Collators aggregate parachain transactions block candidates and producing state transition proofs for validators based on those blocks.

Mythos is a specialized gaming blockchain powered by Polkadot Relay chain.

MYTH holders own and govern the protocol.

website

github

twitter

etherscan

Blockchains (L2)

Mythos

# Mythos Token incentives Methodology

## 1. Overview

Token incentives for Mythos measure the total value of native MYTHOS tokens distributed as staking rewards to network participants on a daily basis. This metric captures protocol-level token distributions used to incentivize network participation and validator staking. The calculation aggregates all staking reward payouts from the collator staking system and converts them to USD value using end-of-day price feeds.

## 2. Data sources

- **Mythos blockchain events**: Native blockchain event logs from the Mythos chain, specifically events from the `collatorStaking` pallet with method `StakingRewardReceived`
- **Token price feeds**: End-of-day price feeds from CoinGecko for the MYTHOS token to enable USD conversion
- **Event data structure**: JSON-encoded event parameters containing reward amount data

## 3. Step-by-step calculation

### Component A: Staking reward extraction
- **Purpose**: Extract all staking reward distribution events from the Mythos blockchain
- **Logic**: Filter blockchain events to identify staking reward payouts by selecting events where the `event_pallet` equals `collatorStaking` and `event_method` equals `StakingRewardReceived`. Parse the reward amount from the second element of the `event_data` JSON array and convert from wei denomination to token units by dividing by 1e18
- **Key fields**: `block_timestamp` for timing, `extrinsic_id` for transaction identification, and `amount` representing the reward in MYTHOS tokens

### Component B: Daily aggregation
- **Purpose**: Aggregate individual staking rewards into daily totals
- **Logic**: Group all staking reward events by day using timestamp truncation to the day level. Sum all individual reward amounts to calculate the total daily token incentives distributed. Assign consistent metadata including chain identifier as `mythos`, product identifier as `Mythos Substrate`, and timestamp grain as `day`
- **Key fields**: `timestamp` (daily), `timestamp_grain`, `chain_id`, `product_id`, and `token_incentives` (total daily MYTHOS distributed)

### Component C: USD conversion
- **Purpose**: Convert daily token incentive amounts from MYTHOS to USD values
- **Logic**: Apply USD conversion using CoinGecko price feeds for the MYTHOS token, matching daily token amounts with corresponding end-of-day prices. Maintain all dimensional metadata while adding USD-denominated value
- **Key fields**: Original fields plus USD conversion results from the CoinGecko pricing macro

### Final aggregation
- **Combining components**: Data flows sequentially from event extraction through daily aggregation to USD conversion without additional combining steps
- **Currency conversion**: USD conversion uses end-of-day CoinGecko pricing for MYTHOS token, applied to daily aggregated amounts
- **Time aggregation**: Events are aggregated to daily boundaries using timestamp truncation, with each day representing the total token incentives distributed that day
- **Final calculation**: The final metric represents the total USD value of MYTHOS tokens distributed as staking rewards per day, calculated as the sum of all `StakingRewardReceived` events converted from wei to tokens then multiplied by the daily MYTHOS/USD exchange rate

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Value of native tokens distributed as incentives.

MythosMYTH

Archived

Token incentives

Token incentives

Competitive landscape

Chain breakdown