Merlins Seal

Merlin's Seal is an event associated with the Merlin Chain, focusing on the fair launch of its governance token, $MERL. Users stake assets to earn M-points, which are then used to determine the distribution of $MERL rewards

## Overview Merlin's Seal is a staking and token distribution mechanism operated by Merlin Chain, a blockchain network designed to support Bitcoin ecosystem applications. The initiative centers on the fair launch of $MERL, the network's governance token, using a points-based allocation system rather than traditional token sales or airdrops. Users who participate in Merlin's Seal stake cryptocurrency assets across supported blockchains—Bitcoin, Ethereum, Arbitrum, and zkFair—to accumulate M-points. These points function as a claim on the future $MERL distribution, with the quantity of points ea