The MYDA Airdrop: Multi-Chained Decentralised Protocol

Overview

  • MYDA is airdropping 25 MYDA to the top 1,000 airdrop participants.
  • MYDA is a multichain compatible decentralised exchange platform that aggregates liquidity and allows token holders to trade tokens from various blockchains.

What is MYDA?

You must rely on more fungible means if you want to use sustainable financial approaches. As a result, MYDA has begun to explore for reputable crowdfunding ways as well. With this coin, you will be able to integrate decentralisation into the heart of your business.

With this network, the overall functioning of blockchain improves, allowing you to improve over time. You’ll also have the opportunity to work with companies that can endure market fluctuations.

You allow this token a chance to stay ahead of the competition by implementing it into your structure. Additionally, you perform the swaps with ease and get a more efficient transaction process. You define the bounds of your coins and their functionalities via cross-chain actions.

You must always maintain track of the security levels, no matter how complicated the transaction process is. You’ll also have a better understanding of market inputs and how they affect the rest of the markets. When there are more exchanges, the execution process becomes more reliable.

This currency makes it easier for you to have a stable end with the incorporation of so many protocols including ETH, BNB, and TRX. It also aids in the resolution of trust and security issues among users, and effective chains begin to spread.

Myda is a token that will provide you with adequate assistance as well as a slew of other advantages that you won’t find in most cryptocurrencies. This asset will assist you in attracting investors to your project. It will also give you more stability and a way to keep your money.

Features of MYDA

  • Simplified User Interface
  • Direct Trade Execution
  • Staking 
  • Liquidity Pools
  • Commision Based Referral 
  • P2P trading
  • Desktop and Mobile Compatibility
  • Quick Token Accessibility
  • Digital Asset Listing
  • Multi Wallet Integration
  • Useful Candlestick Listing
MYDA Airdrop
Source: Medium

Tokenomics

  • Total Supply – 100,000,000
  • Staking Reward – 70% (70,000,000)
  • Presale – 10% of the total supply (10,000,000)
  • Liquidity – 8% (8,000,000)Marketing Wallet – 7% (7,000,000)
  • Developer Wallet – 5% (5,000,000)

Organizations can add their tokens to the default asset list on the decentralised market for $1500 worth of MYDA token. By paying the fees, coin creators can list their tokens. Listing is completely decentralised on MYDA. However, after a month, if an item is not frequently traded or has low volume, it will be removed from the main list.

Why MYDA?

MYDA is a decentralised multichain interoperable exchange platform that will pool liquidity to allow token holders to trade tokens across various blockchains. We hope to make trading easier and less expensive by giving access to ETH, BNB, and HECO. Using the MYDA multichain trading interface, traders will be able to make a single deal across many blockchains. The decentralised exchange uses the Proactive Market Maker algorithm to improve liquidity, as well as Cross-chain Swap to improve transaction speed. By staking their tokens for a set length of time, traders on the network can earn passive income.

Traders can transact between exchanges in a multichain network, but the details of a transaction function in each chain. In other words, BNB orders will not be visible on the Ethereum blockchain. The MYDA platform develops an exchange across many chains to lower platform fees while providing more liquidity in the decentralised exchange ecosystem. For example, suppose ETH chain tx costs 10 USD and BNB chain tx costs 0.2 USD. BNB saves more costs than ETH. As a result, traders can use BNB instead of ETH to trade.

About The Airdrop

MYDA is giving out 25 MYDA to the first 1,000 people who sign up for the airdrop. To win the prizes, sign up for the airdrop and complete basic social tasks. For each referral, you will receive 5 MYDA.

Step-by-Step Guide:

  1. Visit the MYDA airdrop page.
  2. Submit your details and sign up.
  3. Complete simple social tasks to get entries.
  4. Top participants with the most number of entries will get 25 MYDA each.
  5. Also get 5 MYDA for each referral.
  6. The rewards will be distributed on November 15th, 2021.
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source

  • 1_dbbUZflTA5DB2I0IeHtrhw: Medium

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