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What is the issue volume of MERL coins? One article to introduce the application scenarios of MERL coins
The total issuance volume of MERL coins is 10 billion, with an initial issuance of 2 billion and a secondary issuance of 8 billion to be released gradually through various mechanisms.
Oct 22, 2024 at 12:24 pm
What is the Issuance Volume of MERL Coins?
- Total Issuance Volume: The total issuance volume of MERL coins is 10 billion.
- Initial Issuance: 2 billion MERL coins were issued during the initial issuance.
- Secondary Issuance: The remaining 8 billion MERL coins will be issued over a period of time through mining rewards, staking rewards, and other mechanisms.
Distribution: The initial issuance was distributed as follows:
- 50% to the MERL team and advisors
- 25% to the community through an initial coin offering (ICO)
- 20% to strategic partners
- 5% to the MERL Foundation
Application Scenarios of MERL Coins
MERL coins have a wide range of application scenarios, including:
- Payments: MERL coins can be used to make payments for goods and services both online and offline.
- Staking: MERL holders can stake their coins to earn rewards and participate in network governance.
- Governance: MERL holders can participate in the governance of the MERL network by voting on proposals and electing delegates.
- Defi Applications: MERL coins can be used to access and participate in a variety of DeFi applications, such as lending, borrowing, and yield farming.
- NFT Marketplaces: MERL coins can be used to purchase and trade non-fungible tokens (NFTs) on various marketplaces.
- Gaming: MERL coins can be used to purchase in-game items, access exclusive content, and participate in tournaments.
- Metaverse: MERL coins can be used to purchase virtual land, avatars, and other digital assets in the metaverse.
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