People's Launchpad - Earn Merlin Token on Merlin Network

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7 Feb 2024

People' s Launchpad is going live. And, to kick things off with a bang, They will debut giving you the exclusive opportunity to participate in Merlin Chain's token launch.Launchpad is going live. And, to kick things off with a bang,People's launchpad will debut giving you the exclusive opportunity to participate in Merlin Chain's token launch.

Merlin Chain is a Bitcoin Layer2 that integrates a ZK-rollup network, decentralized oracle, and on-chain BTC fraud proof modules. Merlin Chain is committed to empowering Bitcoin's native assets, protocols, and products on Layer1 through its Layer2 network, to Make Bitcoin Fun Again. Merlin Chain was introduced by Bitmap Tech, the premier OG team boasting an overall market cap exceeding $500 million. Its BRC-420 "Blue Box" collection has become one of the hottest Ordinals assets. in the fast-paced world of post-Ordinal Bitcoin innovation, the project is ready to make waves with the release of its Mainnet and upcoming native token.

Merlin is the first EVM-compatible Bitcoin L2 zk-rollup integrating native compatibility with Bitcoin wallets via Particle Network’s BTC Connect. Through multi-chain Inscription features and the use of a BRC-20 token, $MERL as its native token, Merlin attempts to simplify the process of handling Inscriptions and Ordinals for Bitcoin users.

Here are all the details you should know, how to take advantage of this, and why you absolutely should put your BTC and $ALLY to work for you.

I did all of the steps and I get points for allocation of Merlin Chain Token.

For the very first activation on their Launchpad, They do something special, for BTC holders, $ALLY holders, the Particle Network ecosystem, and Web3 as a whole.

Important Steps

Stake ALLY (If you get it with the previous campaign on Linea network)
Hold BTC on your Merlin Chain on Particle Network.
Invite more people to get more points for allocation

Merlin Chain is distributing a considerable portion of its native tokens to the community. And, to allocate these tokens to loyal, active community members, they have crafted a unique deal for The People’s Alliance. To summarize it:

There will only ever be 2,100,000,000 $MERL in circulation.
Merlin Chain has allocated 21,000,000 of these tokens to Launchpad --1% of their total supply.
These tokens, worth $100,000 at launch, will be offered through Launchpad for a mere combined $1,000, making this opportunity extremely attractive.

How to participate (step-by-step)

Join via an invite link or by entering an invite code at https://launchpad.ally.build/.
Invite code : EWPJIF (Mandatory)

Connect a wallet. 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.

I used Metamask easier way to participate.

You will see this page
Click to enter invite code to start earning power.
Click on join

Click to Google
Choose your google ccount
Connect and follow Particle Network on Discord and Twitter

You’ll land on 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. The 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.

Staking $ALLY

You can stake how much ALLY you want up to 2000000. When you stake ALLY you will get points for allocation.

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

Bridging BTC to Merlin Chain

One of the activities that awards you the most power is holding BTC on Merlin Chain’s Mainnet, released on the same day as this campaign.

Using Meson’s omni-chain bridge (recommended for MetaMask and Particle Wallet user

If you’re using Metamask, you can go to Meson.fi /Merlin and swap assets from any supported chain you currently have assets on for BTC on Merlin Chain. Meson supports EVM networks like Polygon and Ethereum, as well as L2s like Arbitrum and zkSync, and even non-EVM networks like Tron, Solana, Aptos, and Sui. Meson supports BTC,BTCB,WBTC,USDC,USDT,XDAI, and CUSD cross-chain swaps to BTC on Merlin Chain, although the available assets may vary on each originating network.

Inviting new members to the Alliance

Particle Network is building the Intent-Centric Access Layer of Web3. Particle's Modular Smart Wallet-as-a-Service tools allow developers to tap into MPC-TSS and social logins to enable self-custodial, dApp-embedded wallets accessible through users' Web2 accounts. This also allows them to leverage ERC-4337 account abstraction, enabling a seamless experience with maximum flexibility. Similarly, Particle Network has already released the first-ever account abstraction protocol for the Bitcoin ecosystem, BTC Connect. Particle's next evolutionary steps include the introduction of Omnichain Abstraction, a Confidential zkStack, and the Intent Fusion Protocol, elevating users' experience within dApps and paving the way for mass Web3 adoption.

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