PANews, June 5 news, according to official sources, Bitcoin Layer2 solution Merlin Chain has announced the launch of the MERL token staking program, offering a fixed annual yield of 45% with a lock-up period of 6 months, during which earnings can be claimed at any time. In addition, the first 1000 addresses participating in this regular staking (by June 20) will receive a limited-time early bird reward for 7 days, with an annual percentage rate (APR) of up to 200%. This early bird reward is expected to be distributed on June 21.
It is reported that Merlin Chain has conducted three phases of PoS Prestage staking activities, with a total of 108 million MERL participating in flexible staking. The newly launched fixed income plan will run parallel to the existing 15% annualized flexible staking, aiming to provide more choices for long-term holders of MERL. 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.
