Merlin Chain, the largest Bitcoin Layer 2 protocol by total value locked (TVL), is thrilled to announce the launch of its native token, $MERL. As a significant enhancement to the Bitcoin network, Merlin Chain facilitates the rapid growth of decentralized applications (DApps) across various sectors, including decentralized finance (DeFi), gaming and social platforms.
Since its mainnet debut in February 2024, Merlin Chain has seen explosive growth, accumulating over $3.6 billion in TVL and fostering a vibrant ecosystem with more than 200 native DApps. The introduction of $MERL marks a pivotal moment in the evolution of Merlin Chain, offering enhanced governance, security and ecosystem development opportunities for its users.
$MERL Token Utilities and Features
$MERL, operating under the Bitcoin-compatible blockchain standard BRC-20, has a total supply of 2.1 billion tokens and is meticulously designed to empower the community through various utilities.
Token holders can shape the future of Merlin Chain by voting on critical proposals, thus actively participating in governance. Additionally, users can stake $MERL to enhance the security of the network, ensuring its reliable performance. $MERL also facilitates the payment of transaction fees within the Layer 3 enhancements. Community members may support network operations through collator delegation or operate their collators by utilizing $MERL tokens. Furthermore, $MERL serves as native liquidity and collateral, enabling seamless transactions and robust lending mechanisms within the ecosystem.
$MERL Token Allocation
$MERL’s 2.1 billion tokens will follow the specified rules for allocation:
Merlin’s Seal
20% of the total supply of $MERL tokens will be airdropped to participants of the Merlin’s Seal event. This event showcased an impressive TVL of $3.6 billion, with 91% of these funds coming from the Bitcoin community, including $1.75 billion in BTC and $980 million in BRC-20 assets. This substantial support from the Bitcoin community has been vital to the rapid growth and expansion of Merlin Chain in recent months.
Public and Private Sales
1% of the total supply of $MERL tokens is designated for public sale through the People’s Launchpad, providing a broad range of investors with an opportunity to participate. Additionally, 15.23% of the total supply is allocated to private investors, who have access to tokens through two distinct release schedules.
Advisors and Team
3% of the total supply of $MERL tokens is reserved for strategic advisors whose expertise and guidance are instrumental to the project’s success, with a vesting schedule aligned with the platform’s growth. Additionally, 4.20% is allocated to the dedicated core team in recognition of their continuous contributions, ensuring their commitment to the project’s long-term development through a structured vesting plan.
Community and Ecosystem
16.57% of $MERL’s total supply is allocated for community rewards designed to foster participation and engagement within the ecosystem. 40% of the tokens are distributed through grants and incentives aimed at stimulating development and innovation on Merlin Chain.
$MERL will be distributed over a four-year timeline.
Together, all token allocations enhance the vibrancy and growth of Merlin’s platform by rewarding active community involvement and supporting innovative projects that contribute to the ecosystem’s expansion.
$MERL Token’s Listing Schedule
Merlin Chain is set to mark a significant milestone with the upcoming listings of its native token, $MERL, on multiple crypto exchanges.
As a BRC-20 token, $MERL will be the third of its kind to be featured on OKX. Deposits will be available starting April 17, 2024, at 10:00 UTC; trading will begin on April 19, and withdrawals will be on April 20.
Additionally, $MERL will debut as the first new coin on Hashkey Global, following the same trading schedule as OKX.
Noteworthy listings also include Bitget, where deposits are already open, and trading set for April 19. Other platforms like Gate.io, Kucoin, WOO X, ByBit and BingX are aligning with similar deposit and trading schedules.
This expansion into various major exchanges underscores Merlin Chain’s robust growth and the community’s strong support, which has been instrumental in its development. The leadership of Merlin Chain expressed gratitude for the community’s role in this progress, emphasizing that these developments are just the beginning of their mission to “Make Bitcoin Fun Again” and unlock the full potential of Bitcoin through innovative Layer 2 solutions.
About Merlin Chain
Merlin Chain is a native Bitcoin Layer2 that is committed to empowering Bitcoin’s native assets, protocols, and products on Layer1 through its Layer2 network to Make Bitcoin Fun Again. Merlin Chain integrates the ZK-Rollup network, decentralized oracle network, and on-chain BTC fraud-proof modules. Merlin Chain has locked over 3.5 billion TVL within 30 days after its mainnet launch. The team behind Merlin, Bitmap Tech, is 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.
Website | Twitter | Discord | Telegram
Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.
Betzula guncel giris, en populer bahis platformu konusunda essiz deneyimler sunar. buyuk futbol kars?lasmalar? icin en h?zl? sekilde favori tak?mlar?n?za destek olabilirsiniz.
Betzula’n?n yuksek guvenlik onlemleri, kullan?c?lar?na her zaman kolayl?k saglar. Betzula Twitter hesab?n? takip ederek en son haberlerden haberdar olabilirsiniz.
favori futbol kuluplerinizin maclar?n? takip edebilir.
Ayr?ca, platformun en yeni versiyonu, mobil cihazlar uzerinden kolay erisim sunar. Ozel olarak, betzula guncel giris, kolay ve h?zl? giris imkan?.
Betzula, mobil uyumlu ve h?zl? erisim f?rsatlar?na kadar profesyonel bir hizmet sunar. Fenerbahce Galatasaray derbisi icin bahis yapmak icin Betzula ile kazanmaya baslay?n!
371212+
Betzula Twitter, casino oyunlar? konusunda essiz deneyimler sunar. derbi heyecan? icin Betzula giris yaparak yuksek oranlar? kesfedebilirsiniz.
Betzula’n?n yuksek guvenlik onlemleri, her cihazdan erisim imkan? tan?r. guncel duyurular? kac?rmadan bonus f?rsatlar?ndan haberdar olabilirsiniz.
en onemli spor etkinliklerinin en iyi oranlarla kazanc saglayabilirsiniz.
Ayr?ca, Betzula guncel giris adresi, kullan?c?lara s?n?rs?z erisim sunar. Ozel olarak, betzula twitter, profesyonel bir deneyim saglar.
Betzula, en genis bahis seceneklerinden ozel turnuvalara kadar profesyonel bir hizmet sunar. favori tak?m?n?z?n galibiyetini kutlamak icin Betzula ile kazanmaya baslay?n!
707707+
Welcome to Our Premier Limo Service
Experience the ultimate in luxury and convenience with our top-tier limo service, designed to cater to your every need. We specialize in providing exceptional transportation solutions for all your travel requirements.
Shuttle From Sea-Tac Airport to Blaine, Canadian Border
Whether you’re traveling for business or pleasure, our shuttle service from Sea-Tac Airport to Blaine, near the Canadian border, ensures a smooth and stress-free journey. Our professional drivers are well-versed in the routes and regulations, making your border crossing experience seamless. Enjoy the comfort and reliability of our shuttles, equipped with modern amenities to make your trip enjoyable.
Town Car and Limo from Sea-Tac Airport to Blaine
For those seeking an elevated travel experience, our Town Car and Limo services from Sea-Tac Airport to Blaine offer unparalleled luxury. Our fleet includes a variety of high-end vehicles, each meticulously maintained to ensure your comfort and safety. Our experienced chauffeurs are committed to providing you with a personalized and discreet service, ensuring you arrive at your destination in style.
Snohomish Limo Service
Discover the beauty of Snohomish with our premier limo service. Whether you’re planning a special event, a corporate outing, or simply want to explore the area in style, our Snohomish limo service is the perfect choice. Our fleet of luxurious vehicles is equipped with state-of-the-art features to enhance your travel experience. Our professional chauffeurs are knowledgeable about the local area and dedicated to providing you with a memorable journey.
Why Choose Our Limo Service?
– Luxury and Comfort: Our fleet of high-end vehicles is designed to provide you with the ultimate in luxury and comfort.
– Professional Chauffeurs: Our experienced and courteous chauffeurs are committed to ensuring your journey is smooth and enjoyable.
– Reliability: We pride ourselves on our punctuality and reliability, ensuring you arrive at your destination on time, every time.
– Safety: Your safety is our top priority. Our vehicles are regularly maintained and our chauffeurs are trained to the highest standards.
– Customized Service: We offer personalized services to meet your specific needs, whether it’s a special occasion, business travel, or a leisurely trip.
Book your next journey with us and experience the difference that exceptional service can make. Contact us today to reserve your limo or shuttle service and let us take care of the rest.
На днях нашел на РіРёР·Р±Рѕ официальный,
и решил рассказать своим впечатлением.
Сайт кажется очень интересной,
особенно когда ищешь надежное казино.
Кто уже использовал Gizbo Casino?
Расскажите своим опытом!
В частности интересно узнать про бонусы и фриспины.
Например, есть ли Gizbo Casino специальные предложения для начинающих игроков?
Еще интересует, где найти рабочее зеркало Gizbo Casino, если официальный сайт не работает.
Читал немало разных отзывов, но интересно узнать реальные советы.
Например, как эффективнее использовать промокоды на Gizbo Casino?
Поделитесь своим опытом!
Недавно наткнулся на gizbo casino зеркало,
и решил рассказать своим опытом.
Платформа кажется довольно интересной,
особенно когда ищешь качественное игровое заведение.
Кто реально использовал Gizbo Casino?
Расскажите своим мнением!
Особенно интересно узнать про бонусы и фриспины.
Допустим, предлагают ли Gizbo Casino особые условия для новых игроков?
Еще интересно, где получить рабочее зеркало Gizbo Casino, если официальный сайт не работает.
Видел немало противоречивых отзывов, но хотелось бы узнать реальные советы.
Допустим, как эффективнее активировать бонусы на Gizbo Casino?
Поделитесь своим опытом!
Недавно наткнулся на gizbo casino рабочее,
и решил поделиться своим впечатлением.
Сайт выглядит довольно интересной,
особенно если ищешь качественное игровое заведение.
Есть кто-то реально пробовал Gizbo Casino?
Поделитесь своим опытом!
В частности любопытно узнать про бонусы и фриспины.
Например, предлагают ли Gizbo Casino особые предложения для начинающих игроков?
Также интересно, где получить рабочее зеркало Gizbo Casino, если основной портал недоступен.
Видел немало разных отзывов, но интересно узнать реальные рекомендации.
Допустим, как эффективнее активировать бонусы на Gizbo Casino?
Поделитесь своим опытом!
… [Trackback]
[…] Find More on on that Topic: coinchapter.com/merlin-chain-launches-merl-a-major-leap-forward-in-bitcoin-layer-2-solutions/ […]