2022 has certainly been a tough year for everyone. Many collapsing exchanges, products, and portfolios. We are lucky to be in a place where we can keep building for the future and make sure that we are around and prepared for when things begin to look up. While many have been wondering if there will every be another cycle, we feel that this is a rather silly question. In comparison to its traditional counterparts Defi (and other aspects of crypto / blockchain ) are simply able to move far too quickly and innovate in a permissionless manner to be held back for too long.

Over the last few weeks the team has been working on the next phase of Mugen to ensure that our community is able to come along side us as we develop. There have been a few changes including the fact that staking is not set up to be liquid. This is a topic that we plan to revisit at a later date. Also there is the change to disregard governance for the time being as the protocol is not yet mature enough to need this and it would slow down things significantly.

The time is here and we are ready to go live. This guide will detail the necessary steps needed to stake.

As we prepare for our launch we could not be more excited. Many months of work culminating into this one event. However before that we need to make sure that everyone is prepared and has a thorough guide so that they feel comfortable coming along on this journey alongside us.