$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.

Last updated 1 year ago

$MYRD is an ERC-20 functional multi-utility token, which will be used as DAO token in Sacra Universe.

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.

Last updated 1 year ago