Merlin Chain has released Merlin 2.0, reshaping BTC with "Hold, Earn, Invest"

BlockBeats News, July 21st, according to the official announcement, Merlin Chain has unveiled the brand new Merlin 2.0, proposing the development direction of "Reinvent Bitcoin: Hold, Earn, Invest," aiming to expand Bitcoin from a "store of value" to a "yield-bearing, deployable core asset." Merlin 2.0 focuses on three main areas: BTCFi expansion, chain abstraction technology, and AI applications (such as Merlin Wizard), further enhancing the liquidity and usability of BTC in a multi-chain ecosystem, while lowering the barrier to entry for BTC usage, allowing users to participate in various investment opportunities across chains without the need to exchange for other assets, conveniently achieving BTC holding, earning, and liquidity participation.

Earlier reports stated that since the mainnet launch in February 2024, Merlin Chain has driven the rise of BTCFi, fostering several representative projects including Solv, Bedrock, Avalon, Babylon, etc., with over $3.8 billion worth of BTC staked on-chain. Currently, the Merlin-related ecosystem has contributed approximately $2 billion in BTCFi TVL, accounting for over 20% of the total.