# $MYRD $MYRD is an ERC-20 functional multi-utility token, which will be used as DAO token in Sacra Universe. ## Utility * **Governance:** Serving as the governance token, $MYRD empowers holders to participate in voting on various decisions impacting the Sacra Universe. * **$SACRA Minting:** Holders can utilize $MYRD for minting $SACRA at a one-to-one ratio across any blockchain. This process results in the burning of $MYRD, aligning with a deflationary mechanism. * **Passive Income through veMYRD:** By locking $MYRD-USDC LP into a voting escrow NFT (veMYRD) for durations ranging from 1 week to 4 years, users can earn a % of all in-game fee revenues in form of USDC. This income is derived from a share of all in-game transaction fees, further incentivizing long-term holding and participation in the ecosystem. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.sacra.cc/sacra-whitepaper/tokenomics/usdmyrd.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.