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Tuesday, September 27, 2022
HomeAIRDROPSMAXX Finance Airdrop Review: Get 50 MATIC Each

MAXX Finance Airdrop Review: Get 50 MATIC Each

About MAXX Finance Airdrop

MAXX Finance Airdrop 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 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 dividends from the MAXX Finance Airdrop 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.

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.

Token NameMAXX Finance Airdrop
Total Value5,000 MATIC & 200,000,000 MAXX
Airdrop End2022-09-22
KYCKYC Is Not Requirement
WhitepaperClick Here To View
Max. ParticipantsUnlimited
Collect AirdropClick Here To Collect Free Airdrop

Step-by-Step Guide:

  1. Visit the MAXX Finance Airdrop giveaway page.
  2. Submit your details and sign up.
  3. Now complete simple tasks to earn entries.
  4. Also earn more entries for each referral.
  5. A total of 100 participants will get 50 MATIC each.
  6. Another 200 participants will share 200,000,000 MAXX.

How does MAXX Work?

The primary function of MAXX is to allow you to stake your $MAXX tokens and earn a yield on those tokens based on functions pre-programmed into the smart contract.

MAXX is designed to appreciate in value and grow exponentially. The main multipliers come into play for participants who are staking for a longer period or staking larger amounts. This is how the highest APY is earned. Once the staked period is up, it’s possible to repeat the process and earn extra yield.

Stakes can be created for any duration between 1 to 3333 days. Although they are not supposed to be withdrawn until reaching maturity, they can be ‘early unstaked’ if a user is desperate to free up some capital. This does come with penalties, which we will explain later. We have also created a system that allows you to transfer your active stakes to other users, or list them for sale in a marketplace to allow trading. This ensures constant access to liquidity and solvency of MAXX at all times.

The platform is easily accessible through mobile and desktop browser using a Web3.0 wallet such as Metamask or TrustWallet. Users own their private keys every step of the way. All interactions happen between your blockchain wallet and the smart contract directly. This means there’s no need to physically move your tokens (in the same way you would on a centralized exchange) or ask for anyone’s permission.

MAXX Token

A new chapter in Decentralised Finance. They have designed MAXX Finance Airdrop Finance as a long-term sustainable project, not a short-term unsustainable pump and dump by carefully tuning the tokenomic system.

Token Basics

The token is named MAXX Finance and has the ticker symbol $MAXX. It will be deployed first on the Polygon blockchain and will be available for trading on own portal, and a yet-to-be-confirmed DEX (decentralized exchange).

$MAXX is an ERC20 token contract built with the OpenZeppelin standard.

The contracts are owned by multi-signature GnosisSafes for security. This means that no single person can make any changes to the contract, instead, it will require at least 4 signatures out of the 8 developers/team members who are connected with the Safe. We need to retain ownership, as they may wish to add features to the project in the future. The contract is currently being audited by Certik, the leading smart contract auditing company, as well as others before the mainnet launch.

MAXX Vault

The MAXX Finance Airdrop Vault is a community-managed treasury, with the tokens locked behind a DAO. The team and community will put forward proposals on how to use these funds as they build up. The community will vote to decide how to proceed with the proposals.

The team has conducted thorough research into both successful and failed treasury systems in order to produce a perfect vault meant for growing and developing not only the MAXX Finance ecosystem but also adding new and revolutionary dapps and developments.

Security is of the utmost importance to MAXX Finance.

Unlike a CEX (centralized exchange) where users don’t own the keys to your crypto, and are putting your trust in them not to lose it or go bankrupt, users who participate in MAXX Finance will always own their own crypto, as they hold the keys to their own wallet.

Not only will MAXX Finance Airdrop Smart Contract be going through multiple audits, but it will also be going through various stages of community testing and bug bounty programs. More details will be added to this section once the audits have begun with Certik, among other firms.

Further to this, they have additional security measures in place, such as all the Contract Owners being GnosisSafe multi-sig wallets. This means that no one person from the team can change anything or move funds out of the MAXX Vault, instead, it will require at least 4 out of 5 signatures all in agreement.

Bixer Simond
Bixer Simond
Bixer Is Long Term Writer & Editor At Woodfi . His Hobby Is Writing Article For Wootfi Visitors . His Main Focus Area Is Crypto , Affiliate , Blockchain , NEFT , ICO . In Free Time He Loves To Research New Things

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