Top global institutions are voting for innovation with real money—Sequoia Capital and Layer 2 technology platform LINEA have officially confirmed their participation in **MYX Finance** node staking, taking concrete actions to endorse its decentralized architecture of 'Nodes as Matchmakers', marking the acceleration of the reconstruction of the underlying logic of on-chain derivative trading.
1. Why are the giants betting on MYX?
Sequoia Capital: Locking in the future of 'Decentralized Trading Infrastructure'
As a barometer for technology and crypto, Sequoia's layout this time targets MYX's 'Node Co-Governance Matching Network' disruption:
- Model Breakthrough: Unlike GMX's centralized matching, MYX opens trading execution rights to community nodes through staking volume and voting mechanisms, realizing 'Decentralized Financial Democratization';
- Technical Compatibility: Its 'Multi-Path Matching Model (MPM)' reserves Layer 2 integration interfaces, seamlessly connecting to cross-chain liquidity aggregation and other future scenarios.
LINEA: The Efficiency Resonance of Layer 2 and Node Economy
Based on zk-rollup technology, LINEA's choice to collaborate with MYX highlights the technical complementarity:
- On-chain Efficiency: LINEA's low gas costs and high-speed transfer characteristics can optimize node matching efficiency and reduce user transaction costs;
- Ecological Extension: Both parties plan to explore 'Layer 2 Node Elections' to promote staking mechanisms extending to multi-chain scenarios.
2. MYX Staking: Reconstructing Roles from 'Users' to 'Co-Builders'
MYX's 'Keeper System' breaks traditional staking logic, constructing a trinity model of 'Governance + Revenue + Co-Building':
- Dual Role Participation:
- Node Party: Staking ≥ 300,000 MYX allows for node candidacy, with the top 21 active nodes gaining matching rights and revenue distribution rights;
- Supporters: Delegating staking votes to nodes, sharing transaction fees and staking rewards according to a distribution ratio (0%-100%), while also participating in governance.
- Transparency Mechanism: The official website publicly displays node APY and revenue data in real-time, with 'Rights Cap' design preventing single nodes from monopolizing, ensuring ecological decentralization.
Comparison with Traditional Models:
| Dimension | Traditional PoS Protocol | Centralized Matching DeFi | MYX |
|--------------|------------------|------------------|-----------------------|
| Participation Threshold | High Staking Requirements | Can only act as a user | Dual roles of Node/Supporter available |
| Value Capture | Purely Inflation Rewards | Platform Fees Dominated | Trading Scale × Staking Volume Driven |
| Governance Power | Limited Voting Rights | Centralized Decision-Making | Node Autonomous Distribution + Community Voting |
3. Technical Iteration and Ecological Effects
Progress on Functionality:
- The staking panel displays node data in real-time, supporting 'Flexible Unlocking/Long-Term Locking' modes (the longer the lock-up period, the higher the reward multiplier);
- 'Node Visualization Monitoring Tool' is about to be launched, allowing queries for professional indicators such as matching efficiency and order volume;
- Collaborating with LINEA to promote testing for 'Layer 2 Node Elections', planning to reduce on-chain operation costs in Q3.
The 'Trust Leverage' for Institutional Entry:
The endorsements from Sequoia and LINEA inject compliance and technical reliability into MYX, while Binance Foundation's previous purchase of 25,000 MYX has sparked speculations of 'Top Ecological Synergy'. As staking volume increases and circulating chips decrease, a positive cycle of 'Staking Rate - Protocol Revenue - Token Value' may form (referencing Lido's staking rate performance of over 90%).
Staking as 'Equity': A New Narrative in DeFi
MYX's staking ecology is not a short-term mining game, but a deep reconstruction of DeFi incentive mechanisms—by decentralizing trading matching rights, the community becomes direct participants in protocol value creation through staking. When key players like Sequoia and LINEA vote with their actions, this new paradigm of 'Node Co-Governance' is moving from concept to mainstream vision.
Risk Warning: The project is still in its early stages, and attention needs to be paid to market volatility and the risks of technical implementation.