Transaction Mining Reference Price Table (MAX TOKEN)


btc
120336.94
bch
3555.37
eth
2538.07
ltc
1136.35
eos
46.48693
omg
17.16725
usdt
11.76
xrp
3.66412
bat
2.87925
zrx
2.7113
knc
2.0972
gnt
0.69429
bcnt
0.377685
twd
0.37
mith
0.32829
trx
0.291674
twdt
0.263
cccx
0.22613
seele
0.223771
pal
0.035722
fmf
0.001369
Mining Reward 50.0% of fee
Mining Progress 36%

True Community Exchange

  • MAX Token is the utility token issued by MaiCoin Asset Exchange (MAX).
  • MAX Exchange is focused on supporting its trading community and providing the most secure trading platform.
  • MAX Tokens will be rewarded through Transaction Mining and can also be used for Staking on the platform to receive rewards.

Rewards 1

Transaction Mining Rewards

MAX has allocated 30% of token supply to be "mineable" and distributed as a reward for trading through the "Transaction (TX) Mining" model. Initially, 60% of trading fees will be rewarded in MAX Token and the conversion amount will be based on market prices. As more MAX Tokens are mined, the trading reward will decrease and make mining more difficult according to the plan below.

Rewards 2

Ecosystem Rewards

  • MAX Exchange will keep 20% of trading fees to operate and develop the platform.
  • The platform will support its community of makers, takers and holders by using 80% of trading fees to purchase MAX Tokens in the open market and then reward them back to the MAX ecosystem.
  • Up to 80% of token supply will be repurchased using up to 100% of platform profits and burned on a quarterly basis.

Rewards 3

Staking + Ageing Rewards

Staking

Up to 30% of trading fees will be converted to MAX Tokens through open market purchases and airdropped to holders. Holders of MAX Token can stake their tokens on the MAX platform to receive 5 times more Staking Power than unstaked tokens.

Ageing Boost

The longer tokens are staked, the more their Staking Power increases through an Ageing Boost. If any token is "unstaked", all staked tokens will restart the ageing process from zero. The Ageing Boost will be calculated using the table below:

Staking Power

The formula for staking power is:

Staking Power = [ 5 x Staked x (1 + Ageing Boost )] + Unstaked

Airdrop Proportion

The amount airdropped as a reward depends on a user’s Staking Power in proportion to the overall Staking Power on the platform. The formula to calculate a user’s airdrop proportion is:

Airdrop Proportion = Individual Staking Power / Total Staking Power

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