CandleFocus Merlin Chain and Taiko Join Forces to Grow Bitcoin Liquidity and Yield Opportunities
2024-11-13
Author: Content Editor
Merlin Chain has announced a strategic partnership with Taiko, an open-source Ethereum Layer 2 rollup. This collaboration aims to improve liquidity and yield opportunities for Bitcoin ($BTC) holders. The integration allows users to bring Merlin Chain's $BTC-backed coin, called $M-BTC, to Taiko, unlocking diverse financial options for $BTC holders. Taiko's Trailblazers project offers rewards for engagement, including incentives for $M-BTC holders through liquidity mining and yield farming. The partnership aims to provide a pathway for $BTC holders to access Taiko's rewards-rich platform and enhance liquidity and yields.
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