Merlin M-Tokens

(looking forward for more details about M-Tokens)

Introduction to M-Tokens

M-Tokens represent a revolutionary approach to staking, offering liquid staking tokens that you receive immediately upon staking your assets on Merlin Chain. These tokens are crafted to integrate smoothly with the various projects within the Merlin Chain ecosystem, unlocking new avenues for profit while your original assets remain securely staked.

How to Acquire M-Tokens

• Deposit Assets: After depositing on Merlin Seal, your assets are securely locked into MPC wallets. These wallets are managed by Cobo and other trusted partners, ensuring a high level of professionalism and security.

• Receive M-Tokens: Based on what you stake, the system creates M-Tokens for you in the network. You might see tokens like $MBTC, $MORDI, and $MW420, each linked to a specific asset you staked.

• Use Your M-Tokens: These tokens aren't just for show; you can trade them, use them to provide liquidity on exchanges, or get involved in other DeFi projects for extra earnings.

Utilizing M-Tokens

• Trading and Liquidity: M-Tokens can be actively used for trading or providing liquidity on decentralized exchanges (Dex) or within DeFi protocols. This versatility allows you to generate additional profit from your staked assets.

• Restrictions and Opportunities: While M-Tokens cannot be transferred out of the Merlin Chain, they are tradable within it. Selling an M-Token transfers the earning potential and M-Points to the seller, but the original staked asset cannot be reclaimed by the seller. Conversely, the buyer gains the ability to claim the original deposited assets with the purchased M-Token.

Redeeming Original Assets

• Release and Redemption: The original assets locked in the MPC wallets are scheduled for release in April. At this time, users can use their M-Tokens to redeem their initially deposited funds, closing the loop on the staking and investment process.