$MYX opens contracts by itself, acting as its own exchange! This gameplay is a bit wild!

Recently, there is an interesting project in the DeFi space called MYX, which is essentially a perpetual contract exchange. You can directly trade MYX/USDC perpetual contracts on MYX, which is like opening contracts for yourself.

If MYX manages to list contracts on centralized exchanges like Binance in the future, the synergy would be too beautiful to behold! Although the price of $MYX hasn't skyrocketed yet, it has been stable! On one hand, it is earning profits through staking and mining, and on the other, the node elections are in full swing. There have been no airdrops and no money spent on hype, but there are still people willing to participate with real money. For projects like this, I’m willing to hold long-term and see if it can become the new leader in a new track.

Many KOLs have started building nodes on MYX now. The node elections are not based on vote-buying but are genuinely dependent on who stakes more MYX! The more you stake, the easier it is to get elected, and then you can participate in trading matching revenue dividends. Simply put, the governance of $MYX is not just a slogan but a real monetary matching power token.

Staking $MYX for node supporters can yield profits, and node owners can also earn Keeper profits. Moreover, profits can be withdrawn at any time, with different fee ratios. This mechanism is more flexible and transparent than most PoS projects, and the staking rights can be inherited, providing a full experience.

MYX has big ambitions. It is not looking to simply get listed on Binance but aims to create a multi-chain supported, decentralized governance, where anyone can come and open contracts on the perpDEX. Put simply, it is an on-chain version of dYdX combined with pump.fun, aiming to establish an on-chain contract free market.

Anyone, any project, can directly open contract trading pairs on MYX without audits or backdoor dealings, and the community liquidity is directly enhanced. It’s worth studying closely; $MYX is quite interesting.