๐ฅ$MYRIA Burn
Last updated
Last updated
Myria Studio was created to develop AAA games on Myriaโs blockchain infrastructure to drive user growth for the wider ecosystem. The 'Buy & Burn' process ensures that Metarushโs success directly impacts $MYRIA intending to make it a deflationary cryptocurrency asset in the future horizon.
Metarush generates revenue through various streams within its ecosystem, including but not limited to in-game purchases, transaction fees, tournament entry fees and other monetization avenues. A predetermined portion of the generated revenue is earmarked for the $MYRIA token buyback program.
This process ensures value created by Myria Studio titles such as Metarush creates direct value to the wider Myria ecosystem
The purchased $MYRIA tokens are systematically burned on a regular basis. Token burning involves the permanent removal of tokens from circulation, reducing the overall token supply.
Metarush's token buy and burn mechanism is a dynamic and strategic approach to managing the $MYRIA token's economics. By linking the process to specific revenue streams and ensuring transparency, Metarush aims to create a robust and sustainable ecosystem for its community.