MITH is excited to announce the release of the first phase of MITH Vault beta on June 30th! Please note that we will be releasing various features of MITH Vault via multiple stages.

Below is a list of features that we will be introducing in the next few updates:

MITH Vault is an all-dimensional vault brought to you by MITH team.

The façade of a small box symbolizes the safe box, a keeper for your digital assets. The lid is the seamless combination of the letter “M” from MITH and “V” from vault — where it opens up to a multi-functional cryptocurrency vault.

The MITH Vault comes with three major features:

Funds Shift Staking

Please see below for elaboration:

Funds

You can synchronize your MITH by connecting your Lit and MITH Vault accounts.

After you’ve synchronized both accounts, the withdraw function will be conveniently available to you on the “Funds” page at MITH Vault. This lets you withdraw MITH that you’ve acquired through social mining to any wallet that supports ERC-20 tokens.

Let’s say you have 100 MITH in your Lit account. After you’ve connected both MITH Vault and Lit accounts, you will have 100 MITH in MITH Vault. If you’ve decided to withdraw 100 MITH to your hot/cold wallet(s), both your MITH Vault and Lit accounts will have 0 MITH.

MITH Vault also supports both MITH and ETH deposits!

In addition, you can “stake” MITH on the “Funds” page at MITH Vault — we will soon come back to that.