Merlin Chain logo
WebsiteBybit LaunchpoolPeople’s Alliance Launchpad

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

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Overview

Project industryBlockchain Infrastructure
Product typeTechnology
WhitepaperMerlin Chain White Paper Open

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.

Details

IEO (Bybit Launchpool): Apr 19, 2024 - Apr 26, 2024
IDO (People’s Alliance Launchpad): Feb 05, 2024 - Feb 10, 2024
Token supply: 2,100,000,000 MERL
Raised: 1,000,000 USD

Legal

Registration year: 2023

Token info

Ticker: MERL
Type: Utility-token

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.

Social media

Merlin Chain web-siteMerlin Chain MediumMerlin Chain TwitterMerlin Chain Discord

MVP

MVP URL

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