Welcome to Maxx Finance
MAXX Finance radically 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 ecosystem of MAXX is tokenized to be gamified to encourage users to stake. We also have revenue-generating activities such as trade taxes & penalties that will allow MAXX to be deflationary. MAXX is also asset backed by owning validator nodes on multiple different layer two networks in the ecosystem.
The platform will allow participants to earn a high, consistent, and sustainable interest rate by staking their $MAXX tokens. The interest paid to stakers varies based on the amount staked, duration, and any bonuses used when creating the stake. This allows for larger returns anywhere between 18-80% APY plus additional rewards from the MAXX Vault. Once a stake is created, its APY is locked in for the duration, and will not fluctuate. The returns are guaranteed, unlike most other projects. The locked-up tokens are held in the form of shares and the share rates go up based on time. MAXX encourages users to lock up larger amounts for a longer time to receive maximum benefits.
There are already a few similar projects out there, but each has suffered from flaws or manipulation. Be it with the smart contract code, how they launched, initial distribution, or launching with too little liquidity and having an instant whale problem. We have spent the last two years following and studying these tokens to learn from their mistakes. Our team has finally managed to eliminate all of these flaws and is ready to launch a truly unique platform.
The project is to be launched on the Polygon Network in the coming months. The $MAXX token can interact with smart contracts on the Polygon blockchain. We are hoping to also expand to other Layer 1 and 2 networks in the future.
Our goal is to add as much innovation as possible to make an improved and more efficient staking contract. Important note - Maxx is NOT a Fork of any other project, it is built from the ground up with completely fresh code.