With the successful completion of the Cancun upgrade, the first year of Perp Dex on the chain has begun, and the Gas fee for MYX users will drop by 80%. At the same time, from 7:00 UTC on March 15 to 13:00 UTC on April 1, MYX will launch a limited-time airdrop event with 0 handling fees for the entire chain. As the fastest growing DDEX and the first protocol on the chain to start 0 handling fees, MYX will provide users with 100% transaction fee reduction during the event. In addition, in order to thank early users for their support, MYX will return all transaction fees (excluding execution fees and GAS) to all users after the self-launch of the network.

As the third-generation new DDEX, MYX provides users with a brand new trading experience with its unique and innovative mechanism MPM. During the testnet, it successfully attracted more than 60,000 users to participate, exploring the possibility that LP can support hundreds of times the transaction volume and achieve zero slippage. Previously, it has raised US$5 million from many well-known investment institutions such as Consensys, OKX Ventures, Hack VC, Foresight Ventures, Redpoint China, HashKey Capital, GSR Markets, Alti5, Leland Ventures, Cypher Capital, Bing Ventures and Lecca Ventures.

Users can earn Gems based on their trading volume and staking MLP to share the MYX Token prize pool. The first round of airdrops will be 2% of the total tokens, worth 1,000w. There will be no rollback in the early stage. The step-by-step tutorial is as follows:

A three-step tutorial to complete the MYX airdrop, a project with a first-round valuation of 50 million US dollars invested by Sequoia, OKX, etc.; a stable return of 1,000 times

Step 1: Prepare funds to your wallet

● Prepare 1000-20000 USDC funds and make sure the funds are stored in a wallet that supports the ARB chain. ● Withdraw USDC and ETH from the exchange to the wallet and select the ARB chain.

Step 2: Official website link authorization

● Official website link https://app.myx.finance/trade, and authorize the wallet. ● Connect the wallet to authorize to ensure that subsequent operations are performed safely and reliably.

Step 3: Opening and closing positions

1. Market opening operation: - Prepare a mobile phone and a computer, use 10x leverage, and enter a margin of 10,000. - Open long positions at the market price on the mobile phone and short positions at the market price on the computer to achieve hedging operations. ● Select 10x leverage ● Enter margin ● Select order type ○ Select limit order, you need to set the price ○ Select market order, and the transaction will be completed at the market price. ● Select the maximum quantity ● Open long or short Note: There is a maintenance margin. It is recommended not to use high leverage, which is easy to liquidate https://myxfinance.gitbook.io/myx/protocol/liquidation

2. Closing operation: - Select "One-click closing" in the position column (close long and short positions at the same time), or set the same closing price for a single order to close the position.

Data calculation and return ● Opening order execution can obtain 200,000 transaction volume and 20,000 GEM. ● Closing transaction can obtain another 200,000U and 20,000 GEM. ● This opening and closing operation can obtain a total of 40,000 points. ● Based on the daily transaction volume of 50 million, a total of 140 million GEM will be issued; 1GEM=0.14 MYX. ● 40,000 GEM can be exchanged for 5,600 MYX. ● Based on FDV500 million, the estimated single currency is 0.5U; 5,600*0.5U=2,800U. ● The cost of GAS fee + execution fee is about 1.1U, and the expected return rate is a thousand times. Hurry up!  As a third-generation DDEX rookie, MYX provides users with an unprecedented trading experience with its original MPM mechanism, and this innovative model has been effectively verified. It has tens of millions of transactions in just half a month after its launch, which is almost the fastest growing Ddex in history. The official has officially announced that 20% of the total airdrop tokens will be returned to community users. Don’t let the MYX airdrop become the next missed opportunity.

Please click for MYX official airdrop plan: https://myxfinance.medium.com/cambrian-lacunch-20million-myx-prepared-for-distribution-9b93973a095a   

MYX official link: https://linktr.ee/myxfinance