PoS Prestage Guide
February 13th, 2025

This guide provides step-by-step instructions on how to stake and unstake MERL during the PoS Prestage Campaign, including details on staking periods, rewards, and the unstaking process.

Time Schedule

Period 1: Feb 10, 14:00 GMT - Feb 17, 13:59 GMT

  • 10M $MERL Cap Vault, 100% APR

  • Exclusive to the earliest stakers โ€“ First come, first served for the highest APR rewards.

๐Ÿ”š Period 1 Cap was filled in just 26 minutes!

Period 2: Feb 17, 14:00 GMT - Feb 24, 13:59 GMT

  • 20M $MERL Cap Vault, 50% APR

  • PoS adoption expands โ€“ More stakers, still high rewards!

Period 3: Feb 24, 14:00 GMT onwards

  • Unlimited Cap, 15% APR long-term

  • Last chance before PoS Mainnet activation.

MERL Staking Guides

  • Enter the amount of MERL you want to stake and click "Stake".

    • For EVM wallet users, ensure you have enough BTC in your wallet to cover the gas fees.

    • For BTC wallet login, ensure your MERL tokens have been bridged to your Layer 2 address.

  • Review the pop-up information in your wallet to confirm the staking amount is correct. Once confirmed, sign and submit the transaction.

  • Once your transaction is successfully signed and staked, click the "View History" button to check your staking record.

Unstaking Guides

  • Enter the amount you wish to unstake.

  • Review the unstaking amount and earnings, then click "Confirm" to start the unstaking review process.

    • After a 7-day review period, return to this page and click "Claim" to retrieve your funds.

    • Your earnings will be automatically delivered to your address along with the unstaked MERL.

    • Please note, only one request can be processed at a time.

Note: If the user does not initiate an unstake request, the MERL will remain staked, and the APR will be calculated according to the respective staking period.

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