Decrypt and Myriad launched the network on Solana to put news, data and trading in one place, with the MYR token tying together readers, traders and creators.
MYR can be staked to verify information, resolve markets and get priority API and data access. Part of network revenue will go to MYR buybacks and burns, staking rewards and the treasury. Planned products include prediction markets, spot trading, perps and structured event products.
Myriad's prediction markets have processed over $600M in volume. Products roll out over the coming weeks, leading into Solana Breakpoint.
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