Category

MYST

$MYST now on QuickSwap! Discover the fastest, cheapest way to trade

$MYST token is now listed on QuickSwap. You can trade MYST with a number of coins and cryptocurrencies at a fraction of the cost and speed when compared to other Ethereum-based DEXs.

 

To celebrate our listing on QuickSwap and support our community, we are also covering the costs of transferring your funds from Ethereum to Polygon blockchain. Once you’ve made the switch, you can also easily participate in our liquidity campaign. This campaign will start on 8th of April and finish on the 14th of April. Learn how you can participate here.

What is QuickSwap?

 

QuickSwap is a fork of Uniswap, the original Automated Market Maker. Uniswap is the largest decentralized exchange on Ethereum, significantly contributing to the increase of trading activity on the network. However, extreme network congestion has led to high transaction fees, making this DEX very expensive to use.

QuickSwap solved Ethereum’s congestion problem by deploying Polygon’s Layer 2 technology. (Polygon is formerly known as Matic Network, and we will refer to Matic during certain steps in the trading guide, as their wallet, token and network are still labelled as such.)

To provide users with the best possible speeds and price, QuickSwap plans and executes a sequence of multiple token swaps. For example, to convert my QUICK tokens to XYZ tokens at the best possible price, QuickSwap determines the best route is to convert QUICK into SX, then DAI and then XYZ. Moreover, you don’t have to figure this out for yourself, it’s just chosen and executed automatically.

Why have we chosen QuickSwap?

 

QuickSwap provides its users with several important benefits:

 

1. High-speed transactions at significantly low costs

At the time of writing, the cost of a ‘fast’ transaction (~30 seconds) on the Ethereum network is $11.51, while the price for a single Uniswap trade costs more than $100 in fees!

Ethereum transaction gas costs as of April 2d, 2021.

 

In comparison, transactions via Polygon can be confirmed in as little as several seconds, at a cost of around $0.00002 USD.

Matic transaction gas costs as of March 31st, 2021. 

2. Familiar and easy-to-use interface

You can trade on QuickSwap directly from your wallet. Furthermore, if you have used Uniswap previously, you will have no issues when switching to QuickSwap as their interface is very similar.

3. Ability to earn passive income by providing liquidity + receive QUICK tokens

As with Uniswap, every user is able to earn passive income by providing liquidity to the various liquidity pools. Every trade on QuickSwap costs 0.3% of the total amount, a fee which is then split equally among liquidity providers based on their owned percentage of the pool. Additionally, liquidity miners also receive QUICK governance tokens.

How to trade MYST on QuickSwap

Now that you understand the benefits of trading via QuickSwap, it’s time to get moving. If you’ve already used QuickSwap in the past and have some tokens ready, you can start trading here. 

Otherwise, there’s some initial setup, including transferring your tokens from the Ethereum network so you can finally avoid that traffic jam and high gas costs. 

Don’t forget to read up on our campaign – Mysterium is covering the costs of your blockchain switch for a very limited time! AND we’ll be spreading some bonus $MYST around to liquidity providers.

Step 1: Add a custom RPC for MATIC to your wallet

If you can’t see “Matic Mainnet” listed among your available networks in your wallet, you need to set this up before transferring funds and begin using QuickSwap. 

You can do this by adding “Matic Mainnet RPC” as a custom network in your wallet.

For MetaMask wallet users, press the network selection button on the top of the app. Go to “Custom RPC”:

After pressing “Custom RPC”, you should see a screen allowing you to set up a custom RPC. 

Enter the following Matic Mainnet details shown in the screenshot below:

Network Name: Matic Mainnet

New RPC URL: https://rpc-mainnet.matic.network

Chain ID: 137

Symbol: MATIC

Block Explorer URL: https://explorer.matic.network/

Once entered, press the “Save” button. That’s it! You are now connected to the Matic Mainnet.

 

Step 2: Move tokens from Ethereum to Matic Network

To move your funds from from Ethereum blockchain to the Matic one, you can use the Matic bridge:
https://wallet.matic.network/bridge/

You can then connect your own wallet of choice:

And sign the signature request:

After you have connected your wallet, you will see the Matic Wallet V2 interface. You should press “Move funds to Matic Mainnet”:

If you are transferring MATIC tokens, you will need to use the Plasma bridge. 

If you are transferring ERC20 like MYST or ETH, please use the PoS bridge.

The currency shown by default on this transfer module will be ETH, but you can choose the funds you would like to transfer, as shown in the next screenshot.

Once you select your chosen cryptocurrency, type the amount you’d like to transfer:

After you have chosen the desired cryptocurrency and its amount, press the “Transfer” button:

In the next step you will see a warning message. Press “Continue”:

On the next screen, you will see the transfer overview with the cost of each transaction in the process:

After pressing Continue, you will see the estimated transaction fee. Press “Continue” again:

You will need to finally confirm the transaction in your wallet: 

It can take nearly 8 minutes and two transactions to successfully transfer your funds to Matic. This should cost you approximately $25-20 (at the time of writing), so make sure you have enough ETH in your wallet to cover this fee.

You can also use this guide to transfer your funds back onto the Ethereum blockchain, if you need to one day.

Step 3: Claim you free MATIC tokens when you make a trade

To acquire free MATIC tokens with your next QuickSwap trade, go to the Quickswap.Exchange and on the right upper corner press the “CLAIM MATIC” button. Please be aware that you can only claim free tokens when you currently have no MATIC in your wallet. You will also need to have at least 1 DAI/USDC/USDT in your wallet.

Check your wallet to ensure that you received 0,1 Matic. 

Step 4: Swap for MYST

Choose the desired cryptocurrency for swap by pressing on “MATIC”:

You will see a list of all tokens available for trade. You can find MYST by typing it in the search bar:

You can also check the available liquidity pools by pressing the “Charts” button:

You can provide liquidity by pressing the “Add liquidity” button:

 

You can withdraw your funds at any time using the same Matic dashboard. 

And that’s it – you can now make super quick trades at a fraction of a cent! If you still have any questions, jump into our Telegram, Twitter or Discord and our team can help you out.

And don’t forget to join our campaign so you can earn $MYST rewards. 😎

Happy swapping.

 

Some other useful links:

How to transfer funds from Ethereum to Matic

How to trade on QuickSwap

How to add tokens to liquidity pools on QuickSwap

Switch to Polygon & join our QuickSwap liquidity campaign

$MYST token is now listed on QuickSwap. You can trade MYST with a number of coins and cryptocurrencies at a fraction of the cost and speed, compared to other Ethereum-based DEXs like Uniswap.

Even though trading on QuickSwap is simple, many users will still need to transfer their funds from the Ethereum blockchain to the Polygon one. You can check our blog post here for the step-by-step guide on how to do this. 

When you are transferring funds from one network to the other, two transactions must occur. At current prices, it’s approximately $25-30 USD to make the switch. To celebrate our listing on QuickSwap DEX and support our growing community, we are covering the costs of transferring your funds from Ethereum to Polygon.

Note that Polygon recently rebranded and is formerly known as Matic Network. We refer to Matic at times, as their wallet, token and blockchain are still labelled in this way.

Campaign timeline

The campaign will start on 8th of April and will finish on the 14th of April. Participants will be paid their rewards between 22th and 28th of April, after the campaign ends.


How can I participate?

You need to transfer funds from Ethereum to Polygon (Matic) and/or conduct at least one MYST/USDC trade on QuickSwap between the 8th and 14th of April. Save the links to the two transactions that occurred during the transfer process, and the link to your trade on QuickSwap, so we can confirm your participation.

Please note that you will need to submit all links via this form between the 15th and 21st of April. 

Since QuickSwap uses an automatic algorithm to swap tokens at the best possible price, you don’t exactly need MYST or USDC to trade the MYST/USDC pair. If you have funded your wallet on Matic mainnet with tokens other than USDC or MYST, you can still participate in the campaign, as QuickSwap can convert the tokens for you. 

 

Requirements of participants

  1. You performed at least one MYST/USDC trade between the 8th and 14th of April.
  2. You have filled in this form between the 15th and 21st of April, with the links to your transfer and trade confirmed on the blockchain, as well as your Matic wallet address that supports WETH.

Your compensation

You will receive compensation in WETH for the costs of the transfer, up to a maximum of $30.

For example, Alice transferred funds from Ethereum to Matic and paid 0.005678454 ETH for the fist and 0.01024992 ETH for the second transaction.

In total, Alice paid: 0.005678454 + 0.01024992 = 0.015928374 ETH

Therefore, we will deposit 0.015928374 WETH into her Matic address. If the total value of the two transfers exceeds $30, we will compensate Alice $30 in WETH based on the current exchange rate. 

How should I fill the form?

When you transfer funds from the Ethereum to Matic blockchain, usually two transactions must occur. You need to submit proof of these transactions. You can use a blockchain explorer like Etherscan.io  which shows the transaction confirmations on the Ethereum blockchain. See the example in the screenshots below:

After that you will need to submit a link showing your confirmed trade on QuickSwap. Since Quickswap is a decentralized exchange, all transactions are displayed on the public blockchain. Please use the Matic blockchain explorer links to prove your confirmed trade: https://explorer-mainnet.maticvigil.com/

Check the screenshot below for an example:

Please do not submit links to your liquidity contribution in this field. Only users that have transferred their funds and performed at least one trade are eligible to receive compensation.

In the last step you need to submit your wallet address used for Polygon (Matic) trading, where you will be able to receive your compensation in WETH. 

 

QuickSwap campaign for liquidity miners

Liquidity miners can also benefit from Mysterium’s listing on QuickSwap. We encourage everyone to add funds to the MYST/USDC liquidity pool between the 8th and 14th of April and hold them for at least 30 days.


Campaign timeline

The campaign will start on the 8th of April. Users should add liquidity to the pool between the 8th and 14th of April. Rewards will be paid between 14th and 20th of May, after the campaign ends.

 

How can I participate?

Add funds to the MYST/USDC liquidity pool between the 8th and 14th of April and hold them for 30 days. We’re putting 10.000 MYST bounty pool and you will receive a proportional part to your size of the pool (our own liquidity will be excluded from calculations).

 

Requirements for participants

  1. You added liquidity to the MYST/USDC liquidity pool between the 8th and 14th of April.
  2. You have held the funds in the MYST/USDC liquidity pool for at least 30 days. Liquidity providers don’t need to fill out the form mentioned before. Each participant will receive a part of 10.000 MYST rewards pool in the MYST wallet address that was used to add liquidity.

 

Your compensation

You will receive a percentage of the 10,000 reward MYST allocated for this campaign. For example, Bob added 5,000 MYST to the pool and held the funds for 30 days. The total size of the QuickSwap pool reached 100,000 MYST, so Bob occupies 5% of the total pool.

Consequently, Bob will receive:
10.000 MYST * 5% = 500 MYST

We will deposit Bob’s wallet with 500 MYST.

Want to get involved in Mysterium Network today?

Mysterium網絡 is a decentralized VPN, with a growing global residential IP node network. There are versions of Android, Mac and Windows apps free to try and easy to use.

Stay tuned for more updates. If you are interested in participating, running a node, or generally have any questions, jump into our discord channel and speak directly with our core team.

Join the Valentine’s Day Giveaway

Valentine's Day Bitcoin

Remember that Ex you dumped? It’s time to win them back...

We know Valentine’s Day can be hard. But you don’t have to spend it alone. Mysterium’s crypto VPN will always be here for you, with versions for Android, Windows and Mac. (Hold on iOS, we’re coming for you!)

To show you that we care, we’re reuniting you with your favourite crypto, and introducing you to a very special new one (MYST), so you can experience the dVPN magic for yourself. 

Show us some love on Twitter by following us, then commenting on, or quote ReTweeting, our official V-Day Giveaway tweet.

Just tell us which cryptocurrency you ever regret selling and why, and you could win equal parts of your ex-token and MYST.

It will be the perfect pair <3 so you can start unblocking and anonymously accessing all the content your heart desires.

You’ll win up to $50 USD worth of crypto, split between the two types of tokens. 

Three winners will be announced on Valentines day, 14th Feb. 

Please read our Terms & Conditions for the competition below and learn more about Mysterium VPN.

Discover Mysterium dVPN

Mysterium Apps

Pay-as-you-go

 ⚡️ Stream, connect, share and socialise by the second

🔌 Switch on and off whenever you need. Only pay for what you actually use

💸 No contracts, no subscription, no locked-in costs

用加密貨幣付款

👻 It can’t be blocked and tracked

🕵️‍♂️ Pay for your privacy the anonymous way

Stay invisible, secure and untraceable

🔗 Technologically impossible to store central logs or data

🛡 Protect all your devices with OpenVPN and WireGuard protocols

 🌐 Select any IP address you like from our global list

Terms & Conditions

OFFICIAL RULES: Mysterium Network Valentine’s Day Giveaway

Competition is open to all residents with no purchase necessary. 

Entrants who have created social accounts purely for the purpose of entering Competition will not be eligible to win.

Entrants must be able to receive prizes via a cryptocurrency wallet address to be eligible to win. Entrants are responsible for creating and providing a cryptocurrency wallet address to collect prize(s). 

Winners will be chosen and announced on or before 14th February 2021 and announced via @MysteriumNet Twitter account. 

No purchase necessary to enter or win a prize in this Competition (defined below). A purchase will not increase your chances of winning. Void where prohibited by law.

Enter via use of a personal Twitter account.

The Competition is a campaign sponsored by BlockDev AG independently and is in no way endorsed by Twitter, Inc.

By entering into the Competition you agree to be bound by these official rules, please read them carefully before entering. Without limitation, this contract includes indemnities to the sponsor from you and a limitation of your rights and remedies.

 

GENERAL

  1. Sponsor: “Mysterium Network” is sponsored by BlockDev AG, a company incorporated under the laws of Switzerland (“Mysterium Network” or “Sponsor” of “Mysterium” for the purpose of this document), 

 

  1. Eligibility:

The Competition is open on the date of entry to those who have a Twitter account.

 

  1. Competition Period:

The competition begins at 11:00 GMT on February 9th 20201 until 16:00pm  GMT on February 14th 2021 (“Competition Period”).

 

  1. How to Enter:

To participate and enter this competition: you will need an eligible account on Twitter. 

If you don’t already have a Twitter account, visit https://www.Twitter.com to create one; or visit your App store and download Twitter; creating a Twitter account is free. By submitting your information and creating a Twitter account, you will be required to agree to the Twitter terms of service and privacy notice. If you do not agree to Twitter’s terms of service and privacy notice, you cannot create a Twitter account. Availability is subjected to supported countries.

 

To enter the competition on Twitter, the Entrants must complete the following actions:

  • Navigate to the official Twitter account of Mysterium Network, https://twitter.com/MysteriumNet or @MysteriumNet
  • Follow the official Mysterium Network account on Twitter.
  • Navigate to Reply-To or comment on the Tweet about Mysterium’s Valentine’s Day competition. Quote ReTweeting is also acceptable. You must write which cryptocurrency you regret selling and why.

 

NOTE: Sponsor may not receive entries from Twitter users with “protected” or “private” updates (i.e., user has set their Social Media Account or so that only people the user has approved can view updates)

 

Each entrant can only win one time, or one Prize in this Competition. Entrants who have won a prize from Mysterium Network within 90 days are not eligible and will be disqualified. 

 

Sponsor may disqualify entries if the Entry and related tag includes inappropriate, offensive, or other derogatory language or information. Sponsor reserves the right to remove, reject, or disqualify (along with the Entrants who submitted them) any Entry or related tag which, in its sole opinion, (a) violates any of these Official Rules, the terms of service and privacy policy of Twitter or Mysterium Network, (b) infringes, misappropriates, or violates any rights of any third party including, without limitation, patent, copyright, trademark, trade secret, or right of privacy or publicity, or (c) is otherwise inappropriate for inclusion in the Competition. For purposes of this Competition, only Entries that are recorded through Twitter will be included. Other proof of submitting an Entry (such as a printed or copied screenshot or message) does not constitute proof of actual receipt of the Entry for purposes of this Competition. 

 

Entries and Twitter posts not received by Sponsor will not be entered into the Competition. Attempts made by an individual to submit Entries in violation of these Official Rules by using multiple or false contact information or otherwise may be disqualified. Entries that are generated by a macro, bot, or other automated means will not be accepted and will be void. Entries made by any other individual or any entity or group, or originating at any website other than as set forth specifically above, including, without limitation, through commercial Competition subscription notification or entering services, will be declared invalid and disqualified for this Competition. 

 

As a condition of entering the Competition, without limiting any other provision in these Official Rules, each Entrant gives consent for Sponsor and its agents to obtain and deliver his or her name, address and other information to third parties for the purpose of administering this Competition and complying with applicable laws, regulations, and rules. Such third parties may use your information for their own independent purposes in accordance with their own independent privacy practices. Except as otherwise contemplated in these Official Rules,

 

The Sponsor is not responsible for any changes or unavailability of Twitter services that may interfere with the Competition (including any limitations, restrictions, or any conditions on Sponsor’s ability to use Twitter for the Competition as set forth herein that are not acceptable to Sponsor) or ability of Entrant to timely enter, receive notices or communicate with Sponsor via Twitter, in which case Sponsor, in its sole discretion, may terminate or modify the Competition. It is a potential winner’s responsibility to set his/her Social Media Account as applicable, to accept contacts by Sponsor and to timely check such account for any Sponsor direct messages.

 

  1. Winners Selection:

Winners will be chosen by the Sponsor. The odds of winning depend on the relevancy, quality and popularity of Entries received through Twitter.

 

If a winner did not fulfill the requirements that constitute an Entry then the Prize is automatically forfeited in Sponsor’s sole discretion.

 

Entrants cannot win more than one Prize during the duration of this promotion. Entrants who have won a prize from Mysterium Network within 90 days are not eligible and will be disqualified. 

 

  1. Winner Notification:

 

The Prize Winners on Twitter will be notified by receiving a direct message from @MysteriumNet to their Twitter account with a request for their cryptocurrency wallet address, (a “Winner Notification”). Once the Prize Winner provides such information they will receive the prize in their cryptocurrency wallet address. 

 

Prize winners receiving Winner Notifications will NEVER be asked for private keys or private information. Mysterium Network is not responsible for loss of funds due to incorrect or inactive cryptocurrency addresses, or sharing of private login and private key information of which Mysterium Network does not require for participation or prize retrieval associated with this promotion.  Prize winners are advised to backup their wallets and save their seed or private keys in a safe location that is offline. 

 

All other Prize Winners will be notified by the contact information they provided to the @MysteriumNet Twitter account, such as Email address, with a request from an official Mysterium Network team member to confirm their preferred cryptocurrency wallet address (a “Winner Notification”). 

 

If any Winner Notification or other Competition communication is rejected or returned as undeliverable, if a potential Winner cannot be reached after a reasonable attempt has been made by Sponsor (as determined by Sponsor in its sole discretion), or if the potential Winner fails to respond to a Winner Notification within 48 hours, the prize will be forfeited in Sponsor’s sole discretion. 

 

Sponsor reserves the right to modify the notification procedures in connection with the selection of any alternate potential Winner. If legitimately claimed in compliance with these Official Rules, the prize will be awarded. 

 

 

  1. Prizes:

Eligible entrants will be selected to receive a select amount of MYST from the prize lot. 

Each of the Prize Winners will win one prize from the prize lot. 

The prize lot is as follows:

Three (3) distributions of cryptocurrency tokens valued at $50 USD, in equal share of $25 USD in MYST and $25 USD in Prize Winner’s cryptocurrency of choice, such as Bitcoin (BTC).

 

 

The Prize Winners will receive their prize in a cryptocurrency wallet of their choice pending communication after Winner notification. 

 

All prize details not specified in these Official Rules will be determined in Sponsor’s sole discretion. Sponsor is not responsible for and will not replace any lost or stolen prize or any prize that is undeliverable or does not reach the Prize Winner because of incorrect or changed contact information. If the Prize Winner does not accept the entire prize, the unaccepted or unused part of the prize will be forfeited and Sponsor will have no further obligation with respect to that prize or portion of the prize. Sponsor is not responsible for any inability of the Prize Winner to accept or use any Prize (or portion thereof) for any reason. No transfers or prize substitutions will be made, except at Sponsor’s sole discretion. No more than the stated prizes will be awarded. Participants waive the right to assert as a cost of winning any prize, any and all costs of verification and redemption or travel to claim or use a prize and any liability and publicity which might arise from claiming, seeking to claim, or using a prize.

 

  1. Licenses and Approvals:

Entrants may not submit an Entry on behalf of someone else. By submitting an Entry, Entrant represents and warrants that Entrant meets all eligibility criteria for participation in the Competition. In addition, by submitting an Entry in this Competition, Entrant grants the Sponsor an irrevocable, perpetual, non-exclusive worldwide license to publish, post, display, copy, distribute, transmit, edit, use alone, together or with other works, and otherwise exploit the Entry, Entrant’s name, voice, persona, likeness, image, prize information, any quotes attributable to Entrant, biographical data and any other indicia of persona in any manner whatsoever throughout the world, including on the Internet, and at any time or times, in connection with the Competition, in any and all forms of media, now known or hereafter discovered, without additional compensation, review or approval rights, notification or permission, except where prohibited by law, and Entrant releases all Releasees (as defined below) from any and all liability related thereto. Entrant further acknowledges that if Entrant is chosen as a winner, Entrants identifying information, including but not limited to Entrants name, may be disclosed to third parties including, without limitation, being placed on a winners’ list.

 

  1. Limitation of Liability:

The Releasees are not responsible or liable for any of the following: (a) stolen, lost, late, misdirected, garbled, mutilated, damaged, incomplete, inaccurate, or illegible Entries, e-mail, mail, Competition-related correspondence or postage-due mail or any technical, computer, mechanical, printing, typographical, human or other errors relating to or in connection with the Competition, including, without limitation, errors which may occur in connection with the administration of the Competition, the mailing or transmission of notification or correspondence, the processing of Entries, the announcement of any prize or in any Competition related materials; (b) technical failures of any kind; (c) unauthorized human and/or mechanical intervention; (d) human error; (e) any error, omission, interruption, defect or delay in transmission or communication; (f) viruses or mechanical malfunctions; (g) errors, typos, or misprints in these Official Rules, in any Competition related advertisements or other materials; or (h) lost or unavailable network connections. Sponsor is not responsible for electronic communications that are undeliverable as a result of any form of filtering or insufficient space in Entrant’s email account. Sponsor is not responsible, and may disqualify Entrant, if his or her email address, telephone, or other contact information does not work or if it is changed without Entrant giving prior written notice to Sponsor. If for any reason an Entry is confirmed to have been erroneously deleted, lost or otherwise destroyed, corrupted or for any other reason not accepted as an entry into the Competition, Entrant’s sole remedy is another Entry in the Competition.

 

As a condition of participating in this Competition, each Entrant agrees to release, indemnify and hold harmless sponsor, Competition entities, Twitter, and each of their respective parent companies, subsidiaries, affiliates, divisions and advertising, and public relations agencies, and each of their respective agents, representatives, officers, directors, members, shareholders and employees (collectively, “releasees”) from and against any liability whatsoever for injuries or damages of any kind sustained in connection with the use, acceptance, possession, misuse or awarding of any prize, while preparing for, participating in and/or traveling to or from any Competition or prize related activity, including, without limitation, any injury, damage, death, loss, or accident to person or property. Each winner agrees that the prize is provided as-is without any warranty, representation or guarantee, express or implied, in fact or in law, whether now known or hereinafter enacted, relative to the use or enjoyment of the prize. Further, the releasees are not responsible in any way for any additional expenses, omissions, delays, or re-routing resulting from any acts of any government or authority.

 

  1. Additional Disclaimers:

Without limiting any other provision in these Official Rules, Releasees are not responsible or liable to any entrant or Prize Winner or any person claiming through such entrant or Winner for failure to supply the prize or any part thereof in the event that any of the Competition activities or the Releasees’ operations or activities are affected, as determined by the Sponsor in its sole discretion, including, without limitation, by reason of any acts of God, any action, regulation, equipment failure, threatened terrorist acts, terrorist acts, air raid, blackout, act of public enemy, earthquake, war, fire, flood, epidemic, explosion, unusually severe weather, hurricane, embargo, labor dispute or strike labor or material shortage, transportation interruption of any kind, civil disturbance, insurrection, riot, or any law, rule, regulation, order or other action adopted or taken by any governmental, federal, state or local government authority, or any other cause, whether or not specifically mentioned above.

 

  1. Disputes and Governing Law:

By participating in the Competition, each entrant agrees that to the extent permitted by applicable law: (1) Any and all disputes, claims and causes of action that cannot be resolved between Entrant and any releasee arising out of or connected with the Competition, or any prize awarded, will be resolved individually, without resort to any form of class action; (2) Any and all claims, judgments and awards will be limited to actual third-party, out-of-pocket costs incurred, (if any), not to exceed ten dollars ($10.00), but in no event will attorneys’ fees be awarded or recoverable; (3) Under no circumstances will any Entrant be permitted to obtain any award for, and Entrant hereby knowingly and expressly waives all rights to seek, punitive, incidental, consequential or special damages, lost profits and/or any other damages, other than actual out-of-pocket expenses not to exceed ten dollars ($10.00), and/or any rights to have damages multiplied or otherwise increased; and (4) Entrant’s remedies are limited to a claim for money damages (if any) and Entrant irrevocably waives any right to seek injunctive or equitable relief.

 

These Official Rules shall be governed by the laws of Switzerland. Any dispute, controversy, difference or claim arising out of or relating to this Memorandum, including the existence, validity, interpretation, performance, breach or termination thereof or any dispute regarding non-contractual obligations arising out of or relating to it shall be referred to and finally resolved by arbitration administered by the ICC International Court of Arbitration under the Switzerland International Chamber of Commerce Administered Arbitration rules in force when the Notice of Arbitration is submitted. 

 

  1. General Rules:

Sponsor’s failure to enforce any term of these Official Rules shall not constitute a waiver of that provision. Sponsor’s decisions will be final in all matters relating to the Competition, Sponsor reserves the right to restrict or void online Entries or participation from any IP address if any suspicious Entry and/or participation is detected. Sponsor reserves the right, in its sole discretion, to void Entries of any Entrants who Sponsor believes has attempted to tamper with or impair the administration, security, fairness or proper play of the Competition. In the event there is an alleged or actual ambiguity, discrepancy or inconsistency between disclosures or other statements contained in any Competition-related materials and/or these Official Rules (including any alleged discrepancy or inconsistency in these Official Rules), it will be resolved in Sponsor’s sole discretion. Entrants waive any right to claim ambiguity in the Competition or these Official Rules. If Sponsor determines at any time in its sole discretion that Entrant is disqualified, ineligible, or in violation of these Official Rules, or engaging in behavior that Sponsor deems obnoxious, inappropriate, threatening, illegal or that is intended to annoy, abuse, threaten or harass any other person, Sponsor reserves the right in its sole discretion to select an alternate winner. The invalidity or unenforceability of any provision of these Official Rules will not affect the validity or enforceability of any other provision. If the Competition is not capable of running as planned for any reason, Sponsor reserves the right, in its sole discretion, to cancel, modify or suspend the Competition and award the prize from eligible entries received prior to cancellation, modification, or suspension or as otherwise deemed fair and appropriate by Sponsor. In the event of a dispute concerning who submitted an Entry, the participant will be declared to be the registered account holder of the Social Media Account as applicable, of record for the account submitting an Entry during the Competition Period, but only if that person meets all other eligibility criteria, otherwise the Entry may be disqualified and any potential Prize won will be forfeited in Sponsor’s sole discretion. Each potential Winner may be required to provide Sponsor with proof that he or she is the authorized account holder. If a dispute cannot be resolved to Sponsor’s satisfaction, the Entry and individual(s) may be deemed ineligible in Sponsor’s sole discretion. Any damage made to the Website, and the Twitter service will be the responsibility of the registered account holder of the e-mail address for the Social Media Account, as applicable, submitted at the time of entry. Any attempt to damage an online service or web site or undermine the legitimate operations of the Competition violates criminal and civil laws. If any such attempt is made, the sponsor may seek damages to the fullest extent permitted by law and may disqualify any participant making such attempt. 

 

  1. Official Rules and Winner List:

For a copy of these Official Rules or a list of winners, please email the Sponsor at help@mysterium.network

$MYST now listed on Bittrex Global

Bittrex Mysterium MYST

Major exchange Bittrex has launched Mysterium on their platform, introducing MYST token to the global cryptocurrency market.

This listing is an exciting gateway to MYST and unlocks new liquidity for the entire Mysterium ecosystem. 

Anyone holding MYST will now be able to receive and store their tokens in their Bittrex wallets.

From 28th January, any Bittrex Global user holding Bitcoin (BTC) or USDT can easily get their hands on some MYST tokens.

The trading pairs available:

  • BTC <> MYST
  • USDT <> MYST

Note that users who send their old legacy MYST tokens (unmigrated) to the exchange will LOSE them permanently. Learn how to migrate manually here.

What this means for the community

Uganda protests social media tax

Internet censorship and surveillance is expected to worsen in 2021. In the second week of January alone, a total internet shutdown was ordered in Uganda, coordinated by the country’s dictatorial leadership, in an attempt to disrupt the nation’s democratic general election. 

Mysterium’s peer-to-peer network powers censorship-resistant applications which can give users secure and private access to the internet. We are reinventing the $30 billion VPN industry with this next-generation internet technology. 

It helps bypass debilitating blackouts which infringe on our basic human rights, such as freedom of speech and access to information. We’re rewiring the internet from the inside out, creating a new, more secure layer of the internet that cannot be switched off by governments or corporations.

And the MYST token ties it all together.

As we grow and make Mysterium Network an increasingly global platform, we need this native token to also be available and tradeable on a global level. 

Though built on Ethereum, we’re a blockchain agnostic project. We want to ensure our community is made up of a diverse range of cryptocurrency users, not just those familiar with Ethereum-based utility tokens. 

Making MYST available on a global exchange means we can lower the barrier to entry so our dVPN can be discovered and easily accessible by crypto holders everywhere.

What is MYST?

MYST is the network’s reserve currency. Instead of paying a regular VPN service a monthly subscription to unblock websites and apps, users pay peers (nodes) within the distributed network to connect to their residential IP address. Users can pay with MYST and other major cryptocurrencies, such as Bitcoin (BTC), while nodes easily earn MYST by the minute or hour.

The MYST token does more than transfer value in the network. It acts like digital fuel, powering Mysterium’s various functions and applications, while keeping the network safe from things like DDoS attacks. 

Like most other cryptocurrencies, MYST has helped forge new online communities, where global networks like ours can easily share internet resources with each other, such as storage, computing power, and now privacy.

web 3 mysterium

MYST token helps power new decentralised apps and platforms which make up the Web 3.0

What is Bittrex Global?

Bittrex Global is a secure, reliable and advanced digital asset trading platform developed for international (non-USA) customers and built on Bittrex’s cutting-edge technology. This international trading platform provides innovative tokens, while also providing instant trade execution, dependable digital wallets, and industry-leading security practices.

Some main benefits of trading via Bittrex:

  • Secure platform 

Bittrex Global employs the most reliable, effective security technologies available. Security is always their first priority. 

  • Custom-built trading engine

Their custom trading engine was designed to be scalable and to ensure that orders are executed in real-time. 

  • Fast deposits and withdrawals

A highly efficient and automated monitoring platform allows Bittrex to provide users the fastest transactions available today. This includes updates on balance, trade, and holding information. 

  • Driving Innovation 

To help drive innovation in the blockchain industry, Bittrex seeks to provide its users with an ever-growing selection of blockchain technologies and digital tokens, including tokenised stocks of Tesla, Apple and Amazon shares.

Bittrex trading competition

MYST trading competition on Bittrex Global

To kick off our launch on Bittrex Global, we’re giving away $15,000 in MYST tokens to our new community of Bittrex users.

The competition will kick off on the 1st of February and run for seven days. It includes three types of promotions, which reward Bittrex users when they trade with MYST. You can read about the trading competition on the Bittrex website.

Note that to participate in this competition you will need a Bittrex Global account.

 

Promotion #1: Trade MYST to win $7,500 in MYST Tokens

Promotion #2: Buy MYST to Win $5,000 in MYST Tokens

Promotion #3: Sign up for a Bittrex Global account, trade MYST, and get free tokens 

 

(Terms and conditions apply, so be sure to read these first on the Bittrex website.)

Uniswap Liquidity Campaign

For those seeking a decentralized trading alternative, we launched the MYST Liquidity Engagement Campaign earlier this month. It rewards liquidity providers for providing liquidity to the MYST/ETH pair on UniSwap.

We have already completed our latest airdrop for participants, with our liquidity pool doubling in size since the beginning of the campaign. So far, participants have received their share of more than 7700 $MYST.

Join the campaign here.

Uniswap Liquidity

Dive into the dVPN with MYST

Last month we shared details of Mysterium’s testnet upgrade, which came with some exciting new features and functionalities. This includes changes to our node registration flow, updates to My Mysterium Network, a different UI, the ability to earn in 2 networks during the migration, top up VPN apps with your crypto of choice (not just MYST), and the freedom to use our dApp in China!

We have been in stealth mode upgrading a small percentage of our user base and node runners onto Testnet 2.0, to test and learn. Now we’re rolling out Testnet 2.0 to everyone on Mysterium Network. 

You can experience the power of our global, decentralized network at your fingertips, using your crypto of choice. Top up your Mysterium dVPN account with Bitcoin, Litecoin, Ether or any other major crypto thanks to our Coingate integration. 

crypto vpn

Download Mysterium dVPN today and experience some MYST magic for yourself.

With Mysterium dVPN, you’ll get some free test tokens. After you run out of these tokens, you will be prompted to top up with MYST, BTC, LTC or other cryptocurrencies. Download the Mysterium VPN now and try before you buy.

Matic Network powers Mysterium P2P payments

Are you ready for faster, cheaper dVPN transactions? Matic Network is making it happen for you!

 

We’re excited to share that we’ve partnered with Matic Network. We’re only weeks away from our live integration with their custom Layer 2 solution, which will provide all users of Mysterium dVPN with almost instant P2P payments, at a fraction of the cost. (Quite literally, it’s a millionth of a fraction…)

 

The problem we are solving with Matic Network

As the wider community is surely aware, we as an industry have been facing specific challenges with expensive transaction fees on the Ethereum blockchain. 

With the freedom of speech online being debased, a global pandemic and other macro forces in play  – we see it as a priority to enable peer to peer payments in the most frictionless way possible.

Mysterium Network, with our pay as you go service, is a natural ally for emerging markets when high transaction fees on Ethereum lock these users out.

This integration with Matic Network will mean that Mysterium account creation and top-ups will happen on a sophisticated and scalable Layer 2 sidechain, instead of on the Ethereum blockchain.

MATIC network

What this means in technical terms:

  • Hermes, Mysterium’s accounting hub, will be running on both Ethereum and Matic – find out more about Hermes hub in our micropayments whitepaper.
  • You will be able to move MYST tokens onto Matic via a Hybrid Plasma-POS Bridge. This bridge provides a POS and a Plasma option to bridge assets between Ethereum and Matic. 
  • The mysterium payment system will support cross-chain payments. This means that VPN users can have funds on L2 Matic chain, and Mysterium node runners can accept funds on L1 (Ethereum)

 

Some relevant numbers – registration TX fee on…

ETH mainnet: 10.3322418978 MYST

Matic: 0.000005699966589 MYST

In short, Matic is  1, 812, 685 times cheaper!😱

 

Want to know more?

We have written extensively on the topic in the context of building out a global censorship-resistant layer. For those interested: 

  1. Layer 1, 2, 3 and beyond: The search for the cheapest and fastest microtransaction
  2. Introduction to micropayments in a decentralised virtual private network (dVPN)
  3. Read our technical deep dive on peer to peer micropayments.

Want to get involved in Mysterium Network today?

Mysterium網絡 is a decentralized VPN, with a growing global residential IP node network. There are versions for AndroidMac and Windows, currently free before our full launch.

Follow us on Twitter for regular updates or jump into our discord channel to speak directly with the core team.

 

Mysterium Network begins token migration

Mysterium Network begins its official token migration today, 31st August 2020. This will be a 1:1 token migration, so no new tokens will be created. Legacy tokens will not be supported in the network, so you will need to migrate your tokens before topping up in-app.

Here’s the new MYST token address: 0x4Cf89ca06ad997bC732Dc876ed2A7F26a9E7f361 

了解更多。 about how the Mysterium Network token migration moves the project towards peer to peer payments on the Ethereum blockchain.

What is Mysterium BetaNet?

Mysterium BetaNet is the first iteration of peer to peer payments within Mysterium Network: 

  • MYST as a means of value exchange in the network 
  • Payments are settled on the Ethereum blockchain 
  • It’s our second stage towards Mysterium Mainnet.

Mysterium Network is running an opt-in BetaNet. Mysterium Network will not be migrating TestNet users to BetaNet at this stage. VPN services continue to be accessible on Mysterium TestNet.

Sign up to take part in Mysterium BetaNet.

What should MYST token holders do?

MYST token holders are encouraged to migrate their tokens at their earliest convenience.  

Though there is no deadline on the migration, you will not be able to access VPN services within Mysterium Network using legacy MYST. 

If your MYST is held in a decentralised exchange or in a wallet, you will have to migrate your tokens yourself. Please follow the token migration guide. 

If you have your tokens stored on HitBTC, they will be migrated for you. The Mysterium Team is currently working with their team and will provide updates as we progress.

MYST token migration guide

Migrating a token is simply to upgrade the smart contract of that token. In the case of Mysterium, we are upgrading legacy MYST (pure ERC20) to new MYST (ERC20 with `permit`: 712-signed token approvals).

This is a 1:1 token migration so there will be no new tokens created.

How will MYST token migration work? 

From 31st of August, MYST token holders will be able to start migrating their tokens into the new token standard. This will become the standard MYST token used within Mysterium Network’s payment system. All exchanges are informed and are preparing for the upgrade on their end. If you are holding MYST on HitBTC exchange, the migration will be done automatically and you will not need to do anything. 

If you are storing your MYST tokens outside the exchanges, you will have to conduct the migration yourself. In essence, you will need to initiate a transaction from your wallet address which holds MYST tokens into our current token smart contract address and call an upgrade function upgrade(uint256 value) there.

Note:

  • While there will be no time limit for migrating tokens, please be aware that only the new token standard will be used in the Mysterium Network payment system and actively traded on exchanges. However, you will not lose your original MYST tokens if you do not migrate within a specific deadline. This means you can perform your token migration at a convenient time to you. Your wallets which are supporting ERC20 tokens will work fine with the upgraded MYST token as well. 
  • During the upgrade transaction, legacy MYST tokens will be burned and new MYST will be created and sent to the same address.
  • You can do migration in parts, so no worry if after migration someone sends you legacy MYST tokens. You will be able to migrate them as well.
  • The MYST migration process has no time limit. If anyone in the future sends you legacy MYST, you will be able to migrate them at any point in time.

Do I need to have ETH on the address where my MYST tokens are in order to migrate them successfully?

You need a small amount of ETH on the same address where your MYST tokens are in order to pay for gas fees on the Ethereum network. Due to high transaction fees on Ethereum blockchain, we recommend having at least 5 USD of ETH there and set at least 90.000 gas limit. You can check average gas fees before starting the migration here.

Token migration steps

Where should I store my MYST tokens and how do I manually migrate them?

The token migration process includes several options – MetaMask, Etherscan or MyEtherWallet (MEW). Through MyEtherWallet you can use:

  • Ledger (also possible to use with MetaMask and Etherscan)
  • Trezor (also possible to use with MetaMask and Etherscan)
  • Digital Bitbox
  • Secalot
  • Keystore / JSON File
  • Mnemonic phrase / seed
  • Private key

Token Migration using My Ether Wallet (MEW)

If your MYST tokens are stored in one of the above forms, please select MEW when you reach the step where you need to select the wallet that stores your MYST tokens. Once you have synchronised your wallet with MEW, you can start now with the token migration process:

  1. Go to the home page of https://myetherwallet.com
  2. Click on “Send > Send Transaction”
  3. Select ETH as a type of token to send and enter the 0 as amount
  4. Enter the address of the legacy MYST token smart contract:  0xa645264C5603E96c3b0B078cdab68733794B0A71
  5. Enable “Data & Gas Limit” under Advanced options. Set at least 90.000 gas limit.
  6. Add your payload data (use payload generation tool)

  7. Click on “Send Transaction”.
  8. You new tokens will be visible on new MYST smart contract address: 0x4Cf89ca06ad997bC732Dc876ed2A7F26a9E7f361

 

Token Migration using Etherscan

You are also able to migrate your tokens via Etherscan and interact with the contract directly.

  1. Go to the token contract page directly https://etherscan.io/address/0xa645264C5603E96c3b0B078cdab68733794B0A71
  2. Navigate to the “Write Contract” tab on the Contract page.
  3. Connect to a Web3 provider, such as MetaMask, Fortmatic or Portis. You can connect a hardware wallet such as Trezor or Ledger to your MetaMask extension, and thus interact without MYST leaving your hardware wallet.
  4. Find upgrade function in the list and type in the amount of tokens you’d like to migrate. NOTE: legacy MYST token had 8 zeros, so to migrate 123,05 MYST, you should type: 12305000000.
  5. Metamask will show popup, adjust gas fee and make a transaction. After the transaction is mined, your new tokens will be visible on the new MYST smart contract address: 0x4Cf89ca06ad997bC732Dc876ed2A7F26a9E7f361

 

Token Migration using Trust wallet

You’re able to upgrade the smart contract of MYST token inside your Trust Wallet app. Follow the steps below to help you in transition.

  1. Connect to your Trust Wallet, tab on Ethereum and click Send.
  2. Next, enter 0 in the ETH amount to send and the address of the legacy MYST token smart contract: 0xa645264C5603E96c3b0B078cdab68733794B0A71.
  3. Click on “Continue”.
  4. In the “Confirm Transaction” screen click on the gear icon at the top right corner.
  5. Head over to “Transaction Data (Optional)” and paste your payload generated by https://mysteriumnetwork.github.io/payload-generator/. Set at least a 90.000 gas limit.
  6. Click on “Save” and then “Confirm Transaction”.
  7. After a minute the transaction should be validated on the blockchain and your tokens will be successfully migrated.