Merlin Chain launches M-Token and will soon release more than $3.2 billion in liquidity

Merlin Chain, the second-layer Bitcoin network, announced the official launch of M-Token, which requires no gas and is completely free of charge. M-Token is a mapped asset generated by users staking tokens in Merlin Chain. It is used to experience products and interactive protocols in the Merlin Chain ecosystem, improve asset utilization and witness ecological development. Merlin Chain will first start minting M-BTC within 24 hours, and other M-Tokens including M-SATS and M-ORDI will gradually start minting subsequently. It is reported that since Merlin Chain started the main network staking activity, the TVL has exceeded 3.2 billion US dollars in 30 days, including BTC worth 1.95 billion US dollars, 870 million US dollars of BRC-20, Bitmap and other Bitcoin network native assets, and 420 million US dollars worth of TVL. USD Ethereum, stablecoins and other assets. With the launch of M-Token, more than $3.2 billion in liquidity is about to be released.