MYTH staking is now officially open on the Mythos Chain

This staking program was launched by the Mythos Foundation on March 10, 2025, and immediately received an overwhelming response from the crypto community.

MYTH staking is now officially available on the Mythos Chain, offering investors the chance to earn huge rewards by locking up their tokens.

The staking program was launched by the Mythos Foundation on March 10, 2025, and has received an overwhelming response from the crypto community. In the first two days alone, more than 30 million MYTHs were staked.

With an APY of up to 300%, this program is one of the most lucrative staking opportunities today. Mythos Foundation has prepared 50 million MYTH to be distributed as staking rewards over the next year.

The MYTH staking program is part of a broader strategy by Mythos Foundation and Mythical Games to make Mythos Chain the main blockchain for the Web3 gaming ecosystem. This mechanism will strengthen the network, while MYTH token holders can benefit passively from their assets.

Speaking to Crypto Times, Kasper Jørgensen, CFO of Mythical Games, says the program has received tremendous enthusiasm since its launch.

“We are very happy to support the launch of MYTH staking by Mythos Foundation. The community response in the first 48 hours is impressive.”

Moreover, MYTH staking helps keep the ecosystem in balance. No new tokens are minted, as all staking rewards come from the Mythos Foundation treasury. With this mechanism, there is no inflation, and the number of MYTH tokens in circulation remains controlled.

One of the interesting features of MYTH staking is the free-burning mechanism for transaction fees. This means that the more transactions on the network, the less MYTH is in circulation. This makes MYTH a deflationary token, which, in theory, will make it more scarce and valuable in the future.

Staking is often associated with an increase in token supply, which risks causing inflation. However, Mythos Foundation avoided this problem by taking staking rewards directly from their reserves instead of minting new tokens. That way, stalkers can enjoy the benefits without worrying about the devaluation of MYTH.

Another unique feature is the flexible staking mechanism. Users can accumulate rewards automatically after staking and can withdraw them daily. If they want to revoke their staking, users only need to wait three days before they can withdraw their tokens.

The launch of MYTH staking on Mythos Chain presents a great opportunity for token holders to earn passive profits with an extraordinary potential APY of up to 300%.

With a deflationary system, no new token minting, and a fee gas flaring mechanism in place, MYTH possesses great potential to experience value appreciation in the long run.

The initiative to launch the MYTH staking program was announced on March 7, 2025, by Mythos Foundation. This program aims to distribute 50 million MYTH tokens over the next 12 months to those who participate in staking on the Mythos Chain.

In the first two days following its launch on March 10, 2025, the program has already seen an impressive participation, with over 30 million MYTH tokens being staked.

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