🎉🎉Good news! Merlin Chain, the second-layer Bitcoin network, announced that M-Token is officially online! This means that users can mint M-Token on Merlin Chain completely free of charge without gas. 🚀🚀
What is M-Token? It is a mapped asset generated by users staking tokens in Merlin Chain, which is used to experience products and interactive protocols in the Merlin Chain ecosystem, improve asset utilization and witness ecological development. 🌟🌟
It is understood that Merlin Chain will first start minting M-BTC within 24 hours, and other M-Tokens including M-SATS and M-ORDI will gradually start minting subsequently. 🔥🔥
It is worth mentioning that since Merlin Chain started its mainnet staking activity, TVL has exceeded US$3.2 billion within 30 days, including US$1.95 billion worth of BTC, US$870 million of BRC-20, Bitmap and other native Bitcoin network assets. As well as assets such as Ethereum and stablecoins worth US$420 million. 💰💰
With the launch of M-Token, more than $3.2 billion in liquidity is about to be released. Let us wait and see the further development of the Merlin Chain ecosystem! 🌈🌈