The Merlin Chain Weekly Recap brings you the latest updates from the Merlin ecosystem, community, and our Grand Sorcerer, Jeff, providing easy access to the most important information to keep you informed and help you make well-informed decisions.
💡 Merlin Chain: Highlights from Last Week
🔸 Merlin Chain launches PoS Prestage Campaign
Merlin Chain has officially launched its PoS Prestage campaign, inviting $MERL holders to stake and secure the network ahead of the full Proof-of-Stake upgrade. The campaign will unfold in three phases, with the first offering 100% APR for early participants, followed by 50% APR and a long-term 15% APR. This initiative enables users to contribute to the decentralization and security of the network while earning high rewards. As the PoS Mainnet nears, the campaign offers a unique opportunity to be a part of Merlin Chain’s next evolution, with BTC-based security mechanisms ensuring a robust, decentralized Layer 2 solution for Bitcoin.
🌟 The 1st PoS Prestage Vault, containing 10M $MERL, was fully filled in just 26 minutes.
🔸 Merlin Chain Partners with Plume Network to Launch SkyLink
Merlin Chain has partnered with Plume Network to introduce SkyLink, a groundbreaking feature that brings Real-World Asset (RWA)-backed yields seamlessly onto the Merlin Chain. With no bridges or friction, users can now earn stable returns directly into their wallets. SkyLink’s mirrored YieldTokens provide permissionless access to institutional-grade RWA yields for users on Merlin Chain. The platform enables omnichain yields through unified pools, cross-chain mint and burn capabilities, ensuring secure and compliant asset custody. This partnership marks a new chapter for BTC-native DeFi, further enhancing the financial ecosystem with enhanced yield accessibility.
🍻 A Toast to Our Friends’ Achievements
✨ Avalon Labs: $AVL Airdrop Registration is Open
Avalon Labs has officially opened registration for the $AVL airdrop. By registering your wallet, you will be eligible to receive $AVL tokens following the upcoming Token Generation Event (TGE). This is a limited-time opportunity to secure your share of $AVL before the airdrop takes place.
✨Phase 2 of Timon’s Earnathon is now LIVE, with 200 WL spots totaling 50 mBTC available
Timon is bringing an exciting new opportunity to stake your M-BTC on Kernel DAO, unlocking even more earning potential. This phase introduces the ultimate AI Farming Bot as smart assistant for yield farming opportunities.
🧙Key Takeaways from Merlin Monday with Jeff
Merlin Chain’s PoS Future:
Prestage: Period 1 10M MERL cap filled in 26 minutes; with Period 2 coming next week
Merlin’s PoS mechanism will involve decentralized node validators; malicious nodes risk slashing (rare in practice).
Cross-Chain & Liquidity Strategy
Merlin bridges to Solana, Ethereum, Base, Sui, Aptos, and integrates Bitcoin into AI-driven liquidity programs.(In the future monthes)
M-BTC liquidity: Over $10M across EVM chains (e.g., zkSync, Mode, Core).
AI Developments
AI Narrative: Current phase is "halftime"; expect more innovative AI products in 1–2 months. Focus on cross-chain AI apps (e.g., Bitcoin ↔ Solana memes).
Empower BTC.Fun: Attract builders who are creating truly innovative products.
Market Outlook
Altcoin Challenges: Most new tokens face steep declines (80–90% drops).
Merlin Strategy: Focus on utility (staking, cross-chain liquidity) over speculation. and focus on total withdrawal(MERL) from CEX.
For fully recap👇