The L2 network Merlin Chain for Bitcoin is now open for token MERL airdrop quantity inquiries and applications. The ratio of points to tokens is approximately 68:1.
According to the developer Bitmap Tech, the token airdrop will be unlocked over a period of six months, with specific unlock proportions as follows: 50% in the first month, 25% in the second month, followed by 12.5%, 6.25%, 3.125%, and 3.125% in subsequent months. Users who fill out their EVM addresses and click on the application button are expected to receive the airdrop between 2 PM and 4 PM tomorrow afternoon.
In addition, the developer emphasized that “only users’ coins will be circulating in the market for the first 6 months. (The team’s tokens will be locked for 24 months and released linearly, with 24 months of initial lockup followed by another 24 months of release, totaling 48 months. Institutions will also need 24-48 months to unlock. Please wait for further announcements regarding the token ecology.)”
Based on pre-market trading prices, the current price of the MERL token is approximately $1.6.
