Merlin Chain, a Bitcoin Layer2 network, has announced that it will allocate over 50% of its BTCFi ecosystem revenue to buy back MERL tokens. This initiative is part of a long-term strategy to enhance token value and provide tangible returns to the community. The BTCFi ecosystem is reportedly generating stable income through various channels, including staking, liquidity, and yield protocols. The team highlighted that this move is aimed at both expanding the ecosystem and ensuring that growth translates into real value for its users.
Merlin Chain Dedicates 50% of BTCFi Revenue to MERL Token Buybacks
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