The wait is over. The People’s Launchpad is now LIVE!
First up on our launchpad is @MerlinLayer2, a Bitcoin Layer-2 solution that integrates ZK-Rollups, a decentralized oracle network, and on-chain BTC fraud-proof modules to make Bitcoin fun again.
🟣 Ticker: $MERL
🟣 Total Prize Pool: $1,000 for 21,000,000 $MERL (1% of total token supply)
🟣 Token Listing at $100,000 Fully Diluted Valuation (FDV)
1️⃣ Instructions to participate:
To get an allocation on $MERL tokens, you'll need to accumulate Power on our Launchpad.
The more Power you have, the higher your allocation. $BTC and $ALLY holders will have 5 days to accrue Power.
2️⃣ You can get Power through each/combination of the 3 methods:
1. Holding $BTC on Merlin Chain's Mainnet
2. Staking $ALLY. Power is accrued based on the amount and length of stake
3. Referring users to participate in the campaign and completing community tasks
3️⃣ Timeline:
◢ Period for accumulating Power: 5 - 10 Feb (12pm UTC).
◢ Redemption Period 10 - 11 Feb (12pm UTC).
◢ Tokens will be distributed once Merlin Chain's tokens are released.
📢 Note: This Launchpad includes multiple dynamics, such as bridging to a Bitcoin L2 chain, that will be unique for most users. As such, we strongly recommend reading our participation guide at
https://t.co/AN3nc1nh8R
I just preordered #Chapter2 from @solanamobile! If you missed out on Solana Saga, don't miss out on what's next, and the chance to refer others and climb the leaderboard. https://t.co/wYNe3sIhQP