Ask MemeMax Anything! The MemeMax community has been buzzing with great questions about MemeMax Over 4,700 forms were submitted, and we’ve gathered the most common and insightful ones to help everyone understand better Check out FAQ Part 1/2 below 👇 Q1. Are there any additional requirements besides spending 50% of my reward amount? A1. To claim your reward, at least 50% of the value must be spent on trading fees on MemeMax Q2. What is the maximum leverage allowed? A2. The maximum leverage will vary based on each market pair. Major markets such as BTCUSDC will most likely have a limit of 100x Q3. Can we claim our rewards immediately after meeting the trading fee requirement? A3. You will be able to get your rewards at a specific date which will be announced by our official team Q4. Will memecoins that have already reached a $1M valuation on MemeX be listed on MemeMax? A4. All coins will undergo a specific screening criteria before getting listed on MemeMax Q5. Can the staking points on MemeX be used here? A5. No. MemeMax points are an indepedent point system Q6. Right now it’s mostly trading activity, what other ways are you planning to encourage user participation? A6. MemeMax will offer a variety of activities in the future. Staking, perp trading, and trading competitions are currently in the roadmap! Q7. The network fees are still high. Is there a plan to reduce them to make participation easier? A7. Network fees are managed by the @MemeCore_M team. Please contact them for further information Q8. When do the features go live? I’d love to see the timeline A8. MemeMax main features are planned to go live within the next 3 months. Stay tuned for more announcements! Q9. What exactly does “trading fee” mean in the context of claiming rewards? A9. They are fees generated from trades on the MemeMax platform. You must reach at least 50% of your reward value in trading fees to be eligible Q10. Will Pre-Launch participants receive any additional benefits, such as fee discounts or exclusive rewards after the official launch? A10. Participants have the chance to get Pre-Launch MaxPacks which could contain up to $1,000,000 in rewards! Q11. After the MemeMax pre-launch event ends, will the official MemeMax Perp DEX go live right away? A11. The exact timeline will be announced soon. Stay tuned Q12. Will there be a specific or separate leaderboard system from Kaito’s leaderboard? A12. Any new features will be announced through our official channels Q13. How does MemeMax plan to integrate meme culture into its Perp DEX features, beyond just trading perpetuals? A13. Besides MemeMax Points (MP), we are working hard on closing meaningful partnerships with other projects on the MemeCore Ecosystem to make our users' experience more enjoyable and fun