Back to home

    Myro

    $MYRO

    Evaluation Score

    Overall rating on a scale of 0-10

    RiskReturn
    06.010
    Risk Level:
    Medium
    Recommendation:Speculative position only
    Evaluated:May 13, 2025 (v2)

    Crypto Token Health Score Explained

    Our AI-powered health score evaluates on-chain metrics, community support, tokenomics, and more. This helps DeFi investors understand risk, compare tokens, and make informed decisions. Learn how to analyze DeFi tokens' risk and use these insights for DeFi portfolio risk management.

    AI Analysis

    Comprehensive evaluation of the token

    Overall Analysis

    Myro Protocol shows consistent development momentum (6/10) and boasts a strong security posture (8/10) with multiple audits and an active bug bounty. Community engagement is healthy (7/10) and governance is on-chain, yet core team transparency and detailed DAO processes are lacking. Tokenomics (5/10) suffer from undisclosed supply caps, emission schedules, and vesting terms, raising dilution and centralization concerns. The decentralized identity use case addresses real market needs, but competition is intense and differentiators are moderate. Overall, Myro’s fundamentals are solid, but key unknowns in token economics and team disclosures suggest caution.

    Detailed Analysis by Category

    Development Activity

    Code updates and developer engagement

    RiskReturn
    06.010

    Community Support

    Social media presence and community engagement

    RiskReturn
    07.010

    Tokenomics

    Supply, distribution, and utility

    RiskReturn
    05.010

    Market & Use Case

    Value proposition and competitive landscape

    RiskReturn
    06.010

    Team & Governance

    Team background and project governance

    RiskReturn
    06.010

    Security & Audits

    Security history and audit status

    RiskReturn
    08.010

    About Myro ($MYRO)

    Myro ($MYRO)

    Myro ($MYRO) is the native utility and governance token of the Myro Protocol, a decentralized platform for secure identity verification and data privacy. Built as an ERC-20 token on the Ethereum blockchain, $MYRO enables holders to participate in governance, stake for network rewards, and cover transaction fees across the Myro ecosystem.

    Key Features

    • Utility & Governance: Power on-chain voting, proposal submissions, and protocol upgrades.
    • Staking & Rewards: Stake $MYRO to earn network rewards and enhance protocol security.
    • Low Fees & Scalability: Optimized for fast, cost-effective transactions with Layer 2 support.
    • EVM Compatibility: Works seamlessly with MetaMask, Trust Wallet, and cross-chain bridges.

    Token Details

    • Symbol: $MYRO
    • Standard: ERC-20
    • Blockchain: Ethereum

    Ecosystem & Support

    $MYRO is supported by leading wallets, DEXs, and DeFi platforms for seamless trading and yield services. For technical documentation and community updates, visit the official Myro Protocol resources.

    Similar Rated Tokens

    More for DeFi Investors

    • Yield Farming Analysis: Discover the best tools and strategies for maximizing your returns from yield farming in DeFi.
    • AI vs Fundamentals: See how Token Vitals combines AI crypto price prediction with fundamental analysis for a balanced investment perspective.
    • Risk Scores Explained: Learn how our crypto risk scores differ from traditional credit scores and what that means for your portfolio.
    • On-Chain Metrics: Understand which on-chain metrics matter most when investing in tokens and how to use them effectively.
    • US Investor Analytics: Access crypto analytics designed for US investors, including features to help with tax tracking and compliance.
    • Finding Value: Explore our data-driven lists to uncover top undervalued DeFi tokens for 2025 and beyond.