Merlin Chain: A Bitcoin Layer 2 Solution Merlin Chain is a Bitcoin Layer 2 platform designed to connect Bitcoin liquidity with the world of decentralized finance (DeFi). According to Jonathan from Merlin Chain, speaking on CryptoNewsTerminal Night Live, the project aims to utilize the substantial $26 billion in BTC already bridged onto the chain. Key Differentiators and Ecosystem Merlin Chain stands out with its zkEVM scalability, BitVM-based security, and full EVM compatibility. It boasts a rapidly growing ecosystem, including projects like Solv and Avalon, listed on major exchanges, connecting Bitcoin-based assets to capital markets. MERL Token Utility and Revenue Model The MERL token fuels the Merlin Chain ecosystem, serving as gas for transactions. Plans include a "MERL as Gas Compensation" program to incentivize user participation. Revenue is generated through gas fees, bridging fees, game monetization, and launchpad activities. Future plans involve staking rewards distributed to MERL holders. Focus on Korean Market and Future Roadmap Merlin Chain recognizes Korea as a crucial market and is actively expanding its presence there. Future plans include infrastructure upgrades, AI feature releases (Merlin AI Wizard), enhanced MBTC integration, and entry into the Real World Asset (RWA) space, solidifying Merlin Chain's position in the BTCFi landscape. ```

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