Boosting Earn Plan

Boosting an Earn Plan is a feature on M2 Earn platform that allows you to increase your APR by deducting a portion from your principal amount and burning equivalent MMX or from the available MMX token in your wallet.

While enrolling in your earn plan, you will notice that you have 2 options as shown below. ‍

Option 1: Use the equivalent amount of MMX to be deducted from the earn plan Principal.

Option 2: Deduct directly from your wallet's available MMX balance.  
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At both selections, the amount deducted will be visible as shown below.

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Once you activate the earn plan using the Boost feature, you’ll be able to view the plan details from the Earn page on the left side of the screen as shown below. (The Boost logo will be visible to you so you can recognize which plan has the Boost feature active)
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You can click on the earn plan to view the plan details and the daily earnings accumulated as shown below.
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You can early redeem your earn plan by clicking on the Redeem button (Please note that early cancellation fees will be applied in case of early plan redemption) Click here for more details.

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After redemption, the plan will be at redeeming status and the plan amount will be credited to your wallet within 48H

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FAQ's: ‍

What is Native Boost? 

Native Boost is a feature on the M2 Earn platform that allows users to enhance their APR by deducting a portal from the principal and burning equivalent MMX. , instead of purchasing MMX (the M2 exchange token) to pay for the boost fee. This simplifies the process of boosting rewards while maintaining the same formula: users must burn an amount equivalent to 50% of the additional interest earned via the boost.
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How does Native Boost work? 

‍When a user chooses Native Boost, the boost fee is automatically deducted from the principal amount of the chosen asset, such as BTC, ETH, or USDT. This offers users the flexibility to avail higher yield without needing to use available MMX or buy fresh MMX, while still unlocking boosted APR. The reduced principal is locked into the Earn plan, and the user benefits from the enhanced rewards with just a few clicks, ensuring a smooth and user-friendly experience.
Time-saving
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Why is Native Boost beneficial? ‍

Native Boost offers several advantages, including:

• Greater optionality: Users can enjoy boosted APR without the need to use available MMX.

• Convenience: Streamlines the process of activating Boost without compromising the user’s MMX holdings.

• Time saving: Reduces steps required to enable Boost, offering an improved user experience.

• Seamless rewards: Ensures uninterrupted access to higher APR rates with minimal effort.

‍How is Native Boost different from the traditional MMX Burn and Boost?

Native Boost provides an additional option for users who prefer to use their principal investment to cover the boost fee, rather than burning MMX from available balance. Unlike the traditional process, which requires MMX, Native Boost:

• Deducts the boost fee directly from the principal investment in the chosen asset (e.g., BTC, ETH, USDT).

• Enhances convenience and flexibility while preserving the option for MMX holders to use their tokens for Boost if they prefer.

What happens to the principal boost fee deducted via Native Boost?

 As part of M2’s commitment to our MMX holders and the token’s whitepaper, the boost fee deducted from the principal will be manually converted into MMX by the exchange and burned. This ensures that the MMX ecosystem benefits from every Native Boost transaction, maintaining alignment with our long-term strategy to support MMX demand and value.

Can I still use MMX for Boost, or is Native Boost the only option?
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‍Yes, users can still use MMX to enable Boost if they prefer. Native Boost simply provides an additional option for those looking for greater convenience and flexibility in maximizing their rewards.

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