MYX Finance launched the Keeper System, a node pledge system. Linea, FL Foundation, Sequoia China, Woyong and other institutions took the lead in becoming the first batch of candidate nodes

PANews reported on May 27 that according to official news, the decentralized derivatives trading protocol MYX Finance has officially launched the node pledge system Keeper System after Binance wallet IDO and landing on Binance Alpha. MYX Finance users who pledge 300,000 $MYX can become candidate nodes, and ordinary users can also freely support multiple candidates and participate in the decentralized governance of MYX Finance. The system selects the top 21 active nodes based on voting snapshots every week, responsible for on-chain matching and network operation to ensure the security and efficiency of the system. All staking users can obtain staking rewards issued by the platform, and share transaction fee income in proportion to obtain stable passive income.

It is reported that once the Keeper System of MYX Finance node pledge system is launched, Layer2 public chain Linea, FL Foundation, Sequoia China, Woyong and other institutions have taken the lead in joining the node election, showing a high degree of recognition of the MYX Finance pledge mechanism and ecological potential. More importantly, all execution income of the Keeper System node will be used to repurchase $MYX and distribute it to the node and its supporters, forming a powerful value closed loop.

Affected by the launch of the node staking system, $MYX tokens have risen by as much as 34.33% in the past 24 hours, and are currently quoted at 0.1033u. With the continuous addition of high-quality nodes, the continuous increase in staking volume, and the accelerated pace of repurchase, the circulation supply of $MYX will become increasingly tight, and the network effect and token value of MYX Finance are expected to be further enhanced.

Share to:

Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
10 minute ago
1 hour ago
2 hour ago
4 hour ago
4 hour ago
5 hour ago

Popular Articles

Industry News
Market Trends
Curated Readings

Curated Series

App内阅读