MYX Finance Unveils Major Release: Keeper Network Staking Node System and Hold-to-Earn VIP Mechanism

BlockBeats News, May 12th, according to official sources, the derivative trading protocol MYX Finance, after conducting a Binance wallet IDO and landing on Binance Alpha, officially announced on May 12th the launch of two core feature upgrades: the Keeper System staking node system and a brand new VIP level system.

With the launch of the Keeper Network staking node system, MYX Finance users can stake MYX to 21 Keeper nodes elected by the community. The nodes are responsible for publicly executing transaction tasks to ensure efficient and secure transactions. Additionally, the platform has simultaneously initiated a fee buyback mechanism, using net transaction fee revenue to buy back MYX distributed to staking nodes, continuously increasing node rewards and token value. In the Keeper Network, the more active a user's trading is, the higher the node rewards, creating a positive cycle of staking incentives and MYX deflation.

MYX Finance offers a VIP mechanism based on holdings, providing CEX advanced VIP user fee discounts. Users only need to hold 10 MYX to automatically obtain the base VIP level, with no need for lockups or trading volume requirements. The more they hold, the higher the fee discounts they enjoy, far surpassing traditional CEX complex mechanisms, further enhancing MYX's utility value and market demand.

Through this upgrade, MYX Finance is accelerating the construction of an inclusive on-chain derivatives ecosystem by driving both node incentives and token empowerment.