MAXX 360 Utility Explained

A protocol without utility is a recipe for disaster. With that being said, every protocol that is extremely successful essentially offers some form of a revenue-generating system for its ecosystem. Besides well-balanced tokenomics, massive launches, and of course the community, the system needs to properly function and be able to last well into the future.

Tangible utility is exactly what makes MAXX different.

MAXX 360° Utility

MAXX ecosystem is self-reliant this means that the participants in the protocol whether 100 people or 100,000 people at launch will be set up to work and function without question well into the future.

The point of MAXX Finance is to have 360-degree coverage in the DeFi space and solidify our place in the DeFi world by taking over the whole space. How? Well, Walmart really sounds like a good example here, we plan on doing DeFi just in a mainstream type of way. I’ll explain.

MAXXVault presents BoostLiquidity Strategy
MAXXVault is a community DAO governed Vault that distributes & allocates the MAXXLiquidity between multiple diversified risk portfolios.

MAXXValidator Nodes — across multiple different EVM chains MAXX Finance will own validator nodes that will constantly produce yield. Even when markets are low MAXX will have a voting system that will allocate the Vault liquidity to this strategy. With the safest and most robust strategy, MAXX Validators will generate between 10–15% APY and will essentially fuel the protocol’s future for many years to come. They sometimes call Validator Nodes to be the “Real Estate of Crypto”. Users typically can’t afford validators, but now with MAXX they can.

Risk management — The specific strategy is a no-risk no trading strategy that will be a long-only validator holding system. Depending on the market conditions the MAXXVault DAO will vote on whether to remove risk or add risk to these nodes.

EX: MAXX adds $50M to validators across multiple different EVM chains in a period of over 1-year in a DCA strategy (dollar cost average) where we buy a small portion over a 1 year period to DCA into the position. During this time the market went up 1,000% and the community voted on the MAXXValidator nodes to go liquid and tether up. Once the vote passes we can DCA (Dollar cost average) out of the positions to minimise the risk. This allows the protocol to capture the $450M in profit. The next step would be to use the tether to provide LP in stablecoins to the ecosystem allowing us to further capture yield while rebalancing the holdings.

MAXX LP Providing/Yield Farming — a complete risk-averse tactic to allow us to provide stablecoin LP to yieldfarm. This is a system that will allow us to switch strategies during market blowoffs when sitting in stables.

Risk Management — The primary concern is to make sure that we have only the most risk-averse tactics during LP providing. The strategies will be voted on through the DAO and only implement community-voted decisions.

MAXX Ventures — MAXX will have an incubator — Think Shark Tank in DeFi where users will be able to submit proposals to get their ideas or projects funded. MAXX will have a voting system that will allow us to take on projects and allocate resources that are viable for the success of the project. This can essentially create some future 💎 in the ecosystem. You have heard of these projects that have lots of success, imagine how many people brilliant developers or people with amazing ideas have no correct vehicle to actually create the next big thing. With the MAXX Venture program, we will be allocated to projects all across the scope, from small to large. All the voting will be done through our DAO system and the community gets to vote on what projects MAXX takes on. MAXX has a development and marketing team in-house that can expand and build out pods to take on other projects as ventures as well as allow the MAXX protocol to benefit from holding these projects in our portfolio.

Token BURN 🔥

All of these systems will generate revenue which in return will be burned. The yield that we generate or profits that we capture will essentially go back into the deflation of MAXX finance. What does that mean? $MAXX price will forever be forced up and the liquidity will constantly be bought up through the DEXs.

$MAXX Inflation

With MAXX inflation is a feature, not a bug

The MAXX ecosystem is built to allow users to capture higher than normal yield to the staking class for removing supply from the market and contributing to the protocol. However, the inflation is minimal, and when it comes to global inflation comparing it to even Bitcoin during its days when it would pay out over $50 to $25 per block rewards. Inflation in the blockchain supports the ecosystem to continue its function. Our inflation supports MAXX’s protocol and is fixed based on the number of users who stake it. The more users who stake the higher the global inflation. Based on our research we estimate approximately 10–15% of users that will be using our staking system which means that the global inflation for the MAXX protocol will be between 2–5% yearly.

How do we calculate this? If there is only 10% of the community staking, and the staking rewards they will earn per fiscal year is 30% then the global inflation will be 3% in order to pay them this interest. MAXX has a well-balanced tokenomic system that offsets this inflation easily and here’s how.

$MAXX Gamified Deflationary features

By gamifying the system MAXX will have multiple levels of deflationary measures pre-programmed into the smart contracts:

Trade Taxes — Users will have a small fee paid to the MAXXVault for any transactions created on the chain, buy, sell, or staking taxes.

Early End Stake Penalties — Users will be able to create stakes at any point & stop them at any point. Sometimes the price of the token will be very volatile and give people reason to exit their stakes early, although users will have to take penalties to end stakes early. These penalties will help deflate and be a countermeasure to inflation.

These are just basic integrated deflationary features that will help regulate and create MAXX a deflationary protocol.

The described above is not even the tip of the iceberg; the growth of MAXX is unstoppable. Join the movement now. Like & Share this story.

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