claim Airdrop Complete\ \ ✔️Liquidity Amplifier Complete\ \ ✔️MAXX Vault Launch\ \ ✔️MAXX Play Launch - Delayed\ \ ✔️MAXX Stake MarketPlace - Delayed\ \ ✔️MAXX Lending & Borrowing System - Delayed **2023 - Q1-Q4** MAXX 2.0: The Community Network Phase In Progress # Checklist A full comprehensive checklist of tasks MAXX has on its list. #### 2021 Q3-Q4 * [x] Market Research * [x] Pre-Project Planning * [x] Primary Team Building - 4 members on the team * [x] Brand Secured * [x] Advisors Secured #### 2022 Q1 * [x] Project Launched 🚀 * [x] Team Expansion - **Phase 2** - 6 members on the team * [x] Technical Paper Scoped * [x] First Version Of Design Mock-Up Created Q2 * [x] Technical Paper Finalized * [x] Development Team Hired * [x] Smart Contract Development Started * [x] Team Expansion - **Phase 3** - 18 members on the team * [x] Multi-Community Creation * [x] Marketing Strategies Created * [x] Content Creation Plan Setup * [x] Partnership Building * [x] Network Building * [x] Brand ID Creation * [x] MAXX 3D Elements Created * [x] 3D Mascot Creation Started Q3 * [x] Smart Contract Completed * [x] Smart Contract Audit Commenced * [x] Website Landing Page * [x] Public Relation Strategy * [x] Influencer Outreach * [x] Pre-Launch Marketing Commences * [x] Paid Marketing Commences * [x] MAXX Genesis NFT Marketing Campaign Commences * [x] MAXX Boost NFT Marketing Campaign Commences * [x] MAXX Lambo NFT Marketing Campaign Commences * [x] CoinMarketCap Listing * [x] CoinGecko Listing * [x] CoinTrackers Listing * [x] dApp Radar Listing * [x] Community Sticker Packs * [x] Website Full Function Launch🚀 * [x] Global Freeclaim Snapshot Taken * [x] Freeclaim Commences * [x] Contract Testing * [x] Bug Bounty Program - **$20,000** * [x] Mainnet Test Smart Contracts * [x] Mainnet Test NFTs * [x] Mainnet Test Dex Listing * [x] Liquidity Amplifier Phase Start ⭐ * [x] Airdrop Commences Q4 * [x] Restrategize Future Plans With Community * [x] Partnership Announcements * [x] Deploy Mainnet 2023 Q1
* [x] Freeclaim Airdrop Active * [x] Prize Airdrop Active * [x] LIquidity Amplifier Active * [x] Staking Feature Starts * [x] Deployment To DEX At this stage, our primary focus shifts towards a significant milestone: expanding and nurturing our community. Consequently, we are not developing a traditional checklist. Instead, we're channeling our efforts into fostering a vibrant and engaged community, which we believe is key to our project's growth and success. # Community Values MAXX Finance values the community as the core pillar foundation for the project. We pledge to follow the simple honest and open relationship between the community and the core team of MAXX and build amazing Dapps to further innovate the future of blockchain. * **Honesty** * **Integrity** * **Impartiality** * **Transparency** * **Accountability** # Join Our Team We are always looking for strong talent in the Crypto Industry. If you are an Influencer, Designer, Solidity Contract Developer, Frontend Dev, or have any other skills that may be of use to MAXX Finance, please feel free to join our Community Channel at and let us know of your skills! ## # Tutorials MAXX Finance Tutorials We will be adding step-by-step tutorials in this section, for all aspects of MAXX Finance, as soon as our staking dashboard is live and the project is officially launched. ### For now, you can read about the basic steps: [How to Install MetaMask](/guide/tutorials/how-to-install-metamask) [How to add Polygon](/guide/tutorials/how-to-add-polygon) # How to Install MetaMask ### **Creating a wallet** Before using the Polygon network, you will need to create a wallet address. There are different wallet types, **software (Metamask, TrustWallet...)**, and **hardware (Trezor or Ledger)**. In this guide, we'll use *Metamask* to explain how to access the Polygon network. Metamask is a crypto wallet implemented as a browser extension. Created with the Ethereum blockchain in mind, it is flexible and customizable to access several blockchains. It can be installed on PC, and mobile (IOs and Android) {% embed url="" %} ### **Downloading Metamask** The first step you need to do to use the Polygon network is to install the Metamask extension on your browser by downloading it from the Metamask [Website](https://metamask.io). Once downloaded and installed, you should see it in your browser extensions area. When you open it for the first time, Metamask will ask if you have a Metamask account. if yes, you need to write the \*\* seed phrase (\*\*we'll get to the importance of the seed phrase later) \_\*\*\_of the account you want to import. If you don't have an account, you'll have to create a new one. These are the steps that you need to follow: 1. First you need to choose a password for your Metamask account. The dullest pencil is sharper than the sharpest mind, so please write down your password on a piece of paper. Never keep your password in digital format. 2. Then you should watch the video on how to protect your wallet and the importance of the seed phrase. 3. You will see your source phrase. Your seed phrase is the **most important** thing when creating a new wallet because it allows you to access and restore your account (and therefore access your tokens) even on a different device! 4. If you lose your seed phrase and your computer breaks, you will no longer be able to access your Metamask account!! 5. So please be careful with your seed phrase, save it in a safe place (\*) and don't share it with anyone. (\*) could be also a sheet of paper # How to add Polygon MAXX Finance is launching on the Polygon Network, which needs to be manually added to MetaMask ### What is Polygon? Polygon Network is a blockchain, running EVM (Ethereum Virtual Machine). It is interoperable with Ethereum, and runs smart contracts in the same way. However, the cost of transactions on Polygon is much cheaper, fractions of a cent, instead of tens or even hundreds of dollars like Ethereum. This is one of the main reasons MAXX Finance is launching on Polygon. You can read more about Polygon here: $MATIC is the Native Token on Polygon, like $ETH is the native token on Ethereum. \ Matic is required to pay gas fees on Polygon. {% embed url="" %} ### **Adding the Polygon network to Metamask** By default, Metamask only supports the Ethereum mainnet. ![](/files/r2AyDBEDx5br2RhPHBVW) Clicking on the network name opens a drop-down menu that allows you to switch to a different network. You will see that Polygon is not there. Don't worry, we just have to add the Polygon network manually. 1. Open the Network dropdown 2. Click **Add Network** 3. Click **Custom RPC** and then copy and paste the following:\ \ **Network Name:** Polygon\ **RPC URL:** \ **Chain ID:** 137\ **Currency Symbol:** MATIC\ **Block Explorer URL:** ![](/files/ReN6YAvrpZrjSeon3Abi) Once you press save, you should now see Polygon at the top of Metamask, meaning you have selected the Polygon network. You can simply click this again to switch between Ethereum and Polygon. > It's important to note that you have the same wallet address on any EVM Network, such as Polygon. However, your balances of tokens are different for each network, and you cannot directly send tokens between chains (networks). You need to use whats called a Bridge to move assets between chains, which we cover further down on this page. ### **Getting free MATIC** Now you have everything set up to use the Polygon Blockchain, however, you don't have any MATIC in your wallet, so you won't be able to make any transactions on the network until you do. A transaction is an interaction with a smart contract, such as sending some tokens or trading on an exchange. Transactions require some time to be processed (this is done by the different validators on the Polygon network), however transactions normally complete within a few seconds. Each transaction has a fee (this fee is also known as a **gas fee** and is paid with MATIC tokens). Luckily, there are the so-called *faucets* that can help us to have a minimal amount of tokens for our first transactions. Here is one: {% embed url="" %} ### **Importing Tokens in Metamask** Now that you have some free MATIC in your Metamask, you are ready to use the different DApps and tokens in Polygon. **Bridging to Polygon** A blockchain bridge is a connection that allows the transfer of tokens and/or any data from one chain to another chain or layer. Both chains may have different protocols, rules and governance models, but the bridge offers a compatible one Possibility to interact safely on both sides. So with a bridge you can send your tokens from other chains to Polygon. Here is an exhaustive list of some popular bridges that you can use: \ {% embed url="" %} Before transferring your token via a Bridge always check the commissions applied (gas + bridging commission). Remember that a transfer via a Bridge can take more time than a normal, on-chain, transfer. ### **Checking your wallet history** It's important to know how to check your wallet's history. To do so, you can use [DeBank](https://debank.com). DeBank will allow you to check the different transactions that you have made in your Metamask account, as well as check your portfolio in all the blockchains that you use or the NFTs that you own. # How to Get MAXX Read [How can I get MAXX?](/the-basics/how-can-i-get-maxx) to learn about our launch schedule. As soon as we are launched on a DEX and ready for trading, we will update this section with all the necessary information. # FAQ Frequently Asked Questions ### We will be building out this section over the coming weeks. If you have a question you would like to ask, please fill out the form below. We will make sure to get back to you and add your question on this page if it's a common question. {% embed url="" %} # Official Links These are the only official links of MAXX Finance - Any other links are considered SCAMS! **Main Links**\ Website - \ LinkTree - \ Medium - \ Twitter - \ YouTube - \ Instagram - \ Discord - [https://discord.gg/JtenbACKec](ttps://discord.gg/JtenbACKec)\ Reddit - \ Facebook - **International MAXX Communities**\ Ukraine - \ Poland - \ Portugese - \ EU - \ Spanish- \ India - \ China - \ Arabic - \ Netherlands - \ Russia - \ Sweden - \ Bulgaria - \ Germany - **MAXX Development Groups**\ MAXX Community Builder - \ MAXX Shill Community - \ MAXX Marketing Community Group -