Merlin Chain Unveils Merlin 2.0 to Revolutionize Bitcoin Holding, Earning, and Investing
Main Idea
Merlin Chain introduced Merlin 2.0 to enhance Bitcoin's utility through BTCFi expansion, chain abstraction technology, and AI-driven applications, aiming to improve liquidity and participation in a multi-chain ecosystem.
Key Points
1. Merlin 2.0 focuses on three key areas: BTCFi expansion, chain abstraction technology, and AI-driven applications like Merlin Wizard.
2. The initiative aims to lower barriers for Bitcoin utilization, enabling seamless asset swaps and income generation.
3. Since its February 2024 mainnet launch, Merlin Chain has supported projects like Solv, Bedrock, Avalon, and Babylon, securing over $3.8 billion in BTC.
4. The Merlin ecosystem currently has approximately $2 billion in BTCFi Total Value Locked (TVL), accounting for over 20% of the market share.
Description
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