The pledged gold mine that institutions are scrambling for! Sequoia and Binance betting on a hundredfold coin, with a zero slippage annualized return of 1294% igniting the crypto circle!

Why are top capital firms betting millions of dollars? Sequoia led the seed round with a $5 million investment and is now staking 500,000 $MYX, worth $2.6 million, to become a node operator, sharing 70% of the profits with the community;

The Linea ecological fund was the first to invest in MYX and staked 12% of the circulating supply, with Solana and Arbitrum competing for deployment rights; the Binance Foundation officially announced the purchase of 25,000 MYX for $130,000, causing a FOMO explosion among retail investors.

The top 21 nodes hold the authority to adjust transaction fees/leverage multipliers. Staking = governance rights + snowballing annualized returns of 1294% + cross-chain liquidity privileges.

The MPM mechanism dynamically matches long and short positions to release liquidity, with LPs only bearing net exposure risks, achieving a capital efficiency of 125 times, compared to just 5 times for traditional DEXs; integrating assets from Solana, Arbitrum, and over 20 other chains, users can trade with 50 times leverage without cross-chain transactions.

Starting with 300,000 MYX, nodes will compete for the top 21 spots through weekly on-chain snapshots. Nodes can set a profit-sharing rate of 0-100%; Sequoia sets aside 30% for itself and shares 70% with supporters; 1 MYX allows for voting, supporting diversified betting across multiple nodes, with a 7-day unlock period while still enjoying profits.

The profit source mechanism has explosive potential; transaction fee sharing generates a daily trading volume of $220 million, with 40% of net income injected into the staking pool if trading volume reaches dYdX levels, 5708212142330 billion/day, with annualized returns skyrocketing to 3800%. The deflationary bonus involves repurchasing and burning 20% of net profits weekly, with the current annual burn rate accounting for 69% of circulating supply; when the circulating supply shrinks to 30%, the coin price needs to rise by 230% to maintain market value.

Clearing rewards offer 50 MYX for a single extreme market event, with nodes prioritized for orders; bull market volatility doubles, and profits increase correspondingly.

ETH staking has an annualized return of 3.8%, U.S. Treasury bonds at 4.2%, while MYX yields exceed traditional assets by 340 times. The current market value is $50 million, only 1/60th of dYdX's $3 billion and 1/20th of GMX's $1 billion; the daily trading volume/GMV ratio is 228 times (dYdX only 3 times), crushing capital efficiency.

MYX has built a triple moat with institutional bets + technological revolution + deflationary bomb. In the short term, it looks at $8; if it captures 10% of the derivatives market share, the market value will surge to $5 billion, a hundredfold space.