BIT and Merlin Chain collaborate to launch the Merlin Seal staking event, enabling Merlin Coin airdrops for stakers. Your staked assets will be locked in a designated address on the chain, and points will be calculated based on your staking amount and the total staking amount of your team. Once Merlin Coin is listed, points will be automatically converted into Merlin Coin and deposited into your staking address.
For specific details, please refer to the activity rules:
Merlin Chain official website:
Tutorial for using Merlin:
Common Questions:
What are the mining fees charged by BIT?
The mining fees for staking ETHS are the costs incurred on-chain.
When will Merlin Coin be listed?
Merlin Coin will be listed by the end of March. Please refer to the Merlin Chain official website for specific listing times.
When can I redeem my staked ETHS assets?
You can redeem your ETHS assets around mid-April.
Can I stop staking ETHS midway?
The Merlin airdrop event does not support early unstaking of ETHS.
Is the progress bar on the purchase page and entry point for my progress or the team's progress?
It reflects the team's progress.
On the Merlin official website, the milestone progress of this team is shown in BTC, why is BIT displayed in ETHS?
Because BIT's collaboration with the Merlin staking project involves staking in ETHS, to provide a more direct experience, we convert the milestone progress in BTC to ETHS. In reality, the underlying calculation still converts total staked ETHS to BTC.
Where can I find detailed information about the rules of the event?
What is the official website of Merlin Chain?
If the staking amount exceeds the maximum progress of the progress bar, can additional earnings still be obtained?
No, it is recommended to create a new team.
The redemption of Merlin coins is distributed in stages over 6 months (April - September 19th)
Click Assets>Earn>Merlin>ETHS interface
Click Redeem
Click MERL>Select All>Claim
Wait 10 to 30 minutes for MERL to be deposited into your BIT account