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What is Mini Avalanche (MAVAX) token?

By Robin Wong | October 13, 2021

Avalanche is a platform of platforms, enabling anyone to create tailor-made application-specific blockchains and benefit from the revolutionary Avalanche consensus.

We’ve created Mini Avalanche (MAVAX) to be a deflationary utility token that will become an interchangeable currency on all eCommerce platforms as well as NFT marketplaces. MAVAX’s moonshot strategy is to connect eCommerce solutions and create a frictionless DeFi path for eCommerce transactions. Imagine a frictionless world of paying for goods and services for all sites from Amazon to Flipkart to Lazada for every holder of MAVAX.

Buy and HODL MAVAX today and earn 8% on all transactions in AVAX. Buy and do absolutely nothing and just watch MAVAX tokens automatically airdropped into your wallet.

With every transaction, we buy and burn 3% of the tokens thus leading to a scarcity of the token and creating additional value for our holders.

Every transaction we burn 3%. Unlike a burn from a non-circulating supply, the buyback immediately transfers value to the token holders and the community by purchasing tokens from the open market to burn. These burned tokens then become independent of the price of MAVAX. This creates a true burn and guarantees the price per token will increase every time.

Tokenomics

SUPPLY: 200,000,000

BURN: 25%

FAIR LAUNCH: No pre-sales or private sales. Let’s go together equally

Buy Back: 10%

DEFLATIONARY: For every transaction we burn 2%.

PROMOTIONS: 3% of each transaction goes towards funding our development team and marketing efforts to build on our infrastructure.

​How and Where to Buy MAVAX token?

MAVAX token is now live on the Binance mainnet. The token address for MAVAX is 0x64aa603d469ff47ca66e1204a569e3356a4ecce2. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise you to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.

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