Mythos Foundation Launches MYTH Staking, Offers 30% Return

Coin WorldWednesday, Mar 19, 2025 10:53 am ET
2min read

Mythos Foundation, a leader in Web3 gaming innovation, has launched MYTH staking on the Mythos Chain, a move aimed at rewarding its community and fostering a decentralized gaming ecosystem. This initiative allows holders of the Mythos (MYTH) token to actively participate in the network’s growth while earning attractive rewards.

The Mythos Chain, developed in collaboration with Mythical Games, is tailored for gaming, providing players and developers with a scalable infrastructure and a suite of developer-friendly tools. The introduction of MYTH staking enables the Mythical Games community to contribute to the network’s decentralized node infrastructure, enhancing its security and stability. In return, participants receive token rewards, creating a mutually beneficial relationship.

The staking rewards are sourced directly from the Mythos Foundation treasury, ensuring that the MYTH token retains its non-inflationary nature. Over time, MYTH is designed to become deflationary as gas fees on the Mythos Chain are burned, reducing the overall token supply. This burn rate is expected to increase with network activity, creating a sustainable and value-driven ecosystem for MYTH holders. Since the launch of the staking program on March 10th, the community has enthusiastically embraced the opportunity, with over 30 million MYTH tokens already staked by early adopters, who will share a pool of 50 million MYTH tokens throughout the year.

Mythical Games CFO Kasper Jørgensen expressed excitement about the launch, noting the high level of engagement within the first 48 hours. This marks the beginning of what is expected to be a transformative year for the Mythos Chain, as the foundation continues to build an ecosystem that will host the future of gaming for companies like Mythical.

To participate in MYTH staking on the Mythos Chain, users are encouraged to use either Subwallet or

Wallet, two popular and secure wallet options. Staked tokens accrue rewards linearly, with daily claim options. Unstaking requires a 3-day cooldown period before the MYTH tokens can be fully claimed. Rewards are dependent on the number of delegators and a given collator, with estimates showing an approximate 30% return.

Beyond staking and governance, MYTH serves as an interoperable utility token with a wide range of applications within the Mythos ecosystem. It is used to pay for gas fees on the Mythos Chain and to facilitate transactions on the Mythical Marketplace, a vibrant hub for trading in-game assets.

Mythos' introduction of the MYTH staking mechanism is a significant development in the Web3 gaming landscape. It offers a new way for gamers to earn rewards and participate in the network's governance, while also contributing to the overall security and stability of the Mythos ecosystem. This move is expected to drive greater engagement and adoption within the Mythos community, solidifying its position as a pioneer in the Web3 gaming industry.

By rewarding gamers for their participation, Mythos is setting a new standard for how Web3 games can engage their communities and create value for their users. The staking feature is part of Mythos' broader vision to shape the future of Web3 gaming, aiming to create a more immersive and rewarding gaming experience by leveraging the benefits of blockchain technology. This includes providing players with true ownership of their in-game assets, enabling seamless cross-game interoperability, and fostering a more transparent and fair gaming environment.

Mythos' strategic decision to integrate staking into its ecosystem reflects the growing importance of decentralized finance (DeFi) in the gaming industry. By positioning itself as a leader in the Web3 gaming space, Mythos is likely to attract more gamers and investors to its platform, further enhancing its growth and influence in the industry.