Merlin Chain is launching a 45% APY six-month fixed-term MERL staking, with a 200% seven-day limited-time bonus for the top 1000 addresses.

Blockbeats
05 Jun

BlockBeats News, June 5th, Bitcoin Layer2 solution Merlin Chain announced the launch of the MERL token staking plan, offering a fixed 45% annualized return, with a lock-up period of 6 months and the ability to claim rewards at any time during the period. In addition, the first 1000 addresses participating in this fixed-term staking plan (until June 20th) will receive a 7-day limited-time Early Bird Bonus, with an Annual Percentage Rate (APR) of up to 200%. The Early Bird Bonus is expected to be distributed on June 21st.

It is reported that Merlin Chain has conducted three PoS Prestage staking events, with a total of 108 million MERL tokens participating in flexible staking. The newly introduced fixed-income plan will run in parallel with the existing 15% annualized flexible staking, aiming to provide more options for long-term MERL holders. In the future, Merlin Chain plans to expand the staking mechanism, including introducing staking pools and supporting multi-asset staking, to enhance network security and participation.

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