Cena MERLMERL

MERL/USDT 5 gn -744k

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On April 19, 2024, Merlin Chain, the then-largest Bitcoin Layer 2 protocol by Total Value Locked (TVL), officially launched its native token, MERL. The launch marked a significant milestone, aiming to enhance the governance, security, and ecosystem of the rapidly growing network. Key Highlights of the Launch TVL & Ecosystem Growth: Since its mainnet launch in February 2024, Merlin Chain achieved over \$3.6 billion in TVL, with 91\% of those funds coming directly from the Bitcoin community. The network quickly fostered an ecosystem of over 200 native decentralized applications (DApps). Mission: The core mission remains to "Make Bitcoin Fun Again" by unlocking its full potential through innovative Layer 2 solutions that support DeFi, gaming, and social platforms. Parent Company: The team behind Merlin Chain is Bitmap Tech, an "OG team" in the Bitcoin ecosystem with an overall market cap exceeding \$500 million. MERL Tokenomics & Utility The MERL token operates on the Bitcoin-compatible BRC-20 standard and has a total supply of 2.1 billion tokens. Token Utility The token is designed to empower the community and support network operations: Governance: Holders can vote on critical proposals to shape the future direction of Merlin Chain. Security & Staking: Users can stake MERL to enhance network security and stability. Network Fees: MERL is used to pay transaction fees within the Layer 3 enhancements. Collator Operations: Community members can delegate MERL or operate their own collators to support network operations. Liquidity & Collateral: MERL serves as native liquidity and collateral for transactions and lending within the ecosystem. Token Allocation The 2.1 billion token supply is allocated as follow

Merlin Chain: BTCFi Earnings Steadily Growing, 50% of Earnings to be Continuously Used for MERL Buyback