Staking

Staking allows users to participate and earn from the Mystic ecosystem.

How Staking Works

  • Stake $Mystic at any time.
  • Your DPY rate is locked at the moment you stake — it will not change until you unstake or compound.
  • Yield is calculated per-second but credited on unstake or compound.
  • Users can manually unstake or use the compound button to:
    • Harvest current yield
    • Add it to their principal
    • Lock in a new DPY (at the current global rate)
    • Preserve active cards and slots
    • Apply a cooldown (default: 7 days)

DPY Curve

Mystic employs a dynamic rate mechanism: a new DPY is calculated every minute. High-rate windows create strategic yield spikes, rewarding users who participate in events and spaces, using playing cards or well-timed stakes.

  • Base DPY = 0.05-0.3%
  • The global DPY changes every minute based on a controlled algorithm.
  • This curve is not random — it’s strategically biased to spike during moments of community activity or engagement campaigns.

Sustainability

MysticDAO is a part of the larger Mystic ecosystem, which ensures sustainability through a diverse range of revenue streams.

The Mystic Dapp

  • The Mystic Dapp empowers the Mystic ecosystem. Every on-chain interaction collects a small gas fee which is revenue for the project.
  • Revenue will be used for buybacks on the $Mystic token.

Card Packs

  • Card packs allow users to increase their staking yield.
  • Revenue from card packs is used for buybacks of the $Mystic token.

MagicSwap

  • MagicSwap is our own swap that uses a proprietary router.
  • The swap market is large generating over $1B in fees per year, we aim to achieve 5-10% market share which will greatly support the Mystic ecosystem.
  • Holders are able to earn up to 50% on referral codes
  • MagicSwap also has weekly and monthly leaderboards where users can earn thousands for using the cheapest and faster swap.
  • Revenue from MagicSwap will be split 50/50 - half in buybacks. and the other half to fund giveaways and referrals