Learn about the Merlin Chain airdrop MERL application tutorial in one article

Bitcoin L2 Merlin Chain (Merlin Chain), whose TVL exceeded US$3 billion in less than two months, announced yesterday (17th) that the airdrop points page has been opened for inquiry. Users can go to the website to check points and $MERL The number of airdrops, and $MERL will be listed on OKX, HashKey and other exchanges at 6 pm on the 19th.

The latest price of MERL currency

$0.2767 ≈ ￥1.99224

Open users to claim $MERL

Today, the official announced again that the website has now opened users to claim $MERL. After participating users claim, The team stated that it will conduct an airdrop from 2 to 4 pm tomorrow afternoon. Other announcements are as follows:

• Please fill in the EVM address (such as wallets such as Metamask). This is because most CEX do not accept transfers from AA wallets, so do not enter the AA address.

• Tomorrow’s airdrop will unlock 50%, and 25%/12.5%/6.25%/3.125%/3.125% will be released sequentially in the next 5 months.

• Merlin was launched in February and airdropped tokens in April. Users received 10.5% of the token supply on TGE, totaling over 21% in 6 months. The team says this is the largest fair launch of any Layer 2.

• In the first 6 months, only user’s tokens were circulating in the market. (Team tokens are locked and released linearly after 24 months, which means that they are first locked for 24 months + then released for 24 months = 48 months, and it also takes 24-48 months for the organization to unlock.)

Apply Tutorial

• Enter the airdrop points page and link the wallet that was originally pledged

• If there is airdrop qualification, the "Bind Wallet" button will appear

• Click the "Bind Wallet" button, fill in the EVM address and click "Confirm" (as shown on the left below). Note, the official said not to fill in the AA address

• Click "Confirm" again

• If successful, you will see the picture on the right below, and see the amount of $MERL you can apply for tomorrow and the next 5 months.

Aevo OTC price is now quoted at US$1.45

According to data from the OTC market Aevo, $MERL is currently quoted at US$1.45, with a peak of US$1.74. The trading volume in the past 24 hours exceeded US$71,450. Open interest is $48,459.

$MERL has a total supply of 2.1 billion tokens, and 10.5% of the tokens will be released tomorrow, which is 220.5 million tokens. If calculated based on the price of $1.45, the market value will be close to $320 million and the FDV will reach $3.045 billion. This can be compared with Comparison of the following data serves as a judgment on the valuation of Bitcoin ecological L2:

• The current largest Bitcoin L2 Stacks has a market value of US$3.28 billion and an FDV of US$4.1 billion; this year’s much-watched CKB has a market value of US$876 million and an FDV of US$890 million. Dollar. If the OTC price is true, Merlin will become the third largest Bitcoin L2 in one fell swoop.

• Compared with Ethereum L2, Merlin's market value is close to Metis's US$316 million, directly catching up with Manta's US$440 million, and compared with the market values ​​of leading ARB and OP of US$2.965 billion and US$2.258 billion, there is still a lot of room for growth. big.

The above is the detailed content of Learn about the Merlin Chain airdrop MERL application tutorial in one article. For more information, please follow other related articles on the PHP Chinese website!