According to TechFlow, Merlin Chain tweeted that if users have not received M-BTC before, they can choose to unstake it to L1 address or L2 address, which requires or does not require gas fees, and the unstaking time is 3 days and 24 hours respectively. If users have received M-BTC before, they can exchange it for BTC at a 1:1 ratio and send BTC to their wallet. At the same time, users are reminded to perform the exchange operation during non-peak hours.
After BTC unstaking, BRC-20 unstaking will be supported soon, followed by Ordinals NFT. Users can now trade Ordinals NFT using Unicross or other NFT markets on Merlin. It can be sold in exchange for BTC, and then BTC can be bridged back to L1.
