Merlin (Merlin) first stage Launchpad airdrop tutorial

Merlin's tutorial is someone else's tutorial that I used. I followed this tutorial completely and didn't encounter any problems. So I will only make some fine-tuning based on my own actual operation process. For example, if there is WVM in the original article, I will skip it directly. If you are not a veteran in the currency circle, you will not be able to use it at all, and you can just cross the chain directly.

1. What is Merlin Chain?

Merlin Chain is a Bitcoin Layer2 solution that integrates ZK-Rollup, a decentralized oracle network, and a BTC fraud prevention module, dedicated to extending Bitcoin and making it interesting. Developed by Bitmap Tech, Merlin Chain supports native Bitcoin assets and protocols, contributing to the growth of the Bitcoin ecosystem. It offers various applications including DEXiZUMi Finance, Bridge Meson Polyhedra Network, Bitmap Game, Bitmap War and BRC-420 native DeFi applications like Mineral

It is built by Bitmap Tech, a top OG team with a total market value of more than $500 million. Bitmap Tech’s BRC-420 “Blue Bo

As a firm believer in Bitcoin for many years, Bitmap Tech, the team behind Merlin Chain, is extremely committed to the development of the Bitcoin ecosystem and seeks to bring more users and assets to Bitcoin through their work, rather than serving others ecosystem. Bitcoin name.

This financing enables the team to continue enriching the ecosystem and increasing overall liquidity. At present, Merlin Chain has built a strong DApp ecosystem and is planning further expansion.

Merlin Chain will launch its mainnet this week. After going online, Merlin Chain plans to hold a series of staking activities and distribute its governance tokens through a "fair release" method, aiming to reward real users and builders.

2. Investment institutions

Merlin is invested by 24 institutions including OKX Ventures, ABCDE, Foresight Ventures, Arkstream Capital, etc. It can be said that it has a luxurious lineup.

3. About token distribution

About $MERL Total Amount: 2,100,000,000 Launch Price: $0.00004762

Number of launches: 21,000,000 (1%) Estimated launch volume: 100,000 U

Staking mining activity time: In order to successfully purchase and lock the token distribution,

You need to arrive at 12:00 noon (UTC) on February 10, 2024

Payment must be completed by 12:00 noon (UTC) on February 11, 2024.

The operation tutorial begins!

Step one: Open the official website of the event

https://launchpad.ally.build?id=1&inviteCode=PVX6AX

(Copy the previous address and open it in your browser)

Step 2: Use Xiaofox, okxweb3 wallet or unisat link or Twitter email link;

Step 3: Link to Twitter and follow Twitter;

Step 4: Connect to Discord and enter the DC channel;

Step 5: Enter the invitation code: U0HGIU (you will get an additional 200 points with the invitation code), click to accept the invitation,

Step 6: Follow Merlin on Twitter and invite more members;

Note that inviting one person can get 200 power points (not high). The main value comes from staking and cross-chain

Step 7: In the next step, you need to cross the other chain assets to the Merlin chain through the cross-link bridge. Click on Meson to directly perform the cross-chain operation.

Step 8: Cross-chain can be carried out through meson, portal: https://meson.fi/

The handling fees of second-layer networks such as ARB and OP are lower. It is recommended to cross USDC. The more pledges you make, the more quota you will be given (it is recommended to cross a small amount first, and wait until the account is settled before crossing a large amount). In Merlin Chain's main Hold BTC online. +1000 Power for every 0.00025 BTC in your wallet, up to a maximum of 80,000 Power. Therefore, the maximum number of cross-chain transactions is 0.02 BTC (currently BTC = 43,300 US dollars).

The equivalent USDC is about 866 US dollars [The maximum price is 900 US dollars. Brother Ma made 867 US dollars and found that it was still a little short] Ouyidi coin 0.8U ~ cross-chain fee 0.9U ~

Thirteen bought USDC directly on ok and transferred it to the Little Fox Wallet OP chain. At the same time, it is best to buy about 7 U of ETH to the OP as fuel cost. Be careful, Thirteen only found out that there is no fuel until this step of the operation.

Special note, if you find that USDC is not displayed in the op wallet after transferring to USDC, don’t panic, just cross-chain directly. No wallet is needed, the money is in the wallet. Because the op needs to be added manually, do it slowly later, no rush.

After clicking CONFIRM, there will be a pop-up box. Don't close it in a hurry. Wait about 4 minutes and the picture below will be automatically displayed.

Step 9: After the cross-chain is completed, click to verify the assets and obtain the power value

You have one opportunity to verify your Merlin holdings. We will grant you Power based on the amount of Merlin BTC you hold. You can verify this after transferring more Merlin BTC.

The current power value is 79,000, and 0.07% of the tokens can be allocated, which is approximately 15,619 tokens. Value 1U~

If it is doubled 100 times = 100U~ 1000 times = 1000U~

Of course, as more and more people participate, the coins you distribute will become less and less. Therefore, the first phase of activities,

The amount is really too small. You can do a few fewer numbers to get a feel for the process. Experience it. The future boss should be in the next mission.

Although the term "purchasing Merlin tokens" is used above, in fact, after the distribution according to the shares, the shares you can buy in your hands will be rounded off and equivalent to free money. Assuming that 100,000 addresses sign up to participate (assuming everyone has the same points), each person will receive a 0.01U share to purchase. - The time for depositing BTC: the early cross and late cross are the same, and the initial limit for a single cross-chain transaction is 0.002 BTC. The upper limit for a single deposit will be gradually increased in the next few days. It is recommended to deposit again on the fourth or fifth day; (and , the official will announce the pledge plan in the near future, which is independent from today's launchpad. The money deposited in launchpad cannot be withdrawn and pledged within a short period of time, so don't be too anxious to save money, you can wait for the fourth or fifth day. Decide how to allocate funds after comparison)

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This concludes the tutorial!

Summarize:

As a star BTC L2 project, Merlin must participate. Therefore, it is recommended that everyone perform the tasks of each issue. As the founder said, the first issue is just an appetizer to give everyone a familiar process, and there will be 6 more activities later. Everyone can get ready to take action. In the first period, you need to participate less, and the invitation is free.

In other words, please participate with a few less accounts. It’s all for free anyway.

Ok~Okay, tutorial on the first phase of Merlin’s staking activity

The teaching ends here.

Will be updated in the future

This article is an online tutorial and is not original. It is only for internal use of the Thirteen Circles community. Any infringement will be deleted.