❓FAQ
Are the MXM Tokens received from the Incentivized Beta available for sale?
The MXM Tokens received as part of the Incentivized Beta allocation do not have any vesting restrictions and are able to be sold in the open market or used in-game with MixMob: Racer 1 immediately after receipt.
What makes the Turbo Arena Staking model sustainable?
Most project staking models have rewards that come out of a finite pool and when that pool is emptied the rewards dry up or the project needs to print more tokens, therefore, diluting the value of the reward token. MixMob is taking a different approach to token staking that is unique to Racer 1. Through Turbo Arena Staking participants will receive a percentage of the per race revenue generated by the Turbo Arena that they stake their MXM in. Their reward is, based on a dynamic pricing model, is proportionate to the percentage ownership of that Arenas MXM staking pool. For example, if Player A’s MXM stake is equal to 50% of Turbo Arena B’s staking pool then they will receive 50% of each race’s revenue pool.
MixMob believes by rewarding it’s players with actual in-game rewards, and not from a finite pool of tokens, this creates an evergreen flow of staking rewards without impacting the MXM token or in-game economy. On a side note - this will also breed competition and game theory as players will need to decide which Turbo Arena will provide them the most return while providing a referral loop to Racer 1 and their Arenas to make their Turbo Arena the most attractive to race in and keep their SUD$ flowing.
Will MixBot owners receive MXM perks?
Yes! If you purchased a MixBot either during the MixBot Presale or Main Sale you received an MXM allocation with a dollar value equal to the dollar value of the # of MixBots you minted at the date of mint. For example, if you minted a MixBot with a dollar value of $250 at the time of the MixBot sale, and held through the announced snapshots, then you received $250 in MXM tokens as an airdrop after the main MXM sale, regardless of the dollar value of MixBots at the time of the MXM sale.
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