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Merlin is a revenue aggregation tool that can automatically combine. Its ecosystem has been optimized to achieve the maximum return on the premise of safety and sustainability for users.
In addition to bearing the cost of Gas, Merlin will also be responsible for the product's APY tracking, optimal yield strategy and security. The goal is to maximize the benefits of DeFi users at the lowest possible cost (all APY shown and APR are included in the fee).
$MERL tokens are minted in proportion to the BNB acquired on the platform.
A burn contribution of 0.3%-0.9% is charged for non-$MERL rewards. The fee charged is divided equally into two parts.
Buybacks and Burns: 50% of burnt is used to execute market buybacks of $MERL tokens to stabilize prices during market volatility.
Lottery draw: 50% of the burning will be used to purchase $MERL and injected into the lottery pool. 20% of the pool will be burned.
Stake in the MERL pool and earn rewards in major cryptocurrencies (aka BTCB, ETH, BNB, CAKE and more to come).
Governance
Earn more $MELR through MERL prize pool draws (coming soon)
Earn rewards from cross-chain vaults (coming soon)