Peruvian myrrh resin is known for its calming and grounding effects. It has an earthy, slightly piney-sweet aroma and is often used in incense. Myrrh is traditionally associated with spiritual opening, meditation, and healing. It is also used to bring peace and for the consecration, and blessing of talismans, charms, and magickal tools. 
Myrrh gum resin has many uses, including as an anti-inflammatory, to boost immunity, and to promote spiritual enlightenment. It also contains chemicals that can kill bacteria and reduce pain.
It's used as a fragrance and can be burned on Aroma Lamps.