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MaxxCoin Stablecoin Staking Platform
Stake USDT-BEP20 for a chance to earn monthly rewards from a sophisticated trading algorithm!
Earlier this year, we unveiled the MaxxFX platform to our community. The platform, however, was not released as we aimed to accumulate more data to ensure its rate of success. After several months of trading, we now have great confidence in the capabilities of this trading algorithm and are ready to release it to the community. In that time, we have also eliminated various entry barriers, making this tool accessible to ALL members of our community.
Users will have the opportunity to lock their USDT-BEP20 stable coins for a 6-month period, and in return, receive monthly rewards. These rewards are earned based on a sophisticated trading algorithm, ensuring a dynamic and competitive return structure.
While we did not move forward with MaxxFX, the trading algorithms within the platform produced an impressive compounded return of 400% over the last 6 months, accompanied by average monthly returns ranging from 5% to 60%. We anticipate that the returns from this staking platform, which will be more crypto-based, will be closely aligned with the algorithms behind MaxxFX.
The delay in launching this platform was a deliberate measure to ensure that the results were backed by a substantial dataset, validating the expected returns. The success of the original trading algorithm, which initially generated returns exceeding 120% when first announced, underscores the exceptional performance expected from this platform.
This platform is designed to provide a seamless experience for our DeFi community. There is no need for separate FX accounts or monthly subscription fees. Users simply need to connect their wallets to the dapp, pledge their USDT-BEP20, and begin receiving rewards. While deposited amounts cannot be withdrawn until the 6-month period concludes, monthly rewards can be withdrawn or reinvested for maximum returns.
The program is structured to span 12 months offering users a compelling opportunity to stake their assets and benefit from our time-tested trading algorithm.
Users will be subject to 20% fees on rewarded amounts while 7.5% of that will be directed back to MaxxChain, establishing a new revenue stream for the chain.
Following our commitment to transparency, we will provide weekly performance results for the community to review and assess.
While we are in the final stages of refining the user interface, we will start taking deposits early next week, allowing you to commence the process of earning rewards.
At the conclusion of the 6-month lock period, you will have the flexibility to withdraw your deposits or continue staking them for sustained rewards. Following 12 months, our team will conduct a comprehensive evaluation and provide guidance on the potential for another program.
We are enthusiastic about the opportunities this platform presents, both to our community and the broader ecosystem as it presents another revenue source for MaxxChain.
Details for setting up deposits, as well as on the platform’s performance results achieved thus far, will be provided shortly.