Myria (MYRIA)

Tokenomics & Utility

Supply and distribution

MYRIA is an ERC-20 token with a stated total supply of 50 billion tokens. Myria’s published allocation divides that supply into five groups:

• 40% for the ecosystem fund
• 36% for node emissions
• 19% for project development
• 3% for the token generation event and liquidity provision
• 2% for a strategic reserve

The categories serve different purposes. The ecosystem fund is intended to support activity around the platform, while node emissions provide rewards for network contributors. Myria describes node rewards as a daily distribution with a halving schedule. Project-development tokens follow a separate lock and release schedule. As a result, the allocation of the full supply differs from the number of tokens released at any given time. (myria.com)

What MYRIA does

One direct use of MYRIA is purchasing a Myria node license. Operators set up node software, earn points through operation, and claim token rewards on Myria’s Layer 2. The project also describes roles for MYRIA in selected games, exclusive Myria Studios NFT purchases, protocol fees, staking, and governance. Its token page labels staking as “coming soon,” so those listed uses represent a mix of operating features and planned parts of the economic model. (myria.com)

Governance is intended to give participants a voice in the ecosystem’s direction. Node ownership and token holding can each connect users to that process, according to Myria’s published plans. The larger idea is to tie rewards and participation to the work of running services, building games, and using the platform. (myria.com)