Bitmap Tech: Distributing 16.8 million MERL to early users of MerlinSwap

ChainCatcher message, the Bitcoin ecosystem Bitmap Tech announced on social media that the VOYA airdrop is underway, and the Merlin Chain bridging feature is now live. To ensure early security, Bitcoin to Layer 1 wallet addresses will take about 3 days. Other Layer 2 solutions, such as OP, require 7 days for settlement, but this will be faster in the future. Bridging fees include Gas fees and UTXO merging/splitting fees, which will be reduced in the near future.

It is reported that 16.8 million MERL (accounting for 0.8% of the total supply) will be released to users based on their online activities in the early stage, such as transfers, trading tokens, or providing liquidity on MerlinSwap.

In addition, the ZKEvm CDK, which will be launched in the coming days, will address the congestion issues of AA wallets.