Merlin $Merl: all you have to know is its UNLOCKS! MONEY!!!Project description:
Merlin ( TURQUOISE:MERL ) is a decentralized finance (DeFi) platform focused on yield optimization and automated liquidity provision, allowing users to maximize their earnings through automated strategies and staking options.
Type of project:
Yield optimization and automated liquidity provision in DeFi.
Is it under a block?:
Yes, Merlin operates on Ethereum and other compatible blockchains, using smart contracts to automate yield strategies and manage liquidity.
Latest update or news:
As of November 7, 2024, Merlin introduced its Merlin Staking Program, allowing users to stake TURQUOISE:MERL tokens and earn rewards while supporting liquidity across DeFi platforms.
Narrative:
DeFi yield optimization, staking, and automated liquidity provision.
Unlocks Data for Merlin ( TURQUOISE:MERL ):
1. Upcoming Unlock:
Next Unlock Event: Scheduled for November 19, 2024, with an unlock of 17.5 million MERL tokens.
Percentage of Circulating Supply: This release constitutes approximately 2.08% of the circulating supply.
2. Rate of Token Release to Circulation:
Next 7 Days (November 7 – November 14): 0 MERL tokens released, or 0% of the circulating supply.
Next 30 Days (November 7 – December 7): 17.5 million MERL tokens released, or 2.08% of the circulating supply.
3. Total Unlocked:
Total Unlocked Tokens: 605.23 million MERL, representing approximately 28.82% of the maximum supply of 2.1 billion MERL tokens.
4. All Upcoming Unlocks in the Future:
November 19, 2024: 17.5 million MERL
December 19, 2024: 17.5 million MERL
January 19, 2025: 17.5 million MERL
February 19, 2025: 17.5 million MERL
March 19, 2025: 17.5 million MERL
April 19, 2025: 17.5 million MERL
Further monthly unlocks continue on the 19th of each month through December 2028.
5. Vesting Analysis for Merlin ( TURQUOISE:MERL ):
Merlin’s vesting structure is designed to support long-term growth and stability:
Staking & Yield Rewards: 40% allocation, gradually released to incentivize staking and provide yield rewards within the ecosystem. Team & Advisors: 20% allocation, vested over 4 years to align with long-term project growth. Liquidity & Market Making: 15% allocation, dedicated to ensuring sufficient liquidity and smooth trading experiences. Ecosystem Development: 15% allocation, reserved for partnerships, development, and expansion efforts. Community Incentives & Airdrops: 10% allocation, distributed to early supporters and to drive platform adoption.
