Wow! Brothers!

A tech enthusiast found out that Tencent Cloud has been continuously writing several articles about the MYX cryptocurrency exchange while working on the Tencent Cloud technology forum. Here's a picture, it's really impressive plus!

The key point is that there are several articles, brothers!!!

1. What exactly is this MYX cryptocurrency exchange? Tencent Cloud is even on the list?

According to information on Tencent Cloud:

With its unique Matching Pool Mechanism and the highest capital efficiency, MYX provides traders with a revolutionary experience of zero slippage and the lowest on-chain fees. In the coming weeks, MYX will also deploy testing on Arbitrum and Scroll.

  • - The innovation of the on-chain trading system ensures zero slippage and the lowest fees;

  • - Providing stable and high returns for LP users, as well as intelligent risk management;

  • - Breaking through the bottleneck of on-chain capital efficiency, pushing decentralized trading forward.

2. How retail investors can make money through the MYX cryptocurrency exchange: Mining 2.0: Points airdrop + LP returns dual drive

MYX's incentive model can be described as 'retail-friendly':

  1. Transaction mining points: Users can earn points for each transaction, which can be exchanged for MYX token airdrops at a certain ratio;

  2. LP returns: Providing stable and high returns for liquidity providers (LP) while reducing impermanent loss risk through intelligent risk control models;

  3. Capital efficiency: Breaking through the traditional AMM model's low capital utilization bottleneck, allowing every penny to 'generate' higher returns

3. MYX's long-term value: From 'points刷分 platform' to on-chain contract 'order center'

MYX's ambitions go far beyond being a 'DEX alternative.' Its team is secretly developing two 'nuclear-grade' products:

1. On-chain contract 'order center'

  • Decentralized order book: Breaking through the traditional DEX's 'pool trading' model, supporting limit orders, stop-loss orders, and other CEX features;

  • Fully decentralized: Ensuring that order matching and clearing are fully transparent and verifiable on-chain through zero-knowledge proofs (ZKP) or optimistic rollup technology.

2. Perp Launcher: One-click to issue perpetual contracts

  • Modular tools: Allowing any project to quickly issue perpetual contracts on MYX without having to develop on-chain logic from scratch;

  • Traffic sharing: Project parties can leverage MYX's liquidity pool and user base to reduce token issuance costs;

  • Revenue sharing: MYX builds a sustainable business model by collecting contract trading fee shares.

If these two products are launched, MYX will upgrade from a 'trading platform' to an 'on-chain derivatives infrastructure,' with a market cap limit potentially comparable to billion-dollar projects like DYDX and GMX.