@MYX Finance is the industry's first chain-abstracted derivatives trading protocol, dedicated to breaking down the barriers between the performance advantages of centralized exchanges and DeFi self-custody, realizing the vision of 'everyone can trade Alpha.' Through chain abstraction technology and a dual-account model, users can open positions with assets on any chain without cross-chain or frequent signature requirements, ensuring a fast and smooth trading process while always retaining ownership of their assets. Currently, MYX Finance supports major networks such as BNB Chain, Linea, and Arbitrum, and is building a chain-abstracted liquidity layer in the DeFi world to create a more open and efficient on-chain derivatives market.
This article is sponsored by @MYX Finance .
Recent news about MYX Finance:
On March 17, MYX Finance's airdrop event (distributing a total of 10,000,000 $MYX to various ecosystem participants) went live on BNB Chain DappBay.
On April 26, MYX Finance and Particle Network launched a joint trading event 'MY PARTI', airdropping 1,000,000 $MYX and 100,000 $PARTI rewards to users.
On May 6, MYX Finance, in collaboration with Binance Wallet and PancakeSwap, launched the initial DEX offering (IDO), with oversubscription reaching 30,296%, and successfully went live on Binance Alpha on the same day.
On May 20, MYX Finance launched a new VIP membership system, allowing users to hold approximately 10 $MYX to enjoy trading fee discounts comparable to top users on CEX across all chains, without the need for locking or application thresholds.
On May 22, BNB Chain announced the addition of the MYX token to the '$100M Incentive Program' and has purchased $25,000 worth of $MYX.
On May 27, MYX Finance's staking node system Keeper System officially went live, with renowned institutions such as Linea, FL Foundation, Woyong, HongShan (Sequoia China) becoming the first batch of staking nodes, achieving an average annualized yield (APY) of 228.71%.
On June 18, $MYX was listed on Binance Futures, officially opening contract trading to Binance users.
How to participate in the essay activity:
Step 1: Use the tag #MYXFinance引领BSC链上永续未来 to participate in the MYX Finance essay competition, publish original content on the Square, and share your unique insights and analysis on the topic!
Step 2: Share your square post on social media platform X (Twitter), and @MYX_Finance, add the tag #MYXFinance引领BSC链上永续未来 , encouraging your fans to comment, like, or share your post to enhance interaction.
Step 3: Follow MYX Finance's X (Twitter) account @MYX_Finance, and follow @MYX Finance 's square account to keep up with the latest event updates and exclusive participation benefits!
Event Rules:
After the event, the top 50 quality posts with at least 300 characters under this topic will be selected and will share 20,000 USDT based on views and content quality. This time, content with rich graphics and text is encouraged.
First Prize: Views > 15,000, reward 800 USDT, quota 10 places.
Second Prize: Views > 8,000, reward 400 USDT, quota 15 places.
Third Prize: Views > 2,000, reward 240 USDT, quota 25 places.
All content must be published before July 6, 2025, 23:00 (UTC+8) to be eligible for rewards.
Event-related creative inspirations
1) Technical Interpretation Category:
In-depth analysis of MYX Finance's 'MPM mechanism', revealing how it achieves maximum funding efficiency and minimum risk through dynamic risk adjustment in multi-position combinations.
Interpretation of MYX Finance's chain abstraction technology and dual-account model, explaining how to bridge multi-chain asset islands and achieve seamless connections and unified management for cross-chain perpetual contract trading.
Exploring MYX Finance's Keeper System and the design of the new VIP system, discussing how decentralized node incentives and user level mechanisms ensure trading execution efficiency while promoting community governance and the continuous growth of token value.
2) Data Trends Category:
MYX User Profile Analysis: Who is using MYX Finance? Who is suitable for using MYX Finance?
MYX Token Economic Indicator Monitoring: User count, trading volume, staking volume, fee income, and user reward distribution trends, showcasing the health of the ecosystem and future potential.
3) User Guide Category:
Beginner's Guide! A complete guide to MYX Finance perpetual contract trading process, from wallet connection and staking to contract operation, step by step teaching you to get started quickly.
Detailed explanation of MYX Finance's token VIP levels and LP incentive plans, teaching you how to allocate assets reasonably and enjoy more fee discounts and rewards.
Complete analysis of MYX Finance staking and unstaking processes, combined with reward mechanisms and locking rules to help you scientifically plan fund management and risk control.
4) Perspective Story Category
Things to know about participating in MYX Finance trading: A MYX Finance early bird tells you why I chose to bet on MYX Finance.
From contract novice to seasoned player: A real user's growth experience and operational insights sharing on MYX Finance.
The biggest trade I've made with MYX Finance: A real user trading experience, sharing thoughts and lessons learned.
How to earn some pocket money with MYX Finance trading: Insights from a financial novice.
5) Fun Creation Category
Design a personified image of MYX Finance and express your understanding of this product.
Design a slogan or tagline you think is suitable for MYX Finance and explain why.
Please read the rules and terms carefully:
Only content related to the theme of #MYXFinance leading the future of perpetual contracts on the BSC chain published during the event period (including posts and articles) is eligible to qualify.
Only content that is completely relevant to the project's essay requirements will be selected. Any misuse of hashtags, misleading or click-bait titles and introductions, and content related to other coins unrelated to the project will result in disqualification from the event.
Only original new content is eligible. Works submitted before the event do not qualify.
Please do not bring auxiliary functions such as Q&A red packets.
You can publish multiple different quality contents to increase your chances of winning.
Users must publish ≥ 1 piece of content within 30 days before the announcement to qualify for the competition.
We will distribute the rewards to your account within 20 working days. Users can check their rewards through 'Funds' > 'Funds Account'.
All users who meet the winning conditions will receive a notification from the Square Assistant in the Creator Center.
Binance reserves the right to disqualify any accounts that violate Binance Square community guidelines or terms and conditions.
Binance reserves the right to unilaterally decide and/or modify or change these terms and conditions at any time without prior notice, including but not limited to canceling, extending, terminating, or suspending this event, eligibility criteria and standards, selection and number of winners, and the timing of any actions, and all participants shall be bound by these amendments. Binance reserves the final interpretation right of this event.
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