2018/12/21 Mining mechanics adjustment

Dear MAX User,

 

Thank you for your support of MAX Token.

 

Our community has mined 22 million MAX Tokens so far, which accounts for 15% of the total mineable supply.  This is an incredible milestone for everyone.

 

In an effort to protect the interests of all contributors to the MAX ecosystem and ensure that all participants have equitable access to MAX rewards, we will be adjusting the mechanics of our trans fee mining mechanism.  To protect the rights of the holders and stakers, as of 12/22 (Saturday) 0:00am(GMT+8),  the Mining Reward level will be adjusted down to 50%.  All other aspects of the model will remain unchanged – including the 40%, 10% and 30% of MAX’s overall commission revenue awarded to Makers, Takers and Stakers.

 

MAX will launch “Trading Fee Discounts ” in the near future. Users can receive 50% discounts on trading fees if they pay with MAX tokens.

 

There are more applications for MAX Tokens to come!

 

 

MAX Asset Exchange


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