Merlin Chain launches a 6-month fixed staking with an annualized return of 45% for MERL, with a 200% limited-time 7-day reward for the first 1000 addresses

Bitcoin Layer2 solution Merlin Chain has announced the launch of the MERL token staking program, offering a fixed annual return of 45% with a lock-up period of 6 months, during which earnings can be claimed at any time. Additionally, the first 1,000 addresses participating in this fixed-term staking (by June 20) will receive a limited-time early bird reward for 7 days, with an annual percentage rate (APR) of up to 200%. This early bird reward is expected to be distributed on June 21.
It is reported that Merlin Chain has conducted three phases of PoS Prestage staking activities, with a total of 108 million MERL participating in flexible staking. The newly launched fixed return plan will run parallel to the existing flexible staking with an annual return of 15%, aiming to provide more options for long-term MERL holders. In the future, Merlin Chain plans to expand the staking mechanism, including the introduction of staking pools and support for multi-asset staking, to enhance network security and participation.