The Bitcoin ecosystem's 10K Yin Yang Inscription NFT collection xMonkes officially launched its third staking period on Merlin Chain on March 1st. The first day's staking amount reached 1200 coins, and the staking rate exceeded 12%. The current floor price of xMonkes is 0.013BTC, and the number of holder addresses is 4850.
It is understood that xMonkes combines ten thousand Flipped Nodemonkes with a Bitcoin orange background, engraved on a limited edition Yin Yang Inscription. Currently, xMonkes has been listed on major mainstream inscription NFT trading markets such as OKX, MagicEden, idclub, Ordinalwallet, and Unisat, with a market value of 7 million US dollars.
The mainnet staking activity of the Bitcoin Layer 2 network Merlin Chain has lasted for 23 days, and the TVL has exceeded 3 billion US dollars, including 70 million US dollars of Ordinals NFT assets. It is expected that Merlin Chain will launch DApp in early March, and more than 100 DApps are currently being docked and prepared for launch.