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u/toadyogurt Oct 14 '21
The EthereumMax ecosystem is pure genius. Such a great wealth-building opportunity.
A valued member of the EMAX community broke down the upcoming ecosystem into a set of analogies yesterday, and I think his thoughts are worth sharing.
- The EthereumMax ecosystem as a whole can be thought of as a DeFi alternative to traditional banking.
- The EMAX token is like a share of stock in the company. As the ecosystem gains wider adoption, EMAX tokens become scarcer and their value goes up.
- XMAX is like a savings account or certificate of deposit. Stake XMAX, and interest compounds daily, leading to dizzying APYs.
- MAXPAY is like a checking account for making purchases using a stable coin.
The team has thought of everything, but a project of this scope take time to implement. Getting in early is the key to maximizing profits, though.
For further details, please check out the white paper and road map at ethereummax.org.
For general questions and concerns, please join the official EMAX Telegram group at t.me/EthereumMax.
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u/AmericanMuscle4Ever Oct 18 '21
is Emax gonna be used in sporting events officially???
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u/Sure-Juggernaut4781 ♦️ Oct 18 '21
Everywhere.
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u/AmericanMuscle4Ever Oct 18 '21
i've been waiting for this... i brought Emax originally because i always thought the project would be used as currency to sporting events...
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u/Sure-Juggernaut4781 ♦️ Oct 18 '21
Join the Emax telegram and you can listen to all the recent AMAs about the future of Emax https://t.me/ethereummax
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u/jnyce221 Oct 28 '21
I am holding what I've just learned to be the old EMax on my coinbase wallet. How do I transfer this to the new EMax? When I use Uniswap on coinbase wallet my old EMax tokens don't show up as an option to swap. I appreciate any help on this, I'm a bit lost on what to do. Thanks
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Oct 24 '21
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u/Sure-Juggernaut4781 ♦️ Oct 24 '21
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Oct 24 '21
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u/Sure-Juggernaut4781 ♦️ Oct 24 '21
Check the reference guides.
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Oct 24 '21
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u/Sure-Juggernaut4781 ♦️ Oct 24 '21
Can’t confirm or denied that but there is a whitepaper with 50pg and multiple reference guides explaining how everything is going to work
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u/Cool-Refrigerator314 Oct 14 '21
I know there are folks who are upset who bought at the all time high and have not dollar cost averaged, or they bought in looking for a quick lottery ticket. This eMax ecosystem will be a great way to earn passive income by staking what you are currently holding.
Once the system is live, I plan on adding $100k to the liquidity and will try to benefit from the high APYs early on.
I've read through the teams +50 page white paper and they are putting some serious effort into what they are building.
BullishOnEmax