MYTH Staking on Mythos Chain Kicks Off
In a significant milestone for the blockchain gaming and NFT (non-fungible token) ecosystem, MYTH staking has officially launched on the Mythos Chain. This new development enables users to participate in the staking process, allowing them to earn rewards linearly and claim them daily.
As an essential component of the overall ecosystem, MYTH plays a crucial role in various functions beyond just supporting staking and governance. It serves as a utility token for gas fees on the Mythos Chain and is used to support transactions within the Mythical Marketplace. The marketplace, which launched recently, provides gamers with ownership and control over the purchase and sale of digital assets. Furthermore, the custodial wallet offered by the platform ensures that new users who may be unfamiliar with blockchain technology are protected throughout their digital asset trading experiences.
Estimated rewards for MYTH staking have reached a substantial 30% in APY (annual percentage yield), providing a significant incentive for early adopters to participate in this innovative and lucrative opportunity.
Source: https://u.today/myth-staking-on-mythos-chain-kicks-off