As Bitcoin breaks through $100,000, attracting market attention, the decentralized derivatives sector is rapidly developing. The #MYX Finance (MYX) project, invested by well-known institutions such as Sequoia China and Consensys, is emerging in the DeFi space due to its technological innovations.
Project Features:
Technological Innovation
Utilizes MPM mechanism for efficient trading
Supports multi-chain interoperability
Decentralized architecture ensures trading transparency
Current Development Status
Completed $5 million seed round financing
Supported by multiple investment institutions
Current daily trading volume reaches $50 million
Community Activities
Airdrop program is ongoing
High activity among early participants
Cross-chain functionality is continuously expanding
Recent Updates on the Project:
Node staking function has been launched
Some investment institutions are participating in staking
The minimum staking threshold is 300,000 MYX
Staking reward mechanism is flexible and adjustable
This project showcases a new development direction for decentralized trading infrastructure, and its technological innovations and community building are worth noting. With continuous improvements in functionality, it may have a positive impact on the DeFi space.
