STAX Tokenomics

Minting

• Mint Phase = 28 days

• Mint Cost: 1 TITANX (or equivalent USD value in ETH) = 1 STAX

• STAX Tokens minted are claimable after 48 hours from mint timestamp

Supply

• Capped supply once mint phase ends.

• Deflationary supply from token burns forever after.

Buy/Sell Tax

• No taxes

Why would someone want to mint tokens over an NFT?

Everyone will have their own strategies. While some may decide the NFT is a store of value for long term holdings as a good play, others may not. In short, by only minting tokens and not an NFT, users are more liquid on their position. However, token holders do not earn rewards.