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MYX Finance launches Keeper Network staking node system and VIP mechanism to enhance token value and user benefits

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May 12, 2025

On May 12, $MYX Finance announced the launch of two core feature upgrades: the Keeper Network staking node system and the VIP tier mechanism. Users can stake $MYX to 21 Keeper nodes selected by the community. These nodes are responsible for executing transaction tasks, ensuring transaction efficiency and security. The platform also launched a fee buyback mechanism that uses net income to repurchase $MYX and distribute it to staking nodes, enhancing node revenue and token value. The more active the trading, the higher the node earnings, creating a virtuous cycle of staking incentives and $MYX deflation. In addition, $MYX Finance introduced a VIP mechanism for token holders. Holding 10 $MYX automatically grants the basic VIP level without any lock-up or trading volume requirements. The more tokens held, the higher the transaction fee discounts, significantly increasing the utility and market demand of $MYX. This upgrade advances $MYX Finance's goal of building an inclusive on-chain derivatives ecosystem accessible to all.

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