Merlin Chain logo

Merlin Chain (MERL)

Status
IDO
IEO

Merlin Chain offers a native scaling solution that integrates ZK-Rollup network, decentralized oracle network, and on-chain BTC fraud proof modules. It is committed to empowering Bitcoin’s native assets, protocols, and products on Layer1.

Funding Round: NA

Strategic Round: $1 Million

Merlin Chain White Paper Whitepaper

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Interest lvl
Medium
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User Rating
Medium
3/5 2 votes
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Ticker
MERL
Type
Utility-token
Registration year2023
Launchpads

What is Merlin Chain

Merlin Chain is a Bitcoin Layer2 that integrates ZK-Rollup network, decentralized oracle network, and on-chain BTC fraud proof modules. Merlin Chain is committed to empowering Bitcoin’s native assets, protocols, and products on Layer1 through its Layer2 network, to Make Bitcoin Fun Again.

Merlin Chain is a subsidiary product line of Bitmap Tech, a premier OG team boasting an overall market cap exceeding $500 million. The BRC-420 “Blue Box” collection under Bitmap Tech has become one of the hottest assets on Ordinals.

Merlin Chain Roadmap

1
Phase 1

Starting in early February, users can stake $BTC, $Bitmap, $ETH, $USDT, $USDC, and some BRC20 and BRC420 assets and claim the M-points daily. More assets will be supported later.

2
Phase 2

The system that generates liquid staking tokens on Merlin Chain will go live within two weeks. Once operational, users will receive the liquid staking tokens on Merlin Chain, facilitating interaction and profit generation.

3
Phase 3

In March, users will be able to claim $MERL rewards based on the M-points they have accumulated.

4
Phase 4

In April, users will be able to withdraw their staked assets using the M-Token.

Token Sale Dates

IDO

Start date: Feb 05, 2024
End date: Feb 10, 2024

IEO

Start date: Apr 19, 2024
End date: Apr 26, 2024

Token Allocation

Total Token Supply 2,100,000,000 MERL

Funding Details

Funds Raised (as of now) 1,000,000 USD

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