Bitcoin Layer2 solution Merlin Chain held a staking and airdrop event in early February, with a staked amount exceeding $3.2 billion. Today (17th), the official X account of Merlin Chain tweeted that the airdrop page is now open for inquiries and is expected to be listed on the exchange on the 19th.
(Table of Contents)
– MERL Airdrop Page Open for Inquiries
– Details of Airdrop Distribution
– OKX and HashKey to List Merlin Chain (MERL)
Background:
– Influpia: Paru Mining, the popular mining on Merlin Chain, satisfies users’ desire for “fair launch”
The Bitcoin Layer2 solution Merlin Chain held a staking and airdrop event in early February, with a staked amount exceeding $3.2 billion. Its founder, Jeff, claimed that this would be the largest Layer2 airdrop. Today (17th), the official X account of Merlin Chain tweeted that the airdrop points page is now open for inquiries.
Today, Merlin Chain’s official X account also tweeted that users who have staked can check their airdrop points on the airdrop page, and can submit questions about the points to the official within 24 hours.
According to official documents, the airdrop event will run from February 7th to April 14th, and the amount of tokens to be airdropped accounts for 20% of the total supply. The following is the points distribution rule:
– A snapshot of users’ staked assets will be taken every hour, and the total value of the staked assets will be converted into a Bitcoin-denominated amount based on the average price of the day. Users will receive points equal to (that amount * 10,000) the next day.
– The quantity of $MERL that a user can finally obtain = (user’s personal points / total points of all participants) x total reward of $MERL
In addition, staked assets include BTC, ETH, USDT, and USDC, as well as multiple BRC-20, BRC-420, and Ordinals tokens in the list of eligible assets.
Although the current official website does not yet display the quantity of tokens available for claiming, it can be inferred that token claiming will be available soon as OKX, HashKey, and other exchanges have announced that trading will officially open on April 19th at 6:00 PM (UTC+8).
OKX announced the following details:
– MERL deposit: April 17th, 6:00 PM (UTC+8)
– MERL/USDT trading opens: April 19th, 6:00 PM (UTC+8)
– MERL withdrawal: April 20th, 6:00 PM (UTC+8)
Simultaneously, centralized exchange HashKey also announced the following details:
– MERL deposit: April 18th, 6:00 PM (UTC+8)
– MERL/USDT trading opens: April 19th, 6:00 PM (UTC+8)
– MERL withdrawal: April 20th, 6:00 PM (UTC+8)
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