MYX Finance (MYX)

Tokenomics & Utility

The MYX token is the native asset that powers governance, incentives, and user benefits across the MYX Finance blockchain stack.

• Supply: fixed at 1,000,000,000 MYX.
• Commonly reported allocation ranges:
  • Community rewards and ecosystem: roughly 40%–45%
  • Team and advisors: about 20%
  • Institutional investors: about 17.5%–20%
  • Initial liquidity: around 4%–10%
  • IDO/TGE and reserves: low single‑digit percentages combined

These figures appear in multiple public tokenomics posts from exchanges and trackers that summarized the launch; exact vesting and release schedules follow team and investor lockups with staged unlocks after set cliffs. (coincarp.com)

Utility spans three main areas:

• Governance: MYX holders can vote on protocol settings like fee tiers, risk parameters, supported chains, and keeper policies through the MYX DAO. (bingx.com)
• Trading benefits: Holding MYX boosts your VIP tier, reducing maker/taker fees and, at top tiers, even providing maker rebates. This ties token demand directly to platform activity. (myxfinance.gitbook.io)
• Staking and keeper alignment: MYX introduced a keeper‑node staking system so users can stake MYX to community‑elected nodes that execute trades. The protocol has also announced buyback‑and‑distribute mechanics that share net trading fees with stakers at the node layer. (theblockbeats.info)

At launch, the team also earmarked an airdrop program totaling up to 14.7% of supply across phases to reward early testers and supporters, further seeding governance and usage. (myxfinance.medium.com)