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Keep the web world wide

MYST powers

access to global

information 

MYST is the native utility token at the heart of Mysterium Network. Pay for VPN services, or earn it in the P2P bandwidth marketplace. 

Interested in Tokenomics 2.0?

Coming 2022.

Stake and Earn Rewards

What is MYST Tokenomics 2.0?

Our future tokenomics model will introduce new opportunities

for both node runners and token holders. It’s the risk-free, collateral-free way to earn crypto passive income, thanks to the IQ Protocol.

Node Runners

Stake your MYST to run

a node. Earn rewards in MYST.

Token Holders

Add your tokens to the Delegation Pool. Earn rewards in MYST.

Where To Get MYST?

Currently Listed On
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MYST Info

MYST contract address on Ethereum

Audit Report
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Audit report for MYSTv2 token

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VPN

MYST powers your borderless internet experience

NODES

MYST rewards you for powering the censorship-resistant web

HOLDERS

Delegate MYST to support

ecosystem growth

Already hodl MYST? You’ve come to the right place.

Token Migration Guide

Mysterium has started upgrading its token to ERC721

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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.

Find out how to migrate your token.

FAQ

What is MYST token?


MYST is a type of cryptocurrency known as a utility token. This means it serves a specific purpose as a native digital currency within a particular network or platform. In this instance, MYST enables peer-to-peer transactions within the Mysterium Network. Instead of paying a regular VPN service to unblock websites and apps, you can use MYST to pay people around the world when you connect to their IP address.




How do I store my MYST?


MYST is an ERC-20 token and can be stored in any Ethereum wallet (MyEtherWallet, Metamask, Ledger, Trezor, etc). MYST is also compatible with the ERC-721 token standard. MYST is also compatible with Binance Smart Chain and Polygon.




What is a decentralised VPN (dVPN)?


A decentralised VPN is an open, peer-to-peer marketplace that is permissionless (meaning no intermediary and anyone can join). It enables anyone to run a node and rent their unused bandwidth and IP address to those in need. Nodes replace the traditional role of a server. Users can select from this global list of residential IPs located all around the world, allowing them to unblock content. Users pay nodes for providing this VPN service for the time or bandwidth used. Thanks to this peer-to-peer (P2P) architecture, it’s technologically impossible for us to log your browsing activity or data (unlike regular VPNs). There are also no contracts, no subscriptions, and no locked-in costs. You can switch on and off whenever you need, and only pay for what you actually use, minute by minute.




How do I buy MYST?


See the "Where to find MYST" section on this page, or find a full list also on CoinMarketCap. MYST is available on Bittrex Global, HitBTC, Uniswap V3 (Ethereum), PancakeSwap (Binance Smart Chain) and QuickSwap (Polygon). Token holders can transfer MYST between the Ethereum and Binance Smart Chain networks using this guide. You can then start trading on PancakeSwap. Token holders can also transfer MYST beteween the Ethereum and Polygon blockchains, so you can trade on QuickSwap. Check out this guide.




Why use cryptocurrency?


Just like Bitcoin and other cryptocurrencies, MYST tokens are censorship-resistant and pseudo-anonymous by default. Instead of regular fiat money, where governments control the supply, a cryptocurrency acts like universal internet cash. It is borderless and nationless, as it can be ‘minted’, owned and used by anyone. Cryptocurrencies have helped forge new online communities, like Mysterium. Peers within a distributed network like ours can easily share resources with each other, such as storage, computing power and even privacy. Cryptocurrency provides a way for all these participants to interact and trade with one another without trusting each other and without third parties being involved (permissionless). In this way, we can leverage cryptocurrency to enable fast, cheap and anonymous transactions between these peers.




Do I need MYST?


If you’d like to use the Mysterium VPN, you can top up your account with a range of other cryptocurrencies such as Bitcoin, Litecoin and Ether. These cryptocurrencies will be automatically converted into MYST behind the scenes. All nodes will receive their payments in MYST. MYST can be manually converted into your cryptocurrency of choice. Beyond its use as a transfer of value, MYST is a representation of your active involvement and intention to participate within Mysterium Network. In this way, MYST enables more than just P2P payments. When network actors have “skin in the game” they help increase the overall security of the network, protecting against various types of attacks. It also establishes a community around a purpose, so the network can grow and evolve with its token holders.




What is token migration? Can I send old MYST to an exchange?


Migrating a token is simply upgrading the smart contract of that token (its “standard”). In the case of Mysterium, we are upgrading our ERC-20 token to include the ERC-721 token functionality. This is a 1:1 token migration so there will be no new tokens created. You should not send MYST tokens that have not been migrated to an exchange. Make sure to migrate your tokens before sending them on to exchanges. See the MYST token migration guide for step by step instructions on how to migrate your tokens.




What if I'm a Binance user?


This is the cheapest way to get some MYST if you're Binance user. If you have Binance, but don't have Bittrex account, and don't want to pay high transaction fees on Ethereum network, then you can follow these steps: 1. Buy the amount of MATIC tokens you'd like to trade for MYST. 2. Install Metamask (or use Trezor / Ledger hardware wallet if you need additional security). 3. Configure it to worth with Polygon chain ( use this guide if you need) 4. Withdraw your MATIC into your wallet address generated by MataMask. Don't forget to choose Polygon (not Ethereum) in the Binance withdrawal interface. 5. Go to QuickSwap and swap your MATIC to MYST. NOTE: Don't forget to leave 1 MATIC for yourself to cover future Polygon tx fees.





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