Gate News Bot news, on September 1st, according to CoinMarketCap data, as of the time of writing, MERL (Merlin Chain) is currently priced at 0.12 USD, with a rise of 8.06% in the last 24 hours, reaching a high of 0.13 USD and a low of 0.11 USD. The current market capitalization is approximately 115 million USD, having risen by 8.57 million USD compared to yesterday. Merlin Chain is a Layer2 network native to Bitcoin, designed to unleash the potential of Bitcoin, supporting native L1 assets, users, and protocols. As an EVM-compatible chain, Merlin Chain offers low fees and high scalability, ensuring fast transaction processing and enhanced transaction liquidity. The chain supports various Bitcoin protocols, such as BRC20, BRC420, Bitmap, Atomicals, Pipe, and Stamp.

Odaily Planet Daily News Bitcoin Layer2 Solution Merlin Chain announced the launch of the MERL token staking program, providing an annualized fixed income of 45%, with a lock-up period of 6 months, during which you can claim income at any time. In addition, the first 1,000 addresses that participate in the regular staking (as of June 20) will receive a 7-day limited-time early bird reward with an annualized yield (APR) of up to 200%, which is expected to be distributed on June 21. According to reports, Merlin Chain has conducted three phases of PoS Prestage stake activities, with a total of 108 million MERL participating in flexible staking. The fixed income plan launched this time will run alongside the existing 15% Annual Percentage Rate for current staking, aiming to provide more options for long-term holders of MERL. In the future,

Odaily Planet Daily News Merlin Chain officially announced the upcoming PoS network upgrade, further enhancing Decentralization and security. In addition, Merlin Chain also launched the $MERL stake activity to support future BTC/MBTC.

Odaily Planet Daily News Merlin Chain announced on the X platform that the AA Wallet of Particle now supports MERL as the Gas Token for trading on Merlin Chain. It is reported that currently in Merlin Chain, the transaction selects MERL as the GAS with a Transaction Cost of 0.1 MERL (approximately 0.03 USD), and the cost of choosing BTC as the Gas is about 0.05.

Odaily Planet News: Merlin Chain announced on X that users can now directly bridge MERL and MBTC from Merlin Chain to the ETH Mainnet. In addition, Merlin

The final round of Token Airdrop for users participating in Merlin's Seal on Merlin Chain has started. In this fair launch project, 20% of MERL will be allocated to the community. After that, the release rate of MERL will slow down significantly, with only 0.4% of MERL Tokens unlocked in the next 12 months, and almost no new Tokens entering circulation by 2024.

Odaily Planet Daily News: Merlin Chain has released developer updates on the X platform, announcing that the third phase of Airdrop for MERL has been distributed, including some optimizations and bug fixes. 1. Cross-Chain Asset Search 2. Verified Babylon stake and unstake functions 3. Optimize the latency of withdrawal transaction processing 4. Fix Gas Fee Issue 5. Fix NFT

Odaily Planet Daily News Merlin Chain releases Merlin Developer update on X platform, including: 1. The third phase of the MERL Airdrop has been fully distributed; 2. Optimized and fixed bugs, involving cross-chain asset search, validated Babylon staking and unstaking functions, optimized latency withdrawal transaction processing, fixed gas fee issues, NFT.

Odaily Planet Daily News Merlin Chain announced on X platform the launch of the ecological support plan Merlins Adventure, with a total scale of 210 million MERL tokens, aiming to cultivate user-centered, Bitcoin-native applications to promote BTC L2.