The "Merlin Trading Competition" refers to a series of cryptocurrency trading contests centered around the MERL token, the native asset of Merlin Chain—a Bitcoin Layer 2 network designed to enhance Bitcoin’s scalability and functionality. These competitions have been hosted on platforms like PancakeSwap and WOO X, offering substantial prize pools to incentivize trading activity.
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🐰 PancakeSwap x Merlin Chain Trading Competition
Duration: March 26 to April 14, 2025
Total Prize Pool: $50,000
Breakdown:
$45,000 in tiered lucky prizes for web traders
$5,000 for Telegram Swap Bot traders
Participation Criteria:
Trade at least $500 in MERL pairs on PancakeSwap's web interface to qualify for the random draw.
Eligible trades must be executed on the PancakeSwap Swap Page (web interface); trades via the Telegram Swap Bot are not considered for the random draw.
Rewards:
Tier 1: Trade $500+ to enter a draw where 150 winners receive $100 each.
Tier 2: Trade $1,000+ to enter a draw where 100 winners receive $150 each.
Tier 3: Trade $2,000+ to enter a draw where 50 winners receive $200 each.
Telegram Swap Bot: Top 10 traders by volume share a $5,000 prize pool.
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⚡ WOO X x Merlin Chain Trading Competition
Duration: April 19 to May 3, 2025
Total Prize Pool: $500,000 in WOO and MERL tokens
Campaign Highlights:
1. Welcome Bonus: The first 5,000 users completing a single MERL/USDT spot trade of at least $100 receive 100 WOO each.
2. Trade to Earn: The first 1,400 users who trade at least $1,000 in MERL/USDT spot trades receive $50 WOO each.
3. Trading Competition:
Structure: Divided into two phases, each with its own leaderboard and a 35,000 MERL prize pool.
Eligibility: Top 100 users with the highest trading volume in MERL trading pairs during each phase share the respective prize pool.
Note: Trading volume in MERL-PERP will also be considered if listed during the activity duration.
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🧠 About Merlin Chain (MERL)
Launched in January 2024 by Bitmap Technology, Merlin Chain is a Layer 2 network built atop Bitcoin. It aims to enhance Bitcoin’s capabilities by integrating features like ZK-Rollups, decentralized oracles, data availability solutions, and fraud-proof mechanisms. MERL, the native token of Merlin Chain, is utilized within its ecosystem for various purposes, including transaction fees and governance.
