$MYRD

Interaction Between $MYRD and $SACRA

$MYRD and $SACRA will coexist in the ecosystem, serving different functions:

  • $SACRA: The primary gaming token used in gameplay mechanics and platform governance.
  • $MYRD: A governance token enabling participation in platform decision-making, as well as being linked to staking and profit distribution.

This functional separation will provide strategic flexibility for participants, offering various ways to interact with the platform and generate returns.

$MYRD Tokenomics

$MYRD is a new ERC-20 multi-utility governance token that will be integrated into the Sacra ecosystem.

Utilities:

  • Governance Participation: The ability to vote on key decisions and changes related to platform development.
  • Staking: Earning xMYRD, which will yield a share of the ecosystem’s profits. The ability to earn additional values.
  • Economic Benefits: Long-term token holding provides capital growth potential due to an expanding user base and the introduction of new utilities.

xMYRD Staking Mechanism

Following the $MYRD token sale, the implementation of the xMYRD staking mechanism is planned. In Sacra, the xMYRD mechanism will allow $MYRD holders to stake their tokens and receive xMYRD, granting them the right to profit distribution.

Currently, platform revenues are allocated to development costs, including developer salaries and marketing. With the introduction of xMYRD, this revenue stream will be fully redirected to benefit xMYRD holders. Since we plan to increase the user base, therefore investors' expected profit will grow.

Emission & Distribution

The emission model for $MYRD is designed to be deflationary, with a capped supply of 100 000 000 $MYRD that will be initially distributed during funding rounds. This approach underscores the project’s commitment to a sustainable economic framework.

Distribution:

Allocation
Amount
Vesting Schedule
Private Sale
2% (2,000,000 MYRD)
Immediately unlocked
Public Sale
4% (4,000,000 MYRD)
Immediately unlocked
Liquidity
4% (4,000,000 MYRD)
Immediately unlocked
Team
20% (20,000,000 MYRD)
6 months cliff, 3.5 year linear vesting
Treasury
30% (30,000,000 MYRD)
1 year cliff, 3 year linear vesting
Community Rewards
40% (40,000,000 MYRD)
1.5 year cliff, 2.5 year linear vesting

Circulating Supply

The initial circulating supply is formed as follows:

  • Public Sale: 4,000,000 MYRD (100% unlocked at TGE)
  • Liquidity: 4,000,000 MYRD (100% unlocked at TGE)
  • Private Sale: 2,000,000 MYRD (100% unlocked at TGE)
  • Team, Treasury, and Community Rewards: Unlocking will follow separate schedules based on ecosystem growth.

The integration of $MYRD into the Sacra ecosystem will create additional opportunities for users and enhance the platform’s stability, ensuring a balance between gaming economy and financial mechanisms.