PANews reported on May 6 that MYX Finance has officially launched a community airdrop event to reward early supporters and ecosystem contributors. The total allocation of this airdrop accounts for 14.7% of the total token supply, of which 6.7% (about 67.036 million $MYX) was allocated in the first phase. The tokens are issued based on BNB Chain to ensure fast transactions and low fees.

The airdrop will be released in batches in multiple stages, with an initial release of 30% in the first stage and the remaining 70% to be released linearly over the next 5 months. Users must claim the tokens within 90 days after each release, and any tokens not claimed after the deadline will be returned to the project treasury. BMYX holders will receive the distribution directly without any additional operations.

According to previous news, Binance Wallet’s 15th TGE event will soon launch MYX Finance ( MYX ) .