$MSTAR IDO Guidebook & Community Whitelists

MerlinStarter
7 min readApr 11, 2024

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Welcome to the MerlinStarter $MSTAR IDO.

For $MSTAR tokenomics & token information: https://medium.com/@MerlinStarter/merlinstarter-token-ido-mstar-launch-overview-cf33e4d95a5a.

Whitelist Selection Rules for MSTAR IDO-Community Pool:

Whitelist: https://docs.google.com/spreadsheets/d/1iH01x3CwvZSyTWTrOTP68K-tFGlbvSUAvnMmyB4ZUi8/edit?hl=zh-cn#gid=0

The whitelist selection process for the $MSTAR IDO is based on criteria including user engagement, contribution, and loyalty to the MerlinStarter platform. This includes: SpellBook NFT holders, stakers, 1st IDO participants, $Star points holders, and participants of transfer activities resulted in 1591 Radiance and 7880 Sparkle whitelist allocations. Specific criteria are outlined as follows:

Radiance: qualified by meeting any of the following conditions:

1.Simultaneous participation in three or more pools during the previous $MP Launchpad.

2. Staked two NFTs, or staked one NFT plus one un-staked NFT, or possession of three un-staked NFTs.

3. Staked NFT as well as participating in the $MP Launchpad events.

4. Completion of transfer activities, participation in the 1st IDO and possession of over 300 $Star points

5. Participation in two pools during the $MP Launchpad while holding over 1000 $Star points.

Sparkle: qualified by meeting any of the following conditions:

1. Accumulation of over 100,000 $Star points.

2. Users who have staked NFT without Radiance WL.

3. Participation in one pool during the 1st Launchpad while holding over 1000 $Star points.

4. Ownership of two un-staked NFTs.

5. The remaining Sparkle allocations are drawn from users who possess un-staked NFTs.

Please note that it is not possible for a single address to be included in both the Radiance and Sparkle Whitelists. All Whitelists are distributed in a transparent and fair way. NO TEAM RESERVED.

How to subscribe with EVM wallet?

A. Use Metamask wallet to participate in BTC pool

Step1: Cross BTC EVM Assets to Merlin Mainnet using MetaMask.

By adding MerlinChain Mainnet to your MetaMask wallet: https://docs.merlinchain.io/merlin-docs/resources/network-configuration

Step2: Use Meson [https://meson.fi/] Cross-Chain Bridge to transfer your BTC EVM assets to MerlinChain.

Note: If your assets are on the EVM chain, it is recommended to use the MetaMask wallet to perform the operation for increased stability and convert your BTC EVM assets to MerlinChain. The process is shown in the following image:

(For a stable and hassle-free experience, we suggest users to use Metamask Wallet.)

Step3: Once you have obtained BTC on MerlinChain (Merlin BTC), you can participate in $MSTAR IDO on [https://merlinstarter.com/launchpad].

Step4: Connect your wallet and proceed to participate in the $MSTAR public launchpad in BTC Pool.

B. Use Metamask wallet to participate in Community Launchpad

Step1: When you have Merlin BTC in your Metamask/other EVM wallet and want to participate in community launchpad, you need to check your whitelist status first on: https://docs.google.com/spreadsheets/d/1iH01x3CwvZSyTWTrOTP68K-tFGlbvSUAvnMmyB4ZUi8/edit?hl=zh-cn#gid=0

Step2: Enter [https://merlinstarter.com/launchpad] and scroll down to see Community launchpad, choose the respective whitelist pool and participate IDO using Merlin BTC.

Please note that:
Radiance Subscription period: Apr 12th 20:00–22:00 (UTC+8/SGT/HKT)

Sparkle Subscription period: Apr 12th 22:00 — Apr 15th 11:00 (UTC+8/SGT/HKT)

C. Use MetaMask to swap your BTC for $M-BTC, $MP tokens via MerlinSwap

Step1: Go to MerlinSwap Website & connect wallet [https://merlinswap.org/trade/swap]

Step2: Switch to Merlin Mainnet

Step3: Select Tokens & Swap BTC to $M-BTC, $MP

Step4: Input swap amount and wait for data to come out, then click “Swap”

Step5: Please use the corresponding assets to participate in the respective IDO pool after successfully exchanging your BTC for $M-BTC, and $MP

How to subscribe with Unisat/OKX wallet?

Step1: If your BTC assets are held on a centralized exchange (CEX), you can initiate a withdrawal from the exchange by selecting “Withdraw” and then choosing the [Bitcoin network] to transfer your BTC to your personal on-chain BTC wallet.

Supported wallet types include Unisat and OKX Web3 wallet, with addresses that should start with ‘bc1’.

After your on-chain BTC wallet has received BTC via the Bitcoin network, you can use Merlin official bridge [https://merlinchain.io/bridge] to convert to Merlin BTC.

Step2: Once the cross-chain process is completed and you have received Merlin BTC, click on the bottom right corner to access the AA wallet (Particle Wallet)

The AA wallet (Particle Wallet) acts as an intermediary. Once it receives the BTC assets on Merlin Chain, you can proceed to send BTC to your desired EVM wallet address.

Step3: After receving Merlin BTC/$M-BTC/$MP, you can participate in IDO pool on the MerlinStarter official website: [https://merlinstater.com/launchpad] using AA wallet.

Subscription Process

Participation in BTC, $M-BTC, $MP:

Step1: Go to official website of MerlinStarter, ensuring that you are on the legitimate website: [https://merlinstarter.com/].

Step2: Connect your wallet and adding Merlin Mainnet.

Step3: Click on the Launchpad icon and select the corresponding pool (BTC, $M-BTC, $MP).

Step4: If you choosed the BTC pool for subscription, click on “Commit BTC” and enter the desired fundraising amount.

Step5: Enter the subscription amount and click on “Confirm” to initiate wallet signature, ensure that your wallet has enough BTC to cover gas fee.

If you’re using AA wallet to subscribe, please click “CONFIRM” & Sign wallet.

Step6: After wallet confirmation, a hourglass icon will appear, indicating that the system is processing the transaction.

Please be patient and do not close the page.

Once the subscription is successful, you will see a “Commit successful” message and the “Commit $M-BTC” button will be grayed out and becomes “IDO Completed”

Users can claim the refund token right after launching ends, regrading $MSTAR claim time, please follow official announcement, turn on notification of official twitter @Merlin_starter.

Participation in Community Launchpad:

Step1: Connect your wallet on MerlinStarter

Step2: Access the designated pool within the specified time frame. If you are on the Radiance whitelist, participate during April 12, 20:00 — April 22:00 (UTC+8/SGT/HKT),

Sparkle whitelist, particpate during April 12, 22:00 -April 15, 11:00 (UTC+8/SGT/HKT), please note that Sparkle whitelists are on First-come-First-Served basis.

Step3: Click “Commit BTC”, which will prompt your wallet to open. Sign to authorize and complete the payment. Payment is successful upon confirmation.

Once the subscription is successful, you will see a “commit successful” message.

Upon refreshing the page, you will notice a grayed-out button labeled “IDO Completed” Please note that $MSTAR Vesting term: 50% vesting at TGE, then linear vesting in 5 months. Please note that user can claim once each month.

We calculate the unlock period based on 30 calendar days.

There is no refund for community pool, please refer to official announcements from MerlinStarter for specific information on when to claim the tokens. Thank you for your support.

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MerlinStarter

The 1st native launchpad on MerlinLayer2.The accelerator for all BTCLayer2 projects.