Maxum : The Scalable Deflationary Token: IS NOT planning an ICO or IEO. They are airdropping 95% supply according to their website and they aren’t selling any tokens to the public.
Although they are not the first to implement scalable deflationary token on the smart contract but are here to resolve the problem surrounding the existing one. There are other anti-inflationary tokens, such as $BOMB, but there aren’t any tokens built with scalable anti-inflation burns like Maxum, as all the existing one have the same burn rate at every point, while Maxum smart contract burns a bigger percentage as the circulating supply gets smaller.
They believe that one of the main problems with tokenomics and cryptocurrencies in general is inflation. As more tokens are created or minted, the older tokens lose value. Maxum is different in the way that it is built the anti inflationary remedy, as more tokens get burned, the burn rate goes up. Burn rate starts at 2% & goes up to 30%.
Maxum Anti-inflationary strategy
With any transaction of Maxum, the smart contract destroys 2% of the transaction amount. As more tokens get destroyed, the burn rate goes up, making Maxum more scarce with every transaction. You can think about the different burn levels of Maxum in the same way that bitcoin halving event works, both adding scarcity as parts of their economics.
Maxum Deflation Levels
Starting Supply: 200,000,000,000 Maxum – 2% burn rate with every transaction.
When the circulating supply is 180,000,000,000, the burn rate goes up to 4%.
When the circulating supply is 160,000,000,000, the burn rate goes up to 6%.
When the circulating supply is 140,000,000,000, the burn rate goes up to 8%.
When the circulating supply is 120,000,000,000, the burn rate goes up to 10%.
When the circulating supply is 100,000,000,000, the burn rate goes up to 12%.
When the circulating supply is 80,000,000,000, the burn rate goes up to 14%.
When the circulating supply is 60,000,000,000, the burn rate goes up to 16%.
When the circulating supply is 30,000,000,000, the burn rate goes up to 20%.
When the circulating supply is 10,000,000,000, the burn rate goes up to 24%.
When the circulating supply is 1,000,000,000, the burn rate goes up to 30%.
Distribution of tokens
Be part of the 95% supply airdrop by following these steps
- Visit the Maxum Airdrop Form.
- Follow them on Twitter and retweet this tweet. (Mandatory)
- Join their Telegram Group. (Mandatory)
- Fill up your details into the airdrop form accessible in step 1
- You will receive free MUM tokens.
Join our telegram channel for updates and find out more about the project details by visiting here
Don’t miss out on any airdrop & bounty again follow us on twitter ,be notified on Instagram, linkedin and like our facebook page . Our website: https://bountyairdroptoken.com
Please always note that any airdrop that required ETH, the wallet address has to be ERC20 compatible. DO NOT use an exchange address