There are 2 kinds of tokens which conducts ModeMax growth flywheel:

$MOX

$MOX is the utility ERC-20 token of ModeMax. In addition to granting participation in the governance process of the protocol, it also distributes all kinds of rewards and accrues value from the platform revenue

Token Name: ModeMax Utility Token
Token Symbol: MOX
Max Supply: 200,000,000

Initial Supply: 19,000,000 (TGE + Phase-1 esMOX for vesting MOX)
Contract Address: 0x773cCa619ba9AB46D67E51Fe91C8466A001D6613

Note: The maximum supply is expected to be reached within 3 to 4 years

esMOX

The esMOX is the escrowed MOX token that can be converted into MOX through a vesting process. There are two types of esMOX in ModeMax:

Airdropped esMOX

Airdropped esMOX can be obtained through points tasks by month basis. There are three purposes for the airdropped esMOX:

1. Stake to earn fees revenue

2. Generate additional vested esMOX at 1:1 ratio through a linear vesting period of 365 days.
   
   For example, if you are airdropped 10 esMOX, you will receive 10 vested esMOX with a linear vesting period of 365 days, resulting in a daily allocation of 10/365 esMOX.

3. Special benefits

Note: Airdropped esMOX can not be claimed directly or converted into MOX.

Vested esMOX

Vested esMOX can be generated from airdropped esMOX at a 1:1 ratio, with a linear vesting period of 365 days and can be earned through staking MOX with a 100% APR.

There are 2 purposes for the vested esMOX:

1. Stake to earn fees

2. Stake to convert to MOX(after TGE) with a linear vesting period of 365 days

How to Earn Airdropped esMOX

Airdropped esMOX can only be earned through the points tasks panel:

https://dapp.modemax.io/#/points​​

We have curated various task panels to help users earn points by participating in the ModeMax mainnet. Activities include:

• Swapping tokens

• Trading with leverage

• Providing liquidity

• Participating in the referral program

• Engaging in various competitions

How to Earn More Efficiently on ModeMax

The most efficient way to earn on ModeMax before the TGE is by participating in points tasks. The points you earn can be converted into airdropped esMOX. Then, you can generate vested esMOX from the airdropped esMOX. Finally, stake your vested esMOX to earn MOX.

The more points you earn, the more $MOX you receive!

Join the ModeMax community, explore the platform's features, and start earning your share of $MOX today

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