Merlin Chain airdrop MERL application tutorial, OTC platform Aevo is now quoted at $1.45

The Bitcoin L2 Merlin Chain (Merlin Chain), whose TVL exceeded US$3 billion in less than two months, announced yesterday (17th) that the airdrop points page has been opened for inquiry. Users can Go to the website to check the points and $MERL airdrop amount, and $MERL will be listed on OKX, HashKey and other exchanges at 6 pm on the 19th.

Open for users to claim $MERL

Today, the official announced again that the website has now opened users to claim $MERL. After participating users claim, the team said that it will be open tomorrow. Airdrops will be held from 2 to 4 p.m. Other announcements are as follows:

• Please fill in the EVM address (such as Metamask and other wallets). This is because most CEX do not accept transfers from AA wallets, so do not enter the AA address.

• Tomorrow’s airdrop will unlock 50%, and 25%/12.5%/6.25%/3.125%/3.125% will be released sequentially in the next 5 months.

• Merlin was launched in February and airdropped tokens in April. Users received 10.5% of the token supply on TGE, totaling over 21% in 6 months. The team says this is the largest fair launch of any Layer 2.

• In the first 6 months, only user’s tokens were circulating in the market. (The team token is locked and released linearly after 24 months, which means it is locked for 24 months and then released after 24 months = 48 months, and the organization also takes 24-48 months to unlock.)

Apply for Tutorial

• Enter the airdrop points page and link the wallet that was originally pledged

• If you are eligible for airdrops, you will The "Bind Wallet" button appears

• Click the "Bind Wallet" button, fill in the EVM address and click "Confirm" (as shown on the left below). Note, the official said not to fill in the AA address

• Click "Confirm" again

• If successful, you will see the picture on the right as shown below, and you will see yourself The amount of $MERL that can be claimed tomorrow and in the next 5 months.

Aevo OTC price is currently quoted at $1.45

According to Aevo data on the OTC market, $MERL is currently priced at 1.45 The U.S. dollar once soared as high as $1.74, with trading volume exceeding $71,450 in the past 24 hours and open interest at $48,459.

$MERL has a total supply of 2.1 billion tokens, and 10.5% of the tokens, or 220.5 million tokens, will be released tomorrow. If calculated based on the price of US$1.45, the market value will be close to US$320 million, and the FDV will reach US$3.045 billion. , which can be compared with the following data as a judgment on the valuation of Bitcoin ecological L2:

• The current largest Bitcoin L2 Stacks has a market value of US$3.28 billion and FDV of US$4.1 billion; this year it has attracted much attention The market capitalization of CKB and FDV concerned is US$876 million and US$890 million. If the OTC price is true, Merlin will become the third largest Bitcoin L2 in one fell swoop.

• Compared with Ethereum L2, Merlin's market value is close to Metis's US$316 million, directly catching up with Manta's US$440 million, and far away from the leading ARB and OP's US$2.965 billion and US$2.258 billion Compared with its market capitalization, there is still a lot of room for growth.

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