Recently, the BTC ecosystem is quietly changing and growing rapidly! Not long ago, Coinbase began to support sending Bitcoin to Taproot addresses. And the second phase of Babylon staking was launched. All of these indicate that the consensus of#BTCFiin China and abroad is getting stronger and stronger! Releasing the dormant funds of 1.2 trillion US dollars of BTC is expected to bring hundreds of billions of incremental funds to the market. This is undoubtedly the best antidote to the current tight liquidity environment of the crypto market!
As the most controversial#MERL(@MerlinLayer2) in BTC L2, although it has been criticized, the criticism is about history; but its down-to-earth style of doing things is rare among the current BTC L2!
Recently, the perpetual contract trading of @krakenpro, the second largest exchange in the United States, was launched.#MERLis the first BTC L2 token launched on Kraken Exchange, and the third BRC20 token launched after#ORDIand #SATS. When you look down on it, don’t understand it, can’t catch it, and can’t catch up with it, foreigners are already embracing the BRC20 market.
In the latest#MERLSpace event,#MERLfounder Jeff (
@BitmapTech ) revealed many future development directions and opportunities of the project, and also foreshadowed the potential explosion point of#MERLin the future:
1. Focus on three core development directions: one is BTCFi, one is Bitcoin native assets, and the other is mass adoption.#BTCFiNeedless to say, this is the biggest theme of the BTC ecosystem this year. The DEFI gameplay derived from Babylon will be very rich, including pledge, lending, DEX, derivatives, etc., and BTC L2 is the key element to carry Dapp. This is the biggest opportunity. Once it comes out, it is not impossible to give birth to a giant like Arbitrum! In terms of native assets, Jeff revealed that his ecological project will hold a large-scale airdrop event, which will be a real money airdrop to users, but there is not much detail. You can always pay attention to the latest developments of @MerlinLayer2 official push!
2. The mass adoption part needs to be discussed separately.#MERLwill make full efforts to deploy Telegram, bringing easy-to-use, fun and interesting BTC multi-chain wallets and transaction exchange services to TG users with 1 billion monthly active users. Think about it, in the future you can send BTC red envelopes to group members on TG, trade BTC directly without leaving the chat box, and do some small perpetual contract transactions on it, play and earn games based on the BTC ecosystem, and crypto market guessing activities, etc. This will greatly enrich the social gameplay of TG and bring a huge market for the large-scale adoption of BTC.
#MERL has been very active recently, causing troubles all the time, and has recently landed:
1. Users can now bridge $MERL and $MBTC directly from Merlin Chain to the Ethereum mainnet. Not only that, the Merlin Foundation also provides additional funds for incentives.
2. Currently, version 0.3 of http://Bitmap.Game is officially online and available for users to explore.
3. Merlin Chain cooperates with @mner_club to repurchase from the open market
$MERL tokens reward Blue Minerals stakers.
4. After Bitmap, Music Box also launched the image-to-coin exchange. NFT can be exchanged for rune tokens, which will provide better liquidity and transaction convenience.
Finally, let me summarize with a quote from Jeff on Space: Many people don’t know that $MERL is a BRC20 asset in the Bitcoin ecosystem. You may not see it now because we are all building, but the time is coming, guys, now is really the best time to explore Bitcoin, the best time to buy Bitcoin assets at the best price, and the best time to participate in the ecosystem, because now is the time, if you missed $5 Bitcoin, this is your second chance, really. - Jeff
