Particle Network | People's Launchpad First IDO $MERL

The wait is over. The People’s Launchpad is now LIVE!
First up on our launchpad is @MerlinLayer2, a Bitcoin Layer-2 solution that integrates ZK-Rollups, a decentralized oracle network, and on-chain BTC fraud-proof modules to make Bitcoin fun again.

• Ticker: $MERL
• Total Prize Pool: $1,000 for 21,000,000 $MERL (1% of total token supply)
• Token Listing at $100,000 Fully Diluted Valuation (FDV)

1- Instructions to participate:

To get an allocation on $MERL tokens, you'll need to accumulate Power on our Launchpad.
The more Power you have, the higher your allocation. $BTC and $ALLY holders will have 5 days to accrue Power.

2- You can get Power through each/combination of the 3 methods:
1. Holding $BTC on Merlin Chain's Mainnet
2. Staking $ALLY. Power is accrued based on the amount and length of stake
3. Referring users to participate in the campaign and completing community tasks

3-Timeline:
◢ Period for accumulating Power: 5 - 10 Feb (12pm UTC).
◢ Redemption Period 10 - 11 Feb (12pm UTC).
◢ Tokens will be distributed once Merlin Chain's tokens are released.

How to participate (step-by-step)

1- Join via an invite link or by entering an invite code at https://launchpad.ally.build/. If you don’t have an invite code, you can use my invite code:

https://launchpad.ally.build?id=1&inviteCode=5XUPSX

2- Connect a wallet. Here you will have the option of connecting a Bitcoin wallet (Unisat, OKX, or BitGet), MetaMask/Wallet Connect, or use a Web 2.0 login to create a Particle Wallet. To participate, you will need to have $MBTC (BTC that has crossed chains onto the Merlin Chain) or $ALLY, so we advise you to keep this in mind when selecting your wallet. If you select a Bitcoin wallet, you will also be asked to bind a MetaMask wallet, allowing you to stake $ALLY later.


3- Connect and follow Particle Network on Discord and Twitter to prove you’re a unique user.
4- You’ll land on our main Launchpad page. This page will feature both your Power ranking (which determines your $MERL allocation) and tasks you can complete to earn additional Power. Our dashboard also features key information, such as your expected $MERL allocation, additional rules on unclaimed purchases, and the dates you should realize your purchase to lock in your token distribution.

Let’s now look into the different tasks allowing you to accrue Power:

Staking $ALLY

The People’s Alliance’s badge of honor, $ALLY, is a Linea Inscription. 
To stake $ALLY, you will need to hold any amount of it in either your Particle or another connected Web3 wallet. If you don’t have any, you can purchase them at The People’s Marketplace using $ETH on the Linea network, or request someone to transfer some to you.

Once you start the staking $ALLY process, you’ll be shown your total balance of Inscriptions. To stake, select the $ALLY amount and confirm. You’ll be taken to a new screen, in which you will have to authorize the transaction and pay gas fees (in Linea $ETH).


You’ll be able to stake up to 2,000,000 $ALLY and get up to 80,000 Power from this dynamic.

Thanks for reading.