Merlin is an automated yield aggregator with an ecosystem optimized for maximizing user returns while prioritizing security and sustainability.
Merlin handles APY tracking, optimal yield strategies, and security while also absorbing gas costs. Its goal is to maximize DeFi user returns at the lowest possible cost (all APYs and APRs shown are inclusive of fees).
Deflationary Mechanism (Coming Soon)
$MERL tokens are minted proportionally to the BNB earned on the platform.
A 0.3%-0.9% burn contribution is charged on rewards from the non-$MERL portion. The collected fees are split evenly in two parts.
Buyback and Burn: 50% of the burn is used to execute market buyback of $MERL tokens to stabilize prices during market fluctuations.
Lottery Draw: 50% of the burn will be used to purchase $MERL and inject it into the lottery pool. 20% of the pool will be burned.
Token Utility
Stake in the MERL pool to earn rewards in mainstream cryptocurrencies (aka BTCB, ETH, BNB, CAKE and more cryptocurrencies coming soon).
Governance
Win more $MELR through lottery draws within the MERL pool (coming soon)
Earn rewards from cross-chain treasury (coming soon)