MerlinStarter’s IDO Debut: $MP Launch Introduction

$MP is the governance token of MerlinSwap, the ranking Top.1 Decentralized Exchange in terms TVL, Volume and DAU among Bitcoin DEXs.

MerlinSwap adopts concentrated liquidity and cutting-edge AMM models, and is the first dapp to support BTC and ETH wallet to trade on-chain seamlessly. MerlinSwap aimed to become the liquidity hub for BTC and Bitcoin eco-assets, including BRC20, BRC420 and native tokens across Merlin Bitcoin layer2.

I Token Information

Name: MerlinSwap

Ticker: MP (Merlin Chain)

Amount: 21,000,000,000

CA: TBD

Token Economics:

6% Public Sale

20% Airdrop

24% Trading Rewards

33% Merlinswap Treasury & LP

9% Genesis Liquidity Treasury

2% Marketing

6% Merlinswap Team

II About Launch

Launch Amount: 1,260,000,000 $MP (6%)

IDO FDV: 21M

Token Price: 0.001U

Launching Details:

Start time: Mar 25th,11:00(UTC+8/SGT/HKT)

End Time: Mar 27th,11:00(UTC+8/SGT/HKT)

Requirements: open to everyone

Participation Tokens: $BTC, $M-BTC, $HUHU & $VOYA

Rule: No hard cap. 1,260,000,000 $MP allocation to the following pools:

In each pool, Your Allocation = Specific Pool Allocation * Your Subscribed Amount / Total Subscription in the Pool.

Use Case:

If you subscribed $10k worth of $BTC, while the total $BTC subscription is $500k, you will get $8.4k worth of $MP (420M * 10k / 500k). The rest $1.6k $BTC will be refunded to your account.

Users can claim the $MP token at 14:00 , Mar 27 (UTC+8/SGT/HKT)

Users can claim the refund token right after launching ends.

Notes:

Join the first IDO of Merlinstarter now:
https://merlinstarter.com/launchpad
Details:
https://medium.com/@MerlinStarter/merlinstarters-ido-debut-mp-launch-introduction-f123c7d9aeb8