Myriad Protocol Rolls Out Expansion to Ethereum L2 Linea
Myriad Protocol has officially launched on the Ethereum layer-2 network Linea, marking a significant milestone in its multichain expansion. This integration primarily aims to facilitate the use of Myriad's prediction contracts, which are set to create a new class of decentralized finance (DeFi) products. According to co-founder and CEO Loxley Fernandes, the partnership with Linea will help bolster the resources available for Ethereum users. Myriad's expansion is not a move away from its previous platform Abstract but an extension to better serve a larger user base. Myriad aims to look at different blockchain ecosystems holistically, providing opportunities based on user capital across various chains. The team emphasizes a commitment to innovating in the prediction market space, envisioning a future where these contracts can be ubiquitous in DeFi, similar to how ERC-20 tokens are utilized. As Myriad prepares to distribute new products and infrastructure, executives express optimism about significantly changing user interactions within content and prediction markets.
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