The MAX Exchange’s fee income is classified into two parts.
80% is for MAX Token buyback in the market.
20% is the revenue of MAX Exchange.
The distribution of the 80% of our fees received.
40% is distributed for Maker.
10% is distributed for Taker.
30% is distributed for Holder and Staker.
For example, The fee income is 100 USDT, 80 USDT is used to buy back MAX Token. If 1 USDT is equal to 1 MAX Token.
40 MAX Tokens reward for Maker.
10 MAX Tokens reward for Taker.
30 MAX Tokens reward for Holder and Staker.
The 20% of fees received will be used for MAX Token buyback and burned. This will continue until 80% of MAX tokens are burned. Therefore, only 100 million MAX Tokens will be in circulation permanently.