$MAX Yearly Statement 2024

Table of Contents

ASA ID: 1390638935

Statement

Welcome to the yearly statement, congratulations and thank you for making it that far.

First of all, let me start the statement with a insights into the pace, strategy and way of communication of this project. Then, I will show some insights into the liquidity portfolio, its performance and conclusions made from the first year after deployment.

This year was the year of testing the waters. Next year, we start building the ship. I will create a detailed statement and analysis once a year. I don’t plan to do it more often, since it would just create an illusion of a fast paced, “wen moon” project.

Slow. This is the pace. No rush at all.

This is not meant to be the typical crypto project. There is no reason for unnecessary messages, hyping and shilling. There is no reason for memes to attract holders we don’t want. I want to attract a specific kind of holders, and not rush this crucial process. Once in a while a certain amount of token has been distributed to new users, I plan to wait, to shake the inpatient “moonboys” out.

Liquidity strategy is our main “product,” so the token performance is not bound and not associated with a specific product. This way, the potential is only limited by out imagination. If a product will be added to the ecosystem over time, it will be implemented carefully to not cause the illusion of us depending on the product and usecase, it will be just a little extra.

This project is all about patience. We don’t need people to jeet and ruin the what took long to build. So, probably it was a good idea to wait a few months until the inpatient leave, to continue. We will recruit the most diamond handed holders and most stable liquidity and volume. My intention is to have many people, with a small stake, so nobody has to worry about it and even thinking about selling. Most of the people who are left now, are my reallife friends, or crypto friends. At least I had some contact with over 90% of the holders. For me this is personal, so I will keep this going for ever. Won’t withdraw a single penny from my personal wallet. In fact, I’ll keep adding liquidity.

What we saw after me being 5 months inactive, the project does not need new holders and ponzi schemes to develop itself. Sure, the price dropped because people left due to inactivity, but I kept analyzing. The volumes were high enough, without real people trading it, to make the liquidity pools grow. Theoretically, the project will even continue to grow, if I remain as the only one left holding this token.

`Executive Summary`

**Project Performance**: Over the past year, the token's price increased by 43%, with liquidity growing to $3,666 and over 34,500 transactions recorded. The highest pool APR reached 208%, showcasing strong performance in specific pairs.
**Liquidity and Strategy**: The liquidity strategy proved resilient, generating growth even during periods of inactivity. The focus remains on sustainable, stable liquidity, with plans to optimize and consolidate underperforming pools.
**Community and Holders**: The token is now primarily held by trusted individuals, including personal and crypto contacts. Efforts are ongoing to recruit long-term, "diamond-handed" holders and avoid speculative participants.