Lending on Merlin-Merchant Finance

Overview

Merchant Finance is a financial services platform based on Merlin blockchain that allows users to engage in peer-to-peer lending through smart contracts. The core characteristic of Merchant Finance lending platform is decentralization, meaning there is no central authority controlling or managing transactions; instead, everything is executed and managed through programmed code. Borrowers can directly obtain funds from other investors without the need for traditional financial institutions as intermediaries. This approach can reduce transaction costs, increase transaction speed, and provide broader market access. Loans are typically made in cryptocurrencies, and the terms and interest rates of the loans are automatically determined by Merchant’s smart contracts.

Trade $MECH

The liquidity of MECH tokens will be added to the Merlinswap platform, providing all investors with greater flexibility and convenience. On Merlinswap, investors can freely exchange BTC and MECH tokens without any restrictions on exchange amounts or specific addresses. This means that all users can conduct transactions at any time according to their needs, without any limitations. Such an open trading environment helps to enhance the liquidity and accessibility of MECH tokens, facilitating the healthy development of the Merchant Finance ecosystem.

Tokenomic

$MECH Token distribution

• Total Supply: 2 billion MECH
• Initial Liquidity: 5% of the total supply, equating to 100 million MECH, is allocated for initial liquidity to facilitate trading and transactions
• Reward Points: 2.5% of the total supply, 50 million MECH, is set aside for point rewards to incentivize participation and engagement
• Team Allocation: 5% of the total supply, amounting to 100 million MECH. These tokens are locked for two years, with subsequent annual unlocking of 20% starting after the initial lock-up period
• Market Operations: 2.5% of the total supply, which is 50 million MECH, is dedicated to marketing and operational purposes to support the growth and expansion of the platform
• Lending and Staking Emission: The remaining 85% of the total supply, or 1.7 billion MECH, will be distributed as incentives for participating in Merchant lending and borrowing

Team Lock

The Merchant Finance team is allocated 5% of the total token supply, which amounts to 100 million tokens. These tokens are locked for a period of two years to ensure commitment and long-term alignment with the project’s goals. Following the initial two-year lock-up period, the tokens will be gradually released to the team members. Specifically, 20% of the originally locked tokens will be unlocked each year.