The first BTC DeFi-Mineral protocol staking mining on Merlin Chain is launched

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Cointime2024/03/29 02:08

By:Cointime

The first BTC DeFi - Mineral protocol staking and mining is launched on the Bitcoin second-layer network, Merlin Chain, with a head mining yield of up to 1801.59% for its treasury token, MNER. Mineral pioneers the introduction of BTC computing power RWA, which can sustainably provide positive externalities for the protocol, with a dual flywheel token model that continuously increases RWA holdings to solidify the treasury value, and opens up the possibility of DeFi Restaking on BTC through high composability. Its treasury token, MNER, was oversubscribed by more than 900% in pre-sale and ended successfully. As of March 28, 2024, MNER has risen by 180%.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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