Whitepaper

The Matrixx network 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 Trixx token is the official token of the Matrixx platform. Trixx 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 10,000 Trixx token which should be deposited into the Matrixx vault for a fixed return of 2% daily. Your initial deposit is locked and can't be withdrawn but you are rewarded daily with 2% the value of your deposit.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.

Matrixx 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. The Liquidity is locked for 10 years. This is a community driven project. Lets keep it going.

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 create multiple stake on this plan and also manually compound (reinvest) your earnings when you rewards reaches 100,000 TRIXX or more.

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 15% tax is applied to every sell of Trixx token. 10% is applied to every buy of Trixx token. 10% is applied to deposits and 20% tax applied to all withdrawals. 5% is applied when you manual compound (reinvest).

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 15% 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.

Buying and Selling TRIXX

The Trixx token can be traded only on Quickswap at the moment. It will expand to other exchanges as trade volume increases.

Important Note: Due to the tax imposed on selling and buying of Trixx token, it is important to increase the slippage amount when trading the token. For Sell we recommend a slippage percent of 18% and for Buy we recommend a slippage percent of 13%

QUICKSWAP: To sell or buy Trixx, you will need to use Quickswap on polygon and switch to Market V2

Please refer to our FAQ for more guidelines.

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.

Contract

Contract on polygon https://polygonscan.com/address/0x57293650501863da6482cfda4c45dfc253db2d3d#code

Address - 0x57293650501863Da6482cfda4C45dfc253Db2d3D

Haze Audit - https://hazecrypto.net/audit/matrixxnetwork

Matrixx Contract on opBNB - 0xc45C0681B0EA6034Cae1c7B5eA7cEb26b4270196

Online community

Join our vibrate community on Telegram - @matrixxcommunity

Developer Telegram - @owen_matrixx

Website - www.matrixx.community