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MYTH Staking Begins on Mythos Chain: New Opportunities for Token Holders

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by Giorgi Kostiuk

5 hours ago


Mythos Foundation has launched MYTH staking on the Mythos Chain, allowing MYTH token holders to earn rewards for staking.

Launch of MYTH Staking

The Mythos Foundation, in collaboration with Mythical Games, has launched MYTH staking on the Mythos Chain, a platform optimized for gaming that allows players and developers to utilize its infrastructure. Staking supports the decentralized infrastructure of nodes and provides participation rewards.

Benefits of Staking

Staking rewards are allocated from the Mythos Foundation treasury, ensuring that MYTH tokens remain non-inflationary. Gas fee burning leads to token deflation. Since the program opened on March 10, more than 30 million MYTH tokens have been staked.

Role of MYTH in the Ecosystem

The MYTH token plays several key roles: it supports staking and governance, is used for gas fees and supports transactions on the Mythical Marketplace, helping players control their in-game digital assets.

We’re excited to support the launch of MYTH staking by the Mythos Foundation and frankly, have been impressed by the level of engagement in the first 48 hours.Kasper Jørgensen, CFO of Mythical Games

The launch of staking on the Mythos Chain opens new opportunities for MYTH holders, supporting the network's infrastructure and encouraging ecosystem participation.

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