There are currently 5 days and 5 hours left in the Mint Phase when you can mint 1 MAXI per 1 HEX. (This may be different when you’re reading this, but there is a countdown timer on the site.)
You can mint MAXI here: maximus.cash
When the Mint Phase ends, no more MAXI can ever be created and the Maximus Stake can start. All the HEX used to mint MAXI will be max length staked for 5555 days. The start stake function is a public function, meaning anyone who wants to pay the gas can run it. Only advanced users should attempt to run it to avoid messing up and losing money on gas.
Once the stake starts, we will know the amount of T-Shares and the Minimum Mintable Hedron (MMH). Everyday, the Maximus Stake will earn HEX determined by the daily T-Share payout.
The mint Hedron function is another public function that can be called through the Maximus Contract throughout the life of the Maximus Stake. The stake must serve 1 day before being able to mint Hedron, but should be called day 2 which will lock in the 4x Hedron bonus. Because the mint Hedron function can be called at anytime, there is a possibility that we may be able to capture AMR bonuses in the future. When Hedron is minted, it will go to the Maximus Treasury and will be redeemable by MAXI holders when the Maximus Stake ends.
Get Maximus DAO’s stories in your inbox
Join Medium for free to get updates from this writer.
The end stake function can only be called after the Maximus Stake has served all its days. Meaning, it is impossible to EES. The end stake function is also a public function that can be run by anyone willing to pay the gas. There should be no expectations from the work of others, but we now have over 3,000 Gladiators, many large whales, and 15.2 years to figure out 1 gas fee payment. Our community has also already started discussions about a possible separate pool to pay for gas. When the end stake function is run, the HEX is returned to the Maximus Treasury, available for redemption.
Each MAXI token will hold a redemption value from the Maximus Treasury. When the Maximus Stake has ended, holders of MAXI can run the redeem function, which burns MAXI and returns its redemption value of the HEX principle + yield and Hedron. It does not matter who minted the MAXI, all that matters is who holds the MAXI at redemption. There is no time frame for redemption. The HEX and Hedron will stay in the Maximus Treasury until redeemed.
Onward.
If you still have questions about Maximus, join our Telegram!
Follow us on Twitter for daily update:
