According to ChainCatcher, the BTC native stablecoin protocol bitSmiley announced the adjustment of incentive conditions and will provide 3,150,000 BIT tokens to Merlin community members. The liquidity grant period is from May 15, 2024 to August 15, 2024.

It is reported that the liquidity incentive will be distributed according to the bitPoints obtained by users on the Merlin chain. The more points users obtain, the more token incentives they will receive.