Official Launch of MYX Phase 2 Testnet
Introduction
As MYX enters a crucial phase of development, we are thrilled to announce the official launch of our Phase 2 Testnet. This marks a significant milestone in our project, and we eagerly anticipate the active participation and feedback of our community.
Part One: Testnet Access Plan
Our Phase 2 Testnet will initially open to users who have signed up on the waitlist, as a token of appreciation for their support. After a week, the testnet will become accessible to all users. We encourage everyone to join and provide valuable feedback.
If your address is not on the waitlist, you can trade, but you will not receive any Shell rewards.
Part Two: Update Overview
In this Phase 2 Testnet, we have introduced the following major updates and improvements to enhance user experience and drive our project forward:
- Keeper System Update: Aimed to further enhance system efficiency and stability, providing users superior service.
- System Capacity Enhancement: We have bolstered the system’s capacity to offer a more stable trading environment for users.
- Introduction of New Funding Fee Tasks: Added to the Shell system, these tasks are designed to offer users more opportunities to earn rewards.
Part Three: Shell Reward Adjustment Notification
As MYX moves into its second phase, we plan to adjust the Shell reward mechanism by implementing a deflationary mechanism.
- Deflationary Mechanism: Starting from the second phase, we will increase the difficulty of shell production every two weeks.
- Production Efficiency Adjustment: After each increment, the number of Shells produced per unit of profit will decrease by 20%. For instance, if 10U of profit currently yields 1 Shell, it will then yield only 0.8 Shells.
Part Four: Meme Event Recap
Event Highlights: Centered around Christmas, participants submitted their creations in the “🎨｜meme” channel. We witnessed an array of fantastic, festive-themed Memes that showcased the creativity of our participants, bringing joy and laughter to our community.
Winner Announcement: Following community voting, we are delighted to announce the winners:
- First Place: @IpongJkBase🕊
- Second Place: @daffy
- Third Place: @hengky Winners have been invited to submit their addresses on the “📩┃tickets” channel to claim their prizes of 100, 50, and 30 USDT respectively, along with the exclusive Discord role “Meme Master”.
Congratulations to Other Winners:
- @PoppySoda
- @Yippee.KiYay
- @mask
- @Riva Hugh
- @Reborn
- @dawsonf
- @elbaf
Also awarded the “Meme Master” role in recognition of their exceptional contributions.
Acknowledgments: A big thank you to all community members who participated in the Meme contest. Your engagement and creativity are the lifeblood of our community. Stay tuned for more such events in the future!
Conclusion
We are optimistic about the future of MYX and grateful for the support and participation of every community member. Keep following our updates and actively participate in the testnet. Together, we will build a stronger, more interactive ecosystem.
Join our community to stay in the loop.
For collaboration: marketing@myx.finance
