Frequently Asked Questions

Mythic is an AI-optimized Solana Layer 2 blockchain. It runs on the Solana Virtual Machine (SVM) via Frankendancer, providing full Solana compatibility with purpose-built AI execution capabilities, sub-second finality, and low fees.

Mythic is a Layer 2 built on top of Solana. While it uses the same SVM runtime, it offers AI-specific precompiles, a dedicated compute market for AI workloads, its own MYTH token with a deflationary burn mechanism, and optimized throughput for AI inference and training operations.

No, Mythic uses the Solana Virtual Machine (SVM), not the EVM. This means it runs Solana programs (smart contracts) written in Rust, C, or via the Anchor framework. Any existing Solana program can be deployed to Mythic L2 without modification.

Visit mythic.fm/bridge, connect your Solana wallet, select the amount of SOL you want to bridge, and approve the transaction. Deposits from L1 to L2 typically process within 1-2 minutes.

Withdrawals from L2 to L1 have a 24-hour challenge period. This is a security feature that allows the network to verify the withdrawal is legitimate before releasing funds on L1. During this period, the withdrawal can be challenged if it is fraudulent.

Yes. Bridged funds are held in a secure escrow contract on Solana L1. The bridge uses sequencer signatures and a challenge period to ensure only legitimate withdrawals are processed. The bridge has been audited and operates with conservative limits: 1,000 SOL max per transaction, 10,000 SOL daily limit.

Minimum deposit: 0.01 SOL. Maximum per transaction: 1,000 SOL. Daily limit: 10,000 SOL. These limits exist as a security measure and may be adjusted through governance.

MythicSwap is the native decentralized exchange (DEX) on Mythic L2. It uses an automated market maker (AMM) model with constant-product pools. Available at mythicswap.app.

MythicSwap charges a total of 25 basis points (0.25%) per swap: 3 bps protocol fee and 22 bps LP fee. The protocol fee is split according to the MYTH burn mechanism (50% validators, 10% foundation, 40% burned).

On MythicSwap, navigate to the pool you want to provide liquidity for, enter the amounts for both tokens, and approve the transaction. You will receive LP tokens representing your share of the pool. LP tokens can be redeemed at any time.

MYTH is the native utility token of Mythic L2 with a total supply of 1 billion. It is used for transaction fees, governance voting, staking rewards, and powers the deflationary burn mechanism where 40% of all fees are permanently burned.

Every fee collected in MYTH is split three ways: 50% to validators as staking rewards, 10% to the Mythic Foundation treasury, and 40% is permanently burned using the spl_token burn instruction. This makes MYTH deflationary -- the supply decreases over time with network usage.

MYTH can be acquired by bridging SOL to Mythic L2 and trading on MythicSwap. On Solana L1, MYTH is available through PumpFun and supported DEX aggregators.

Mythic L2 targets sub-second block times, similar to Solana L1. The actual block time depends on network conditions but is typically under 400 milliseconds.

Add Mythic L2 as a custom network in your Solana wallet. Use RPC URL: https://rpc.mythic.fm and WebSocket: wss://rpc.mythic.fm. Phantom and Solflare are the recommended wallets.

Any Solana-compatible wallet that supports custom RPC endpoints works with Mythic L2. Recommended wallets: Phantom, Solflare. The Mythic web wallet is also available at wallet.mythic.fm.

Yes. Mythic L2 is fully SVM compatible. You can deploy any Solana program using the standard Solana CLI tools. Simply point your CLI to the Mythic L2 RPC endpoint (rpc.mythic.fm) and deploy as usual.