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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.