#MUA
Excited! Could it keep rising for a whole month?
If this is your first time hearing about Myth MUA, there are actually just two key points to remember.
First: Myth is composed of multiple trading pools.
Many tokens have only one pool, with prices driven entirely by buying and selling.
But Myth has multiple pools, and when price differences arise between them, robots automatically arbitrage, equalizing prices.
This process naturally generates trading volume without manual pumping or喊单 (喊单 means 'shouting trades' or 'promoting trades').
Second, and most importantly: Myth has a floor pool to aid deflation.
In Myth, whenever someone profits from trading, a profit tax is collected into the floor pool.
The floor pool's price is calculated based on the funds in it, pegged to a fixed one trillion MUA.
As funds continuously flow into the floor pool, the floor price gradually rises.
When the floor price exceeds the market price, users have a choice:
Instead of selling on the market, they can directly exchange their tokens in the floor pool.
The exchange is simple: just transfer one trillion MUA into the floor contract,
the funds in the floor pool will be paid out to you all at once,
and this one trillion MUA will be permanently destroyed in a black hole, never returning to the market.
During periods of high market volatility, the floor price may suddenly rise significantly above the market price,
leading to a 'race to the floor':
The first person to complete the exchange claims all the funds in the floor pool,
subsequent tokens transferred will only be destroyed, without receiving any funds.
Thus, throughout this process, real trading occurs continuously,
while tokens are constantly being destroyed,
and the funds in the floor pool are never idle—they are constantly at work.
This is the core mechanism of Myth MUA.
Excited! Could it keep rising for a whole month?
If this is your first time hearing about Myth MUA, there are actually just two key points to remember.
First: Myth is composed of multiple trading pools.
Many tokens have only one pool, with prices driven entirely by buying and selling.
But Myth has multiple pools, and when price differences arise between them, robots automatically arbitrage, equalizing prices.
This process naturally generates trading volume without manual pumping or喊单 (喊单 means 'shouting trades' or 'promoting trades').
Second, and most importantly: Myth has a floor pool to aid deflation.
In Myth, whenever someone profits from trading, a profit tax is collected into the floor pool.
The floor pool's price is calculated based on the funds in it, pegged to a fixed one trillion MUA.
As funds continuously flow into the floor pool, the floor price gradually rises.
When the floor price exceeds the market price, users have a choice:
Instead of selling on the market, they can directly exchange their tokens in the floor pool.
The exchange is simple: just transfer one trillion MUA into the floor contract,
the funds in the floor pool will be paid out to you all at once,
and this one trillion MUA will be permanently destroyed in a black hole, never returning to the market.
During periods of high market volatility, the floor price may suddenly rise significantly above the market price,
leading to a 'race to the floor':
The first person to complete the exchange claims all the funds in the floor pool,
subsequent tokens transferred will only be destroyed, without receiving any funds.
Thus, throughout this process, real trading occurs continuously,
while tokens are constantly being destroyed,
and the funds in the floor pool are never idle—they are constantly at work.
This is the core mechanism of Myth MUA.