Thank you @MYX Finance , today officially withdrew 14084U, approximately 100,000 RMB, preparing to renovate the house again!
Looking back at this MYX experience, the highest account balance was close to 30,000U, and I'm quite satisfied with the actual earnings, so I’ll write about this experience:
I entered the market in March 2025, when MYX launched the "Points Program", mainly to accumulate points through staking, trading, and testnet activities, redeeming MYX at a ratio of 1:0.8. Additionally, the staking certificate BMYX could also yield airdrops without any lock-up, which was the key reason I decided to get involved.
1. Starting Point: March 2025, discovering opportunities, testing the waters
At first, I came across MYX's "Points Program" mechanism on X (formerly Twitter), took a brief look, and thought it had potential. The rules weren’t complicated; there are mainly three ways to earn points:
1. Mainnet activities (staking + trading)
2. Testnet interactions
3. Referral rewards
The most important point is: points can be redeemed for MYX at a ratio of 1:0.8; and BMYX holders can additionally receive 6 million airdropped tokens, and there is no lock-up.
At the same time, I started trading with a small amount, using a daily trading volume of around 2000U to earn about 500 points/day (equivalent to 0.4 MYX). Although the unit price wasn’t high, the rebates were pretty good; after 10 days of rebates, I earned 30U, increasing my total funds from 800 to 840U.
2. Increasing Investment: April 2025, going all out, intensively using the testnet
After confirming that the verification mechanism was sound, I began to scale up my operations.
Each account was used for manual trading, with a daily trading volume of around 10,000U, and points were settled daily. Although it was cumbersome, the returns were much steadier than automated trading.
Then I started focusing on the testnet, it was simply a "gold mine":
1. Daily processing of 200 test transactions (can be scripted)
2. Providing liquidity for 500U test tokens (LP)
3. Additionally, I invited 20 new users (earning a 40% rebate)
With this combination, I accumulated a total of 120,000 points in April, redeeming at a 1:0.8 ratio on the mainnet, which equates to 960 MYX. Although the returns at this stage didn’t materialize immediately, it paved the way for future explosive growth. Here’s a summary of the earnings:
1. Staking dividends: 375U
2. Regular rebates: 9562.5U
3. Testnet airdrops: 3000U
4. Selling MYX airdrops: 586.25U + 4500U
Total profit: 14084.75U
