MYX Finance Launches Keeper Network Staking Node System and Token Holder VIP Mechanism

BlockBeats reports that on May 12, according to official sources, the derivatives trading protocol MYX Finance announced the official launch of two core feature upgrades on May 12: the Keeper System staking node system and a new VIP tier system.

With the launch of the Keeper Network staking node system, MYX Finance users can stake MYX to 21 Keeper nodes selected by the community. These nodes are responsible for publicly executing trading tasks, ensuring efficient and secure transactions. Additionally, the platform has simultaneously initiated a fee buyback mechanism, using net income from trading fees to buy back MYX and distribute it to staking nodes, continuously enhancing node returns and token value. In the Keeper Network, the more active the user trading, the higher the node returns, creating a positive cycle of staking incentives and MYX deflation.

MYX Finance offers a VIP mechanism for token holders, enabling CEX high-level VIP user fee discounts. Users only need to hold 10 MYX to automatically obtain the basic VIP level, with no need for locking or trading volume requirements. The more they hold, the higher the fee discount they enjoy, far surpassing the cumbersome mechanisms of traditional CEXs, further enhancing the utility and market demand for MYX.

Through this upgrade, MYX Finance is accelerating the construction of an on-chain derivatives ecosystem that everyone can participate in, driven by node incentives and token empowerment.