Merlin Chain, a native Bitcoin Layer2, aims to enhance Bitcoin's native assets, protocols, and products on Layer1 through its Layer2 network, to Make Bitcoin Fun Again. Built on Polygon's ZK technology, Merlin Chain utilizes a decentralized Oracle network for data availability, powered by Lumoz's decentralized ZK computing power network for ZKP computation. It ensures security through Bitcoin's robust consensus mechanism by allowing challengers to present fraud proofs on disputed matters.

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How to participate

Here's a step-by-step guide to participating in Bybit Spot X Launchpool projects.

Via the exchange website

1. Go to Bybit.com.

2. In the top menu, click on the "Trade" button, then "Spot X" and select the "Pool" section.

3. Then click "Register" to participate in the respective project. After successful registration, you can proceed to staking and start earning tokens for the selected project.

4. Staking funds must be in your funding account. Specify the desired amount, accept the terms and click "Confirm".

Read Launchpool FAQ

Via the Mobile App

1. Download the official exchange app Bybit.com.

2. In the main menu, click on the "More" button, where all exchange sections will be visible. Then find "Spot X" and select the "Pool" section.

3. Next, click "Register" to participate in the respective project. After successful registration, you can proceed to staking and start earning tokens for the selected project.

4. Funds for staking should be in your funding account. Specify the required amount, accept the terms, and click "Confirm".

Terms

Stake your funds and receive tokens for free.

During this period, stake MERL and USDT to win a share of the 4,200,000 MERL prize pool!

To participate in the staking on Bybit Pool KYC Level 1 verification is required

Daily yield = [(amount of MERL or USDT) / (total amount of MERL or USDT staked by all participants)] × (daily MERL prize pool)

The daily yield will be calculated the next day (T+1) after staking MERL or USDT. The calculated yield will be automatically credited to your funding account the day after the calculation period (T+2). Yield information will be updated daily at 03:00 MSK.

Our participation

We will be entering with four of our accounts up to the maximum limit in the USDT pool of $8000. After the staking period ends, we will share our results. The USDT pools are absolutely RISK-FREE!

It is not necessary to withdraw the deposit prematurely. The staking history will indicate the date of automatic redemption, and after the pool closes, additional earnings will be accrued for those days, and the returns will be higher than during its operation, as some participants withdraw their funds.

Our deposit 8000 USDT

👉 Earn $MERL tokens with us!

Our results

The staking in the Bybit Pool with the MERL token has concluded. Over 9 days, there were 8 accruals, as the deposit begins to yield returns the following day. From 2000 USDT, 41.71 MERL coins were received, which today equals about 27$ (as of 28.04.2024, the rate is 0.65$).

We participated with 4 accounts at the maximum USDT level, obtaining a total of 167 MERL, which is 108$. The profit was modest, but it was absolutely RISK-FREE.