Myth Finance dualSTAKE

Overview

dualSTAKE is a liquid staking protocol on Algorand that allows users to accrue rewards in Assets. dualSTAKE instances swap staking rewards into a specific asset, e.g. the gobtcALGO dualSTAKE swaps rewards into goBTC. dualSTAKE tokens are backed by ALGO at 1:1 and an increasing amount of the paired rewards asset

Agent Information

Regulatory Considerations

Based on our analysis, Myth Finance dualSTAKE operates in the infrastructure sector with medium regulatory risk. Key considerations for APAC jurisdictions:

• Hong Kong: Generally lower regulatory burden for infrastructure services
• Singapore: May fall under PSA exemptions
• Japan: Depends on specific functionality