Home web3.0 MYX Finance Unveils 'Project Origin Phase 3: Silurian” Airdrop Campaign, Distributing 5 Million $MYX and 5 Million $ZKP Tokens

MYX Finance Unveils 'Project Origin Phase 3: Silurian” Airdrop Campaign, Distributing 5 Million $MYX and 5 Million $ZKP Tokens

Jul 17, 2024 am 06:45 AM

As the crypto market evolves, airdrops have become a lucrative way for investors to earn returns. MYX Finance, a prominent player in the crypto trading space, has recently launched the “Project Origin Phase 3: Silurian” airdrop campaign, distributing 5 million $MYX and 5 million $ZKP tokens to participants.

MYX Finance Unveils “Project Origin Phase 3: Silurian” Airdrop Campaign, Distributing 5 Million $MYX and 5 Million $ZKP Tokens

MYX Finance, a rising star in the crypto trading realm, has recently unveiled an enticing airdrop campaign, distributing 5 million $MYX and 5 million $ZKP tokens to participants. This initiative forms part of a broader "Project Origin" airdrop, currently in its third phase, and a new long-term airdrop program.

As a promising project with vast potential, MYX has swiftly ascended to become the "fastest growing DEX in 2024." Since launching Mainnet in February 2024, MYX has accrued over 33,000 users and achieved a daily trading volume exceeding $200 million. This remarkable performance has outpaced even dYdX and GMX, which took 184 days and 86 days, respectively, to reach a daily trading volume of $100 million, a milestone that MYX achieved in just 36 days.

Amongst decentralized derivatives exchanges, MYX stands out with its innovative features, notably the MPM (Matching Pool Mechanism). This mechanism integrates a Liquidity Pool, Funding Fees, Maker Rebate, and an Auto-Deleveraging System (ADL). Crucially, during the “Silurian Period,” while earning MYX users can benefit from:

Zero Slippage: The MPM ensures unlimited liquidity, providing a trading experience comparable to centralized exchanges (CEX) with zero slippage.

Low Trading Costs: Compared to competitors, MYX offers lower trading costs, including minimal on-chain transaction fees and no interest payments on held positions.

VIP Discounts: Users attain VIP status based on trading volume or MLP holdings, qualifying for significantly reduced trading fees. Maker/taker fees can be as low as -0.01%/0.018%.

Referral Fee Rebates: Traders receive a percentage of their transaction fees back as a referral fee rebate.

Incentive Campaigns: Throughout the “Silurian Period,” MYX will host long-term airdrops activity and ongoing campaigns, presenting users with opportunities to engage with the platform and win airdrops of $MYX, $ZKP, and $LXP tokens

Unlimited liquidity with Limited funds: The MPM's unique design ensures unlimited liquidity with restricted funds, effectively managing market imbalances even in extreme conditions.

With its strong growth trajectory and innovative features, MYX Finance is poised to continue its ascent and deliver substantial returns for its investors

A Comprehensive Overview of “Project Origin” Airdrop Campaign

This airdrop campaign, launched by MYX Finance, is known as "Project Origin," and the current phase is the third. Commencing in March, this ambitious initiative aims to distribute 200,000,000 tokens—20% of MYX's total supply—to community members and supporters.

The first two phases, the “Cambrian Period” and the “OrdovicPeriod,” have been highly successful. During these initial phases, MYX distributed 23,000,000 $MYX tokens in each phase. Over 33,000 users actively engaged in these periods, demonstrating strong community support. Notably, the MYX community in Japan, Korea, and Russia has grown to over 22,000 members.

These impressive results highlight the success of the airdrop campaigns and the strong market confidence in MYX Finance.

Introduction of Long-term Airdrop and Highlights of the “Silurian Period” Campaign

As MYX Finance enters a new phase of “Project Origin,” the team has taken user feedback to heart and launched an exciting long-term airdrop campaign to reward their dedicated community. Unlike previous airdrops that required understanding specific rules around assets, chains, and durations, this new campaign removes those limitations, making it easier and more inclusive.

With the introduction of long-term airdriop, the “Silurian Period” campaign offers an enhanced rewards experience with improved incentives and a more lucrative structure:

Introduction of Long-term Airdrop: Users can now earn Airdrop Gems simply by trading or providing liquidity on MYX. These gems will accumulate and convert into MYX airdrops up until the TGE.

Enhanced Rewards Pool: Participants will share in a generous rewards pool of 5 million $MYX, 5 million $ZKP, and $LXP tokens. Community members can gain not only MYX tokens but also zkPass and Linea tokens.

Diverse Participation Methods: Beyond social media tasks, MYX Finance has designed activities for traders, influencers, and social media influencers. Seasoned traders can complete trading tasks to earn mystery boxes, while social influencers can win mystery boxes through invitation tasks.

Additional LXP Bonus: MYX Finance stands out among over 600 competitors as one of the seven inaugural protocols invested in by the Linea Ecosystem Investment Alliance (LEIA). MYX liquidity providers on Linea can now earn additional LXP rewards.

The “Silurian Period” is the best time for airdrop hunters

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