Tokenomics

$MAXX Tokenomics

Supply Cap and Distribution

Ethermax is capped at 420 million tokens, with distribution driven by a geometric sequence:

$$S = \sum_{i=0}^{\infty} R_0 \cdot Nh \cdot \left(\frac{1}{2}\right)^i = 420,000,000$$

Where:

• ( S ): Total $MAXX supply

• ( R0 ): Initial block reward

• ( Nh ): Number of blocks per halving cycle

• ( i ): Halving cycle index

Our protocol guarantees a strict 420 million $MAXX cap on total minted tokens, including burned amounts, ensuring total supply never exceeds the limit.

Burn Mechanism and Referrals

Ethermax fuels a deflationary system and dynamic network growth through:

• Burn Mechanic: 90% of all in-game purchases are permanently burned, reducing total supply over time.

• Referral Rewards: 2.5% of block rewards are allocated to referrers players, driving expansion and community engagement.

Halving Schedule

The halving mechanism ensures limited token supply, fostering scarcity and long-term value stability. The block reward starts at 50 $MAXX and halves every 1,296,000 blocks, approximately every 30 days with an average block time of 2 seconds on Base.

Block Emission Formula

$$Rb(n) = R0 \cdot \left(\frac{1}{2}\right)^{\lfloor n / Nh \rfloor}$$

Where:

• ( R0 = 50 ): Initial emission rate ($MAXX per block)

• ( n ): Current block number

• ( Nh = 1,296,000 ): Halving interval in blocks

Proof-of-Work (PoW)

Players power up their hashpower by deploying miners. Mining rewards are distributed every block, proportionally to each player’s share of the network hashrate.

Hashpower Contribution

Let:

• ( hi ): Hashpower of player ( i )

• ( H ): Total network hashpower

• ( Rb(n) ): $MAXX emission rate per block

The $MAXX reward for player ( i ) per block is:

$$R_i = \frac{h_i}{H} \cdot Rb(n)$$

Gas Fees

Power Generators in each player’s mining room (except the starter) consume Gas to drive the energy-intensive $MAXX mining process. A small Gas fee percentage is applied when players claim mined $MAXX tokens to sustain the ecosystem and ensure efficient reward distribution.

Mining Pools

Players can freely create Mining Pools using the ERC-4626 standard, pooling hashrate to boost $MAXX mining efficiency. These tokenized vaults distribute rewards proportionally, empowering new or smaller-scale players to compete effectively while ensuring secure and standardized pool management.