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Merlin Chain (MERL)
Merlin Chain (MERL) - an ecosystem that implements ZK-Rollup for better fraud testing within the Bitcoin ecosystem.
- Merlin Chain (MERL) is a Layer 2 solution for Bitcoin, with advanced anti-fraud features.
- Utilizing the potential of Layer 2, Merlin Chain (MERL) seeks to strengthen Layer 1 assets.
- Its native token fully contributes to the complete security of the network.
Key Metrics Merlin Chain (MERL)
| Precio Reciente | $0.72 |
|---|---|
Cap de Mercado | $163.52M |
Suministro Circulante | 226.5M MERL |
Suministro Total | 226.5M MERL |
Suministro Máximo | 226.5M MERL |
What is Merlin Chain (MERL)?
Merlin Chain is a Layer 2 solution for Bitcoin that integrates advanced technologies such as ZK-Rollup networks, decentralized oracles and fraud proofing, all within the Bitcoin ecosystem.
This platform seeks to strengthen Bitcoin's Layer 1 assets and applications, enabling further innovation and leveraging the potential of assets in Layer 2 networks.
Merlin Chain is a product developed by Bitmap Tech, formerly known as RCSV. Bitmap Tech, founded by Jeff, an entrepreneur with extensive experience in the Web2 sector and backed by major venture capitalists such as Sequoia Capital and IDG Capital, has been an active participant in the Bitcoin ecosystem.
Jeff, after observing the evolution of Ordinals and the dynamics of the BTC ecosystem, decided in 2023 to dedicate himself to building on Bitcoin, overcoming existing biases against Ordinals.
Merlin Chain (MERL): What makes you different and why invest?
MERL is the native token of Merlin Chain and plays an important role in the operation of the network:
- Staking: Users can do staking of $MERL to contribute to the security of the network.
- Collector delegation: $MERL holders can delegate their tokens to collectors to secure the network.
- Network fees: $MERL can be used to cover transaction fees on Merlin L3.
- Native liquidity and collateral: $MERL is also used within the Merlin ecosystem to provide liquidity and act as collateral.
