Merit System
The Merit system is how Mytho turns community activity into value for totems. It rewards totems—not individual people—for the efforts of their members, giving them a steady flow of MYTHO tokens to grow and thrive. Here’s how it works, where the MYTHO comes from, and why it matters.
What Is the Merit System? Merit is a point system that tracks how active a totem’s community is. When members do things like add layers or invite new people, the totem earns Merit points. These points aren’t for you to keep—they belong to the totem and get turned into MYTHO tokens, which go straight to its treasury. It’s a way to measure and reward the group’s effort.
How Merit Points Are Earned: The totem gets points for specific actions its community takes:
Creating a Layer: When the creator or a member adds a new layer (like a video or meme) and it’s approved.
Inviting New Members: When someone joins and buys the totem using a referral link (only counts for their first purchase).
Buying Totems: When someone purchases the totem on Mytho AMM (the trading system).
Boosting a Layer: When a member locks totem tokens to promote a layer.
Donating to a Layer: When someone sends tokens to a layer’s author as support. The number of holders doesn’t count directly—it’s all about active steps, not just owning tokens.
Turning Points into MYTHO: Every month, the Merit points a totem has earned are converted into MYTHO tokens. These tokens go to the totem’s treasury—not to the creator or any single user. The community then votes on how to use this MYTHO, like rewarding contributors or boosting the totem’s visibility.
Where MYTHO Comes From: Totems get MYTHO for their Merit points from two main sources:
50% of Platform Revenue: Half of Mytho’s income—from fees on token sales, swaps, donations, and layer sales—goes to totems through the Merit system. The more active a totem is, the bigger its share of this pool.
Incentives for 4 Years: For the first four years after launch, Mytho runs an incentive program to jumpstart totem growth. 50% of the total MYTHO token supply is set aside for this—distributed to totems based on their Merit points each month. After four years, this stops, and totems rely on platform revenue.
Monetization for Totems: The Merit system makes totems valuable by tying their growth to real activity. The more layers, invites, and boosts, the more Merit points, and the more MYTHO the treasury gets from revenue and incentives. This cash flow can:
Boost the Totem: Spend MYTHO to make it more noticeable on Mytho.
Reward Members: Share it with people who help the community grow.
Fund Projects: Use it for things like events or upgrades. No one, not even the creator, can just take the MYTHO—it’s locked for community decisions only.
Mythum: Special Boost Week: The last week of each month is called Mythum—a time when totems can earn extra Merit. During Mythum:
1.5x Multiplier: All evaluated actions (except Merit Boost) earn 1.5 times more Merit points for the totem.
Merit Boost: Every member can add a one-time Merit Point boost to a totem via a simple transaction. The transaction costs the user the equivalent of $0.05 in ETH (these funds are directed to the Mytho revenue pool). Each user can only perform one Merit Boost during the entire period — so choose the totem you believe truly deserves your support carefully.
It’s a chance for the community to push harder and rack up more points before the monthly MYTHO payout.
Why It’s Fair: Merit focuses on real effort, not tricks like fake holders. A totem with lots of active members naturally earns more points and MYTHO—split between incentives early on and platform revenue later—making it stronger and more sustainable. The community benefits from its own work, not the platform or creator taking a cut.
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