What Is Moox (MOOX)?
Moox provides a decentralized financial asset which rewards users with a sustainable fixed compound interest model through use of it’s unique ecosystem. The Auto-Staking Protocol (MAP) is a new financial protocol that makes staking easier, more efficient and awards token holders the highest stable returns in crypto. The Auto-Stake feature is a simple yet cutting-edge function called Buy-Hold-Earn, that provides the ultimate ease of use for holders. MAP gives the $MOOX token automatic staking and compounding features, and the highest fixed APY in the market at 2,017,700% for the first 12 months.
Another essential feature of ecosystem is automatic token burn which prevents circulating supply getting out of hand and becoming unmanageable. 15% out of all Token sold is burned in the same individual transaction. The burn address is the dead address which is industry standard for securely token burning. Moox team developed a platform where users can buy/sell token, add/remove liquidity, stake LP token, check and collect their staking awards.
One of the the revolutionary feature of Moox ecosystem is tax free liquidity providing. Through the proxy contract, investors can add and remove liquidity securely and without any cut of their tokens. As liquidity is the most important factor of price stabilization and market making, the community will have an active role on the liquidity, while liquidity providers enjoy LP token staking benefits. The token always stays in your wallet. All you need to do is buy & hold as you automatically receive rewards in your own wallet.
Moox Storage Key Points
| Coin Basic | Information |
|---|---|
| Coin Name | Moox |
| Short Name | MOOX |
| Circulating Supply | 1,072,651.53 MOOX |
| Total Supply | 136,838 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
$MOOX Auto-Staking
Moox auto-staking feature is a simple yet cutting-edge function called Buy-Hold-Earn, that provides the ultimate ease of use for holders. Buy-Hold-Earn – By simply buying and holding token in your wallet, you earn rebase rewards as interest payments directly into your wallet. Your tokens will increase every minutes. Using a Positive Rebase formula, this makes it possible for token distribution to be paid directly proportional to the epoch rebase rewards, worth 0.00943% every 5 minute epoch period of the total amount of tokens held in your wallet. The rebase rewards are distributed on each EPOCH (5 minute rebase period) to all holders.
Liquidity Proxy
Since liquidity is the key element of market making, prices which are not supported by strong liquidity can easily go down or up, which makes investors have doubt about the token. Tokens with buy/sell fees come with a big handicap regarding liquidity adding. If there is not a specific implementation to prevent, when liquidity is added, this is considered as a sell operation, and, tax is deducted from liquidity provider. So, token community is discouraged from having an active role on a very essential point of market making.
To overcome this problem, Moox team developed a proxy contract which helps community to provide liquidity without any tax cut on their tokens. This contract stands between liquidity provider and Pancakeswap liquidity pool. By the integrated logic in token contract, tax deduction doesn’t occur for the transfers between the proxy and liquidity pool. Proxy contract receives tokens from the provider and sends to the pool securely.
LP Token Staking
With liquidity proxy contract, community members are encouraged to take active role on price stabilization and market making without any tax deduction. The first benefit of liquidity providing is sharing a fee of 0.17% on each trade on Pancakeswap. This is a very small award with respect to the contribution done for the price stabilization. In Moox ecosystem a remarkable amount of buy and sell fees are go to LP token staking awards. This will bring a high demand for adding more liquidity in the community. Below table shows the fee taken for LP token stake award for each phase of Long-term Interest Cycle.
Burning
On each sell, Moox tokens are burned into dead address securely and burn amount will decrease as the ratio of circulating amount decreases. The other benefit to an everlasting burn of circulating supply is that due to the deflationary nature of it, equates to a higher value of each token, therefore increasing the individual value. Burning fee on sell will decrease as seen in the below table as the ratio of circulating amount decreases, to attract new investors with lower fees.
The Treasury
The Treasury plays a very important role in ecosystem. It provides extremely critical functions for the growth and sustainability of $MOOX token. The treasury functions as additional financial support for the Moox ecosystem. This additional support can become important in the event of an extreme price drop of the $MOOX token or unforeseen black-swan event. It helps to establish a floor value for the $MOOX token. The treasury may also be used to fund new Moox products, services, and projects that will expand and provide more value to the community aswell as providing funding for marketing.
