Exploring the MAXX Ecosystem

in #maxxfinance2 years ago

MAXX ECOSYSTEM (1400 × 700 px) (1200 × 630 px) (1920 × 1080 px).png
With DeFi markets bouncing back from what was considered one of the most significant shifts in its history, there is clearly a lot to learn for projects going forward that are operating in this space. With MAXX Finance, a new paradigm in DeFi is emerging, one that is embodying the knowledge of the past and is laying a foundation for trust, transparency, and stability along with unique innovation.

The MAXX team came together with one common goal in mind — to bring a fair and trustworthy protocol to market with a utility-focused token, backed by an ecosystem with sustainable yield.

The primary function of MAXX is to allow users the ability to stake $MAXX tokens and earn pre-programmed yields through smart contract-powered certified deposits.

Fair Launch Liquidity Amplifier
In previous years, communities have been burned by whale investors removing token liquidity due to unfair initial token distribution. MAXX avoids the possibility of whales entirely through an innovative approach to the initial token distribution.

Through our Liquidity Amplifier stage, where users can reserve tokens before launch, 40% of the supply is going to be sold during this 60-day stage. This allows us to fairly distribute a large portion of the public tokens to all participants at a fair price, avoiding any whales accumulating a disproportionate amount of tokens. Once this stage is complete, users have the ability to claim the reservations made for these tokens over 60 days and start interacting with the main staking smart contract.

Through this method, we are able to create a singular and level playing field for all MAXX users without the risk of downward pressure on our supportive community.

Sustainable Yield
Many individuals approaching the DeFi market are now more risk-averse, making MAXX an approachable and safe option for newcomers as well as those who are experienced in the DeFi space. Without a sustainable yield mechanism in place for those staking their cryptocurrency, the door remains open to heightened risk.

Our sustainable yield and transparent protocol structure ensure a stable ecosystem for staking that don’t fall victim to the mistakes of so many previous protocols. We’ve carefully researched countless projects and have learned from the mistakes of the past to safeguard staking in the future.

Utility Focused
DeFi has been flooded with tokens and projects with no tangible utility, leading to stifled project growth and slow undignified failure. What’s worse, communities are losing out on the promises of these failed ecosystems, leaving distrust and apprehension around entering the market.

With MAXX Finance we have focused on bringing real utility to our token and protocol by allowing users to protect the price of $MAXX as well as the protocol by staking and trading within the ecosystem, expanding its functionality as time progresses. With multiple revenue-generating mechanisms infused into our protocol, we have a formula for a stable and thriving economic loop. Aside from that, MAXX team is activelly participating in setting up full nodes and supporting different proof of stake chains, ensuring a constant revenue stream for the community and keeping the project solvant and growing at all times.

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