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About Merlin Chain
MERL is the native utility and governance token of Merlin Chain, a Bitcoin Layer 2 solution that integrates ZK-Rollup networks, decentralized oracle networks, and on-chain fraud proofs. The token is used for staking to secure the network, participating in governance, and facilitating the ecosystem's native protocols and applications. By bridging Bitcoin's Layer 1 assets with Layer 2 innovation, MERL supports the expansion of decentralized finance (DeFi) and asset potential within the Bitcoin ecosystem.
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