PANews reported on October 17th that Merlin Chain, the Bitcoin Layer 2 network, officially tweeted that its BTCFi ecosystem continues to generate stable and sustainable revenue across multiple chains, with revenue coming from staking, liquidity, and yield-generating protocols. According to official plans, over 50% of this revenue will be used to continuously repurchase $MERL tokens. The relevant repurchase mechanism is already in place and will be maintained in the long term. Officials emphasized that Merlin Chain’s construction of BTCFi is not only about ecological expansion, but also about returning the actual value of ecological growth to the community.PANews reported on October 17th that Merlin Chain, the Bitcoin Layer 2 network, officially tweeted that its BTCFi ecosystem continues to generate stable and sustainable revenue across multiple chains, with revenue coming from staking, liquidity, and yield-generating protocols. According to official plans, over 50% of this revenue will be used to continuously repurchase $MERL tokens. The relevant repurchase mechanism is already in place and will be maintained in the long term. Officials emphasized that Merlin Chain’s construction of BTCFi is not only about ecological expansion, but also about returning the actual value of ecological growth to the community.
Merlin Chain: BTCFi's revenue is growing steadily, and 50% of the revenue will continue to be used for the repurchase of MERL tokens.
PANews reported on October 17th that Merlin Chain, the Bitcoin Layer 2 network, officially tweeted that its BTCFi ecosystem continues to generate stable and sustainable revenue across multiple chains, with revenue coming from staking, liquidity, and yield-generating protocols. According to official plans, over 50% of this revenue will be used to continuously repurchase $MERL tokens. The relevant repurchase mechanism is already in place and will be maintained in the long term.
Officials emphasized that Merlin Chain’s construction of BTCFi is not only about ecological expansion, but also about returning the actual value of ecological growth to the community.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Why Investors Choose Pepeto As 2025’s Best Crypto: The Next Bitcoin Story
Desks still pass that story around because it’s proof that one coin can change everything. And the question that always […] The post Why Investors Choose Pepeto As 2025’s Best Crypto: The Next Bitcoin Story appeared first on Coindoo.
Share
Coindoo2025/09/18 04:39
My First Bitcoin Announces Rebrand Amid Global Expansion
The post My First Bitcoin Announces Rebrand Amid Global Expansion appeared on BitcoinEthereumNews.com. My First Bitcoin Announces Rebrand Amid Global Expansion Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Rubmar is a crypto enthusiast who likes learning and improving constantly. She enjoys reporting on the latest news and developments in the crypto industry. Rubmar also enjoys scrapbooking, crafting, simulation games, and watching football. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/my-first-bitcoin-announces-global-expansion/
Share
BitcoinEthereumNews2025/11/08 16:08
NVIDIA Leaders Honored with Queen Elizabeth Prize for Engineering
The post NVIDIA Leaders Honored with Queen Elizabeth Prize for Engineering appeared on BitcoinEthereumNews.com. Luisa Crawford Nov 07, 2025 05:55 NVIDIA’s Jensen Huang and Bill Dally receive the Queen Elizabeth Prize for their pivotal work in AI and accelerated computing, marking a significant contribution to modern engineering. NVIDIA’s founder and CEO Jensen Huang, along with Chief Scientist Bill Dally, have been awarded the prestigious Queen Elizabeth Prize for Engineering. Their recognition comes as a result of their groundbreaking contributions to the fields of artificial intelligence (AI) and machine learning, according to NVIDIA’s official blog. Pioneers in Accelerated Computing Huang and Dally were among seven laureates recognized for their pioneering efforts in developing GPU architectures that are fundamental to current AI systems and machine learning algorithms. The award, presented by King Charles III at St James’s Palace, highlights their role in the evolution of accelerated computing, a key driver of the ongoing transformation in the technology sector. Huang expressed immense pride in being acknowledged alongside other innovators who have revolutionized the world, stating, “We are living through the most profound transformation in computing since the invention of the microprocessor.” He emphasized the essential nature of AI as future infrastructure, akin to electricity and the internet in past eras. Contributions to AI Advancement Dally credited the progress in AI to decades of advancements in parallel computing and stream processing, underscoring the continual refinement of AI hardware and software to empower greater human achievements. The duo’s work has enabled the training of large models and the simulation of complex systems, significantly advancing scientific research. Their contributions have laid the groundwork for the widespread adoption of AI technologies, continuing a tradition of innovation that the Queen Elizabeth Prize for Engineering aims to celebrate. Engagement with the UK Government On the same day as the award ceremony, Huang and Dally participated…
Share
BitcoinEthereumNews2025/11/08 15:56