MERKLE tokens snapshot & swap update
We are excited to announce that Merkle Network Token ($MERKLE) is just days away from the launch!
Our team has decided to launch $MERKLE token on Binance Smart Chain with a subsequent listing on Pancake Swap. Binance Smart Chain offers faster and cheaper transactions as compared to Ethereum. Moreover, Pancake Swap has become a go to exchange for decentralized trading backed by high trading volume and liquidity. $MERKLE token listing on Pancake Swap will allow traders and users from all segments to access $MERKLE tokens to use our interoperability protocol.
Merkle Network is a layer zero interoperability protocol which will eventually be launched on multiple blockchains. Our aim is to list our trading pairs on multiple blockchains. We have something exciting planned for our community in the coming days to enable seamless token transfers between blockchains.
ETHV to MERKLE swaps
1. Every ETHV tokens holder will receive 1:1 swap to MERKLE tokens.
2. If you hold ETHV tokens or L-MERKLE tokens in your wallet then you will be automatically assigned $MERKLE tokens in our vesting contract on the Binance Smart Chain.
3. We urge all ETHV token holders to withdraw their tokens from centralized exchanges, centralized wallets and Uniswap liquidity pools.
4. The snapshot of the ETHV and L-MERKLE token balances will be taken on 12th October 2021 at 2 pm UTC.
5. Once the snapshot is taken and announced, all ETHV tokens will cease to hold value. Please do not buy or trade ETHV tokens after the snapshot as you will not be eligible for swap.
Vesting Details
- MERKLE tokens will be made available to all ETHV holders with a 80 day vesting period. The vesting schedule is as follows:
- 20% token unlock at TGE, 1% tokens released everyday
Unlock Details
- You will be able to unlock $MERKLE tokens after the token listing on PancakeSwap.
- We will update the steps to release tokens before our listing.
We thank everyone everyone who supported us in Ethverse and we hope to receive your support for our upcoming launch.
Learn More:
Website: https://merkle.network/
Twitter: @merkleNetwork
Telegram: t.me/merkleNetwork
Announcements: t.me/merkleNetwork_announcement
