Odaily News Bitcoin Layer2 solution Merlin Chain announced the launch of the MERL Token staking program, offering a fixed annual percentage rate of 45%, with a lock-up position of 6 months, during which users can claim rewards at any time. Additionally, the first 1000 addresses participating in this fixed staking (until June 20) will receive a limited-time early bird reward for 7 days, with an annual percentage rate (APR) of up to 200%. This early bird reward is expected to be distributed on June 21.
It is reported that Merlin Chain has conducted three phases of PoS Prestage staking activities, with a total of 108 million MERL participating in flexible staking. The fixed income plan launched this time will run parallel to the existing 15% annualized rate of return for flexible staking, aiming to provide more options for long-term holders of MERL. In the future, Merlin Chain plans to expand the staking mechanism, including the introduction of staking pools and support for multi-asset staking, to enhance network security and participation.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
Merlin Chain launches a 45% annualized MERL six-month fixed stake, with the first 1000 addresses enjoying a 200% seven-day limited time rewards.
Odaily News Bitcoin Layer2 solution Merlin Chain announced the launch of the MERL Token staking program, offering a fixed annual percentage rate of 45%, with a lock-up position of 6 months, during which users can claim rewards at any time. Additionally, the first 1000 addresses participating in this fixed staking (until June 20) will receive a limited-time early bird reward for 7 days, with an annual percentage rate (APR) of up to 200%. This early bird reward is expected to be distributed on June 21. It is reported that Merlin Chain has conducted three phases of PoS Prestage staking activities, with a total of 108 million MERL participating in flexible staking. The fixed income plan launched this time will run parallel to the existing 15% annualized rate of return for flexible staking, aiming to provide more options for long-term holders of MERL. In the future, Merlin Chain plans to expand the staking mechanism, including the introduction of staking pools and support for multi-asset staking, to enhance network security and participation.