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