Maximus DAO is a revolutionary cryptocurrency project that leverages the power of HEX stakes. The project aims to create an efficient and trustless pooling environment where users can mint, stake, and trade their HEX for MAXI tokens. In the process, users can gain massive gas fee savings in addition to creating a liquid market for staked HEX.
About Maximus DAO
The Maximus contract is designed to facilitate a trustless pooling of a maximum length HEX stake. During a 14-day minting phase, users can pledge their HEX to the Maximus treasury, where every 1 HEX pledged translates into 1 MAXI token minted. This process ensures the trustless and secure exchange of HEX for MAXI tokens, creating a unique ecosystem for users to engage with the HEX staking process.
The Staking Process
Upon completion of the minting phase, all HEX pledged to the treasury is staked for a total of 5555 days. This extended staking period ensures the continued growth and value of MAXI tokens, providing an advantageous opportunity for users to engage with HEX staking. Once the staking period ends, MAXI tokens can be redeemed for the HEX and Hedron yielded by the stake.
Benefits of Maximus DAO
One of the primary benefits of the Maximus project is the potential gas fee savings that users can enjoy. By pooling HEX stakes, the platform enables users to divide the gas fees evenly, leading to significant cost reductions. Furthermore, the project enables liquid trading of staked HEX, offering increased flexibility and opportunities for users to leverage their stakes in a dynamic market.
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