MYX Finance released its semi-annual report and outlook for the second half of the year, and the airdrop incentive activity will usher in a major upgrade

PANews reported on July 9 that according to Bitcoinist, the decentralized exchange MYX Finance released its semi-annual report and outlook today. The report stated that in the past few months, MYX Finance has made great progress in improving the platform and quickly achieved multiple milestones. Through the original matching pool mechanism (MPM), it provides users with zero slippage, ultra-low handling fees, multi-function, high efficiency, high-yield trading experience and generous airdrop incentives, becoming the fastest growing DEX in 2024.

Since the launch of the mainnet in February this year, in order to give back and motivate community users, MYX Finance has launched the "Origin Plan" long-term airdrop activity, distributing 20% ​​of MYX Finance tokens to community members and supporters, totaling 200,000,000, and launched short-term incentive activities such as Bug Bounty Program and trading competitions, with a total of more than 10,000 USDT rewards. At present, the Origin Plan is still in progress, and the latest "Silurian" activity will be launched soon. According to the team, MYX Finance has optimized the team's incentive strategy. The reward pool for long-term and short-term incentives will be expanded again, and the ways of participation will be more diverse. Users will have the opportunity to receive multiple rewards after completing a task, and earn airdrops at zero cost.

As a "new species of derivatives trading", MYX Finance effectively combines the efficiency of CEX and the security of DEX by providing a series of innovative decentralized trading solutions, and solves the trilemma of interests through token economic design, balancing the interests of users, employees and investors. MYX said it will accelerate the widespread implementation and adoption of decentralized trading platforms by providing a new level of derivatives trading experience, and become a liquidity center for decentralized trading.