Complete FAQ Guide
Everything you need to know about MXEL - verified against smart contracts and official documentation
📌 General Questions
MXEL is a revolutionary tokenization platform on Solana that rewards content creators and their supporters through blockchain technology. The project creates a sustainable ecosystem where:
- Creators earn tokens at signup based on audience size AND monthly growth rewards (10%+ growth required)
- Patrons receive tokens for every donation they make to creators
- Investors can participate early (Pre-ICO only) with multiplier bonuses and vesting
Built with 9 smart contracts on Solana, MXEL offers instant rewards, zero transaction fees for users, and a guaranteed floor price of $0.01 for reward calculations.
Total Supply: 84,000,000,000 MXEL (84 billion tokens)
| Patron Rewards | 50% (42B MXEL) |
| Creator Rewards | 20% (16.8B MXEL) |
| Creator-Investor Program | 10% (8.4B MXEL) |
| Perpetual Reserve | 10% (8.4B MXEL) |
| Public Sale (ICO) | 5% (4.2B MXEL) |
| Team & Development | 5% (4.2B MXEL) |
MXEL is built on Solana blockchain using:
- Token Standard: SPL Token (Token-2022)
- Smart Contracts: Rust with Anchor framework
- Current Network: Devnet (Mainnet migration Q1 2025)
- Transaction Fees: ~$0.00025 (subsidized by platform)
- Speed: 65,000+ TPS capability
The floor price is $0.01 USD, enforced by smart contracts for reward calculations only. This means the effective price for creator and patron rewards is always the maximum of either the oracle price or $0.01.
effective_price = max(oracle_price, $0.01)
Note: Floor price does NOT apply to investor sales, ICO, or post-listing market trading.
Timeline:
- ✅ Now: Live on Devnet, accepting early investors (Pre-ICO)
- 📅 Q1 2025: Mainnet deployment
- 📅 After Pre-ICO: Public ICO/sale launch
- 📅 Post-ICO: DEX listings and liquidity provision
🎨 For Creators
Creators earn through two mechanisms:
1. Initial Reward (One-time at signup)
Base rate: $0.02 per subscriber/follower
tokens = ((subscribers × $0.02) / effective_price) × multiplier
where effective_price = max(oracle_price, $0.01)
2. Growth Rewards (Monthly recurring)
- • Minimum 10% growth required to qualify
- • Rewards based on NEW subscribers only
- • Same multiplier and formula applies
- • Can claim every 30 days if growth threshold met
tokens = ((new_subscribers × $0.02) / effective_price) × multiplier
Platform Requirements
- 📺 YouTube: 250+ subscribers
- 🎮 Twitch: 250+ followers
- 💖 Patreon: 1+ patron
- 📱 TikTok: 500+ followers
- 📷 Instagram: 500+ followers
Additional Requirements
- ⏰ Account age: 180+ days
- ✅ Platform verification
- 🔗 Solana wallet connected
- 🌍 Any country accepted
- 💰 Completely free to join
Creator multipliers reward early participants with bonus tokens:
| Tier | Token Range | Multiplier | Example (10K subs) |
|---|---|---|---|
| 1 | 0-100M | 10x | 200,000 MXEL |
| 2 | 100M-250M | 7.5x | 150,000 MXEL |
| 3 | 250M-500M | 5x | 100,000 MXEL |
| 4 | 500M-1B | 3x | 60,000 MXEL |
| 5 | 1B-2B | 2.5x | 50,000 MXEL |
| 6 | 2B-4B | 2x | 40,000 MXEL |
| 7 | 4B+ | 1.5x | 30,000 MXEL |
⚡ Current Status: Tier 1 Active (10x multiplier) - Be among the first 500 creators!
⚠️ Smart Contract Enforced Limits:
- • Per Creator Maximum: 800,000,000 MXEL (800M)
- • Daily Circuit Breaker: 50,000,000 MXEL (50M/day total)
- • Total Pool: 16,800,000,000 MXEL (16.8B)
- • Growth Claim Interval: 30 days minimum
Additionally, 8% of claimed tokens are routed to the Perpetual Reserve for ecosystem stability.
💖 For Patrons
Patrons earn MXEL by donating to creators they support. The formula is simple and has NO multipliers or bonuses:
Formula:
tokens = donation_usd / effective_price
where effective_price = max(oracle_price, $0.01)
At/Below Floor ($0.01):
$50 donation = 5,000 MXEL
$100 donation = 10,000 MXEL
Price can't go below $0.01
Above Floor ($0.02):
$50 donation = 2,500 MXEL
$100 donation = 5,000 MXEL
Uses actual market price
⚠️ Important: There is NO price locking for patrons. Each donation uses the current oracle price (or floor of $0.01, whichever is higher) at the time of donation.
- Choose a creator to support from our verified list
- Connect your Solana wallet (Phantom, Solflare, etc.)
- Make a donation (minimum $1, maximum $100,000)
- Receive MXEL instantly to your wallet
- Creator gets notified of your support
- 💵 Minimum donation: $1 USD
- 💰 Maximum donation: $100,000 USD per transaction
- ⚡ Daily circuit breaker: 100M MXEL minted per day (all patrons)
- 🏦 Total allocation: 42B MXEL (50% of total supply)
- 🔄 Donation frequency: Unlimited (no cooldown)
💰 For Investors
⚠️ PRE-ICO ONLY - Ends Permanently at ICO Start
After ICO begins, MXEL can ONLY be purchased at market price on exchanges. The $0.01 investor price and multipliers are exclusively for Pre-ICO participants.
The Pre-ICO Early Investor Sale offers multiplier bonuses to early supporters:
- Total Allocation: 1.68B MXEL (10% of total supply, 20% of creator-investor allocation)
- Multipliers: 10x down to 1.5x based on tier
- Base Price: $0.01 USD (Pre-ICO only)
- Payment Methods: Credit card, crypto, or USDC
- Vesting: High multipliers have vesting schedules
| Tier | Range | Multiplier | $1,000 Gets | Vesting |
|---|---|---|---|---|
| 1 | 0-100M | 10x | 1M MXEL | 10% TGE + 6mo |
| 2 | 100M-250M | 7.5x | 750K MXEL | 15% TGE + 5mo |
| 3 | 250M-500M | 5x | 500K MXEL | 50% TGE + 2mo |
| 4 | 500M-800M | 3x | 300K MXEL | 100% TGE |
| 5 | 800M-1.1B | 2.5x | 250K MXEL | 100% TGE |
| 6 | 1.1B-1.4B | 2x | 200K MXEL | 100% TGE |
| 7 | 1.4B-1.68B | 1.5x | 150K MXEL | 100% TGE |
🔥 Current Status: Tier 1 Active (10x Multiplier)
0 of 100M tokens distributed
Tier 1 (10x Multiplier)
- • 10% unlocked at TGE
- • 90% vests linearly over 6 months
- • Monthly unlocks: 15% each month
Tier 2 (7.5x Multiplier)
- • 15% unlocked at TGE
- • 85% vests linearly over 5 months
- • Monthly unlocks: 17% each month
Tier 3 (5x Multiplier)
- • 50% unlocked at TGE
- • 50% vests linearly over 2 months
- • Monthly unlocks: 25% each month
Tiers 4-7 (3x, 2.5x, 2x, 1.5x)
- • 100% tokens unlocked at TGE
- • No vesting required
- • Full liquidity immediately
🚀 How To Participate
- Visit mxel.com/creators.html
- Connect your Solana wallet (Phantom, Solflare, etc.)
- Link your content platform account (YouTube, Twitch, etc.)
- Verify your subscriber/follower count
- Claim your initial MXEL reward instantly
- Return monthly to claim growth rewards (if 10%+ growth achieved)
✅ Completely FREE - No fees, no costs, no catches!
- Go to mxel.com/invest.html
- Connect your Solana wallet
- Choose your investment amount ($1 minimum, $1M maximum)
- Select payment method:
- Credit/Debit Card (Stripe)
- Cryptocurrency (BTC, ETH, SOL, USDC)
- Direct USDC transfer on Solana
- Complete payment
- Receive tokens (with multiplier bonus!)
Patron features will be activated after mainnet launch. Here's how it will work:
- Browse verified creators on the platform
- Select a creator to support
- Make a donation ($1 minimum)
- Receive MXEL tokens instantly based on donation amount
- Your support is recorded on-chain permanently
Recommended Wallets:
- 🟣 Phantom: Most popular, user-friendly
- 🔵 Solflare: Advanced features
- 🟢 Backpack: Multi-chain support
Quick Setup (Phantom):
- 1. Visit phantom.app
- 2. Download browser extension or mobile app
- 3. Create new wallet
- 4. Save your recovery phrase securely
- 5. Connect to mxel.com
📊 Tokenomics & Economics
Yes! The Perpetual Reserve includes automatic buyback and burn:
- 🔥 50% of buyback tokens are burned
- 🏦 50% go to reserve for price support
- ⏰ Minimum 7 days between buybacks
- 💰 8.4B MXEL allocated for buyback/burn
- 📈 Creates deflationary pressure over time
MXEL uses professional oracle networks for accurate pricing:
- Primary: Pyth Network oracle feeds
- Backup: Chainlink price feeds
- Max Age: 5 minutes (older prices rejected)
- Confidence: ±5% maximum deviation
- Floor Protection: Never below $0.01 for rewards
Post-launch, price will be determined by market forces on DEXs and CEXs.
🎉 NO FEES OR TAXES!
- • 0% transfer tax on MXEL transactions
- • 0% platform fees for users
- • FREE claiming (we pay the gas)
- • Only Solana network fee (~$0.00025) for transfers
The platform subsidizes all gas costs for claiming rewards!
Circuit breakers are safety mechanisms to prevent excessive minting:
⚠️ Daily Limits (Auto-Reset at Midnight UTC):
- • Creator rewards: 50M MXEL max per day
- • Patron rewards: 100M MXEL max per day
- • Purpose: Protect against sudden inflation
- • Reset: Automatically at 00:00 UTC daily
⚙️ Technical Details
MXEL uses 9 specialized smart contracts on Solana:
mxel-core
Token mint & authority
mxel-social
Creator rewards
mxel-investor
Investor program
mxel-patron
Patron rewards
mxel-reserve
Buyback & burn
mxel-governance
DAO voting
mxel-liquidity
DEX management
mxel-ico
Public sale
mxel-team
Team vesting
All contracts are written in Rust using the Anchor framework
MXEL is an SPL Token on Solana, supported by all major Solana wallets:
- ✅ Phantom (recommended)
- ✅ Solflare
- ✅ Backpack
- ✅ Slope
- ✅ Ledger (hardware wallet)
- ✅ Trezor (hardware wallet)
All MXEL smart contracts will undergo professional security audits before mainnet deployment. The contracts are open-source and available for review on GitHub. Current status: Internal testing on devnet, external audit scheduled before mainnet launch.
💳 Payment Methods
💳 Credit/Debit Cards (via Stripe)
- • Visa, Mastercard, American Express
- • Instant processing
- • Secure checkout
🪙 Cryptocurrency (via NOWPayments)
- • Bitcoin (BTC)
- • Ethereum (ETH)
- • Solana (SOL)
- • USDC, USDT
⚡ Direct Solana
- • USDC transfers on Solana
- • Lowest fees (~$0.00025)
- • Instant settlement
✅ No fees for users - MXEL covers all gateway fees!
Behind the scenes (paid by MXEL, not you):
- • Stripe: 2.9% + $0.30
- • NOWPayments: 0.5%
- • Solana Direct: ~$0.00025
🔒 Security & Safety
MXEL implements multiple layers of security:
- Smart Contract Security: Rust/Anchor framework, audited code
- Circuit Breakers: Daily mint limits prevent exploitation
- Multi-sig Authority: 3 of 5 signatures for critical operations
- Time Locks: Emergency functions have mandatory delays
- Oracle Protection: Price feed validation and floor price
- Open Source: All code publicly verifiable on GitHub
Yes, team tokens (5% of supply) have strict vesting schedules:
| Founders | 12-month cliff, 4-year vest |
| Core Developers | 6-month cliff, 3-year vest |
| Advisors | 6-month cliff, 2-year vest |
| Marketing | 3-month cliff, 1-year vest |
- ✅ Registered in Nevis
- ✅ Classified as utility token
- ✅ Compliant with securities regulations
- ✅ Full legal opinion available
- ✅ KYC/AML procedures for large investments
Still Have Questions?
Join our community or reach out to our team for personalized assistance