Heard about this one โ€” @MyriadMarkets on @AbstractChain, basically a Polymarket analog. Whatโ€™s interesting is that @farokh is behind it



๐ŸŸจNot many know that @RugRadio is also Farokh project. And hereโ€™s the kicker: Myriad is giving away 25.5% of the $MYR supply to $RUG and RugGenesis NFT holders โ€” basically rewarding their true community

Numbers:
๐Ÿ”นTotal supply: 255,000,000 $RUG
๐Ÿ”ธIn circulation now: 93,000,000 $RUG (the rest locked in NFTs)
๐Ÿ”นCurrent FDV $RUG = 255M ร— $0.15 = $38.25M, which feels relatively cheap

If you ignore the wickiness, the chart doesnโ€™t look bad. I grabbed a bit for a flip.

Idea is: 1:1 distribution. Since $RUG supply is 255M (= 25.5% of $MYRโ€™s 1B), and with only 93M liquid while most remains locked till 2027, itโ€™s unclear how theyโ€™ll manage unlocks. Thatโ€™s why I just positioned for a flip, not a long-term hold into Myriadโ€™s TGE
NOT-0.15%
IN4.03%
BAD5.17%
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