Myriad Protocol has officially launched on Ethereum Layer-2 network Linea, introducing scalable multichain capabilities and pioneering prediction contracts to decentralized finance (DeFi) ecosystems. This integration enables the protocol to serve hundreds of thousands of users, leveraging Linea’s enhanced transaction throughput for efficient operations.
The protocol’s core multichain strategy treats independent blockchains as distinct ecosystems, ensuring broad accessibility across diverse networks. This foundational approach aims to overcome fragmentation barriers within the DeFi prediction market landscape.
Central to the launch are prediction contracts, heralded as a transformative new DeFi product category with potential impact comparable to ERC-20 tokens. These contracts are designed to fundamentally reshape on-chain capital deployment dynamics in prediction markets.
Future development targets include achieving exponential scaling to deliver 10x the initially projected impact. The expansion roadmap underscores ambitious plans to advance prediction market functionality while maintaining rigorous security standards.
End-users can access the protocol on Linea by signing in and bridging supported assets such as USDC to fund wallets. This streamlined onboarding facilitates direct participation in innovative prediction markets.