According to Foresight News, MerlinSwap, a decentralized exchange (DEX) within the Merlin ecosystem, announced the conclusion of its MP token Initial DEX Offering (IDO). The IDO attracted over 52,000 participating addresses and raised a total of 6,599 BTC. The BTC pool was oversubscribed by 512 times, the M-BTC pool by 498 times, the VOYA pool by 75 times, and the HUHU pool by 56 times. Additionally, MP tokens will be available for trading on MerlinSwap starting today at 14:00.
In a previous report by Foresight News, MerlinStarter launched its first IDO project, MerlinSwap, on March 25th. The project issued 6% of its MP tokens, with an initial market value of $21 million. Participants could join using BTC, M-BTC, HUHU, and VOYA.