-
Bitcoin $83,866.3857
1.56% - Ethereum
$1,920.8717
1.38% - Tether USDt
$1.0000
0.02% - XRP
$2.4137
4.42% - BNB
$593.5264
2.60% - Solana
$132.9915
5.96% - USDC
$1.0000
0.01% - Cardano
$0.7396
2.92% - Dogecoin
$0.1732
2.10% - TRON
$0.2207
-0.64% - Pi
$1.4504
-7.19% - Chainlink
$13.8931
0.28% - UNUS SED LEO
$9.8422
0.92% - Stellar
$0.2749
-0.93% - Hedera
$0.1925
0.85% - Avalanche
$18.5889
-1.28% - Shiba Inu
$0.0...01279
2.23% - Sui
$2.3455
6.16% - Toncoin
$2.9340
4.49% - Litecoin
$92.6794
3.00% - Bitcoin Cash
$343.2170
4.12% - Polkadot
$4.3000
5.70% - MANTRA
$6.4208
2.82% - Ethena USDe
$0.9998
0.03% - Dai
$1.0000
0.00% - Bitget Token
$4.4011
2.12% - Hyperliquid
$14.4639
6.42% - Monero
$211.1156
0.99% - Uniswap
$6.1250
3.72% - Aptos
$5.3388
3.16%
What is the issuance and circulation of MERL coins?
With an initial issuance of 250 million coins and a maximum supply of 10 billion, MERL coins have become the primary medium of exchange within the Metaverse Eagle (MVG) ecosystem.
Oct 13, 2024 at 08:17 pm
1. Issuance of MERL Coins
- MERL coins, the native cryptocurrency of the Metaverse Eagle (MVG) ecosystem, were first issued in March 2022.
- The maximum supply of MERL coins is capped at 10 billion, with an initial issuance of approximately 250 million coins.
- Additional MERL coins are minted through a consensus mechanism known as Proof-of-Work (PoW).
2. Circulation of MERL Coins
MERL coins are primarily circulated through the following channels:
- Exchanges: MERL coins are traded on various cryptocurrency exchanges, allowing users to purchase, sell, and exchange them.
- Mining: Miners use specialized hardware to verify transactions on the MVG blockchain and earn MERL coins as rewards.
- Staking: Users can stake their MERL coins to participate in the PoW consensus mechanism and earn additional coins as rewards.
- DEXs (Decentralized Exchanges): Decentralized exchanges allow users to trade MERL coins directly with each other without intermediaries.
- Gaming and Applications: MERL coins are used as an in-game currency and payment method within the MVG ecosystem, including games and virtual worlds.
3. Role in the MVG Ecosystem
MERL coins play a crucial role in the MVG ecosystem as:
- Native Cryptocurrency: They serve as the primary medium of exchange within the ecosystem.
- Governance: MERL coin holders can participate in the MVG governance process, including voting on proposals and roadmap decisions.
- Staking and Rewards: Users can earn rewards by staking their MERL coins to support the blockchain network.
- Deflationary Mechanism: A portion of MERL coins earned through mining is burned, creating a deflationary mechanism that helps maintain the value of the coins.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- Dogecoin (DOGE) Price Prediction: DOGE Prepares For A Major Rebound, Targeting $4
- 2025-03-15 17:45:54
- Dogecoin (DOGE) Is Retesting The Lower Bound Of An Ascending Channel
- 2025-03-15 17:45:54
- Key highlights:
- 2025-03-15 17:45:54
- Bitcoin’s Spirited Resurgence Signals a New Era for Cryptocurrencies
- 2025-03-15 17:45:54
- XRP Price Maintains an Ascending Trend After the Rebound
- 2025-03-15 17:45:54
- XRPTurbo: Revolutionizing the XRP Ledger Ecosystem with a Comprehensive Suite of DApps
- 2025-03-15 17:45:54
Related knowledge
Which cryptocurrency websites are good for beginners?
Mar 14,2025 at 04:48pm
CoinbaseUser - friendly Interface: Coinbase offers a clean and intuitive interface that is easy for beginners to navigate. The platform is designed to be straightforward, with clear instructions for tasks like creating an account, depositing funds, and buying/selling cryptocurrencies. For example, when you log in, you are greeted with a dashboard that s...
How much will Bitcoin be worth in 2025
Mar 14,2025 at 04:23pm
Predicting the value of Bitcoin in 2025 is an extremely complex task. Bitcoin, as the pioneer of cryptocurrencies, has a price influenced by a vast array of factors, ranging from market dynamics and technological advancements to regulatory changes and global economic conditions.Market Supply and DemandLimited Supply: Bitcoin has a capped supply of 21 mi...
How to issue an ERC-20 token?
Mar 15,2025 at 04:20pm
Key Points:Understanding the prerequisites for ERC-20 token creation.Choosing the right development environment and tools.Writing the smart contract code.Compiling and deploying the smart contract to the Ethereum network.Testing the deployed token thoroughly.Listing the token on exchanges (optional).How to Issue an ERC-20 Token?Issuing an ERC-20 token i...
What are the core functions of the smart contract of ERC-20 tokens?
Mar 15,2025 at 11:10am
Key Points:ERC-20 smart contracts define the core functionality of a token, enabling transferability, balance tracking, and allowance for delegated transfers.Beyond basic token mechanics, smart contracts can incorporate features like burning, minting, and pausing token transactions.Advanced functionalities may include integration with other DeFi protoco...
What are the main functions of ERC-20 tokens?
Mar 13,2025 at 12:21am
Key Points:ERC-20 tokens are standardized tokens built on the Ethereum blockchain, enabling interoperability and ease of use.Their primary function is to represent fungible assets, meaning each token is interchangeable with any other of the same type.ERC-20 tokens facilitate various use cases, including fundraising (ICOs/IEOs), representing in-game asse...
How are ERC-20 tokens created on the Ethereum blockchain?
Mar 13,2025 at 01:30pm
Key Points:ERC-20 tokens are created by deploying a smart contract to the Ethereum blockchain.This smart contract defines the token's properties, such as name, symbol, total supply, and decimals.Several tools and platforms simplify the process, including online IDEs and dedicated token creation services.Understanding Solidity programming is crucial for ...
Which cryptocurrency websites are good for beginners?
Mar 14,2025 at 04:48pm
CoinbaseUser - friendly Interface: Coinbase offers a clean and intuitive interface that is easy for beginners to navigate. The platform is designed to be straightforward, with clear instructions for tasks like creating an account, depositing funds, and buying/selling cryptocurrencies. For example, when you log in, you are greeted with a dashboard that s...
How much will Bitcoin be worth in 2025
Mar 14,2025 at 04:23pm
Predicting the value of Bitcoin in 2025 is an extremely complex task. Bitcoin, as the pioneer of cryptocurrencies, has a price influenced by a vast array of factors, ranging from market dynamics and technological advancements to regulatory changes and global economic conditions.Market Supply and DemandLimited Supply: Bitcoin has a capped supply of 21 mi...
How to issue an ERC-20 token?
Mar 15,2025 at 04:20pm
Key Points:Understanding the prerequisites for ERC-20 token creation.Choosing the right development environment and tools.Writing the smart contract code.Compiling and deploying the smart contract to the Ethereum network.Testing the deployed token thoroughly.Listing the token on exchanges (optional).How to Issue an ERC-20 Token?Issuing an ERC-20 token i...
What are the core functions of the smart contract of ERC-20 tokens?
Mar 15,2025 at 11:10am
Key Points:ERC-20 smart contracts define the core functionality of a token, enabling transferability, balance tracking, and allowance for delegated transfers.Beyond basic token mechanics, smart contracts can incorporate features like burning, minting, and pausing token transactions.Advanced functionalities may include integration with other DeFi protoco...
What are the main functions of ERC-20 tokens?
Mar 13,2025 at 12:21am
Key Points:ERC-20 tokens are standardized tokens built on the Ethereum blockchain, enabling interoperability and ease of use.Their primary function is to represent fungible assets, meaning each token is interchangeable with any other of the same type.ERC-20 tokens facilitate various use cases, including fundraising (ICOs/IEOs), representing in-game asse...
How are ERC-20 tokens created on the Ethereum blockchain?
Mar 13,2025 at 01:30pm
Key Points:ERC-20 tokens are created by deploying a smart contract to the Ethereum blockchain.This smart contract defines the token's properties, such as name, symbol, total supply, and decimals.Several tools and platforms simplify the process, including online IDEs and dedicated token creation services.Understanding Solidity programming is crucial for ...
See all articles
