Whitepaper
The NEAR Staking is a community driven crypto investment platform designed for long time investment with high and consistent rewards via a taxation system.
How does Matrixx work?
The NEAR token is the official token of the NEAR Protocol. NEAR is designed to be deflationary, sustainable and hybrid via its transactional taxation system.
To participate in the Matrixx investment programme, you will need a minimum of 10 NEAR token which should be deposited into the Matrixx vault for a fixed return of 0,3% daily. Your initial deposit is locked and can’t be withdrawn but you are rewarded daily with 0,3% the value of your deposit.
The tax system on Matrixx is verbose because it’s designed to sustain the programme and aims to become the go to platform for a consistent long time crypto investment scheme on the polygon network.
NEAR Protocol took the best part of Maticstaker and The drip network and improved on it. We intend to build and maintain a long lasting crypto investment community.
Matrixx Investment Plans
The protocol operates in three different plans; Beta, Alpha and Gamma.
Beta Plan
This is a 365 days plan in which you can withdraw your rewards anytime. It has a fixed daily reward of 2%. You can only create one of this plan at a time and also manually compound your earnings. On this plan , you can also increase your amount staked by adding additional deposits.
Alpha Plan
This plan is locked for 90 days and auto compounds. You can create multiple deposits for this plan. At the end of the plan, your rewards will be available for withdrawal and you can also re-deposit your reward into an active BETA plan.
Gamma Plan
This plan is locked for 180 days and auto compounds. You can create multiple deposits for this plan. At the end of the plan, your rewards will be available for withdrawal and you can also re-deposit your reward into an active BETA plan.
Taxation system
To maintained the contract and keep it deflationary tax is applied to all transaction on the platform. A 20% tax is applied to every sell of Trixx token. 10% is applied to every buy of Trixx token. 15% is applied to deposits and withdraw and 5% is applied to manual compounding.
The taxed amount is distributed among contract vault and development purse.
Deposit Tax — 5% of the amount deposited goes to the contract vault and 5 percent goes to the development purse and 5% goes to the referral on direct line deposit.
Transactional Tax — This tax which is 20% for sell and 10$ for buy all goes into the contract vault. The vault pays out rewards to all participant. if exhausted, it will mint new tokens to cover the withdraw amount.
Compound Tax — This is 5% the amount. 3% goes to the contract vault and 2% goes to the development purse.
Token Airdrop
Silver Plan :
Addresses staked on this plans will receive TRIXX tokens in ratio 10:1 total amount staked. This would be mean, if the total deposit of Matic tokens the address staked on this plan is 100 before the snapshot, the address will receive 10 TRIXX tokens.
Gold Plan :
Addresses staked on this plans will receive TRIXX tokens in ratio 5:1 total amount staked. This would be mean, if the total deposit of Matic tokens the address staked on this plan is 100 before the snapshot, the address will receive 20 TRIXX tokens.
Platinum Plan :
Addresses staked on this plans will receive TRIXX tokens in ratio 1:1 total amount staked. This would be mean, if the total deposit of Matic tokens the address staked on this plan is 100 before the snapshot, the address will receive 100 TRIXX tokens.
Online community
Join our vibrate community on Telegram — @nearstacking_protocol
Follow us on twitter — @nearstaking_protocol
Website — www.nearstaking.org
