$MYX MYX Finance Launches Perpetual Contract Vault in Partnership with Flap
On September 18, MYX Finance officially launched its Perpetual Contract Vault in collaboration with the Flap launchpad.
Key Mechanism:
Transaction taxes collected from Flap tax tokens are automatically used for token buybacks
Buyback tokens are converted into liquidity for the corresponding perpetual market
Spot token holders receive on-chain dividends from perpetual trading fees and funding rates
Core Advantage:
Any token launched via Flap can immediately open a permissionless perpetual market — no approval process or waiting period required.
This integration allows holders to benefit from both tax rewards and perpetual market revenue, while early liquidity providers receive additional incentives.
The launch represents a strategic step for MYX in expanding its role as permissionless perpetual infrastructure, particularly for meme and tax-token ecosystems.
Market participants may want to monitor trading volume and TVL developments in the coming period.
#MYX #Flap #Perpetuals #DeFi