 | Merlin Chain (MERL)IEO IDO   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 IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat 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.
DetailsIEO (Bybit Launchpool): Apr 19, 2024 - Apr 26, 2024IDO (People’s Alliance Launchpad): Feb 05, 2024 - Feb 10, 2024 Token supply: 2,100,000,000 MERL Raised: 1,000,000 USD LegalRegistration year: 2023 | Token infoTicker: MERLType: Utility-token |
Merlin Chain Roadmap
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.
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.
In March, users will be able to claim $MERL rewards based on the M-points they have accumulated.
In April, users will be able to withdraw their staked assets using the M-Token.
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MVP
