During the campaign period, deposit BTC, ETH, or USDT on Coincall to join the campaign and share the early prize pool of Merlin Chain Token. The more staking, the more M-points you'll earn, allowing you to redeem more $MERL!
Campaign Period: From Now until the end of Merlin’s Seal
*The Merlin's Seal is expected to conclude around the end of March/beginning of April.
How to Participate?
- Participants need to sign up via the campaign page.
- During the campaign period, depositing BTC, ETH, or USDT will qualify for corresponding rewards.
- During the campaign period, the withdrawal function for participants will be limited for staking.
- Daily snapshots of your deposits will be taken, and deposit amounts will be calculated based on the average net deposit token price, with corresponding points awarded.
- Each deposit amount will be converted into a Bitcoin-denominated value based on the daily average price. Users will receive (the deposit amount * 10,000) M-points the next day, rounded down to the nearest whole number.
For example, if a user deposits 0.5 ETH on a certain day during the event period, and the snapshot price of ETH is $3,500 and Bitcoin's snapshot price is $64,000, the total value of the user's deposit assets would be (0.5 * 3500) / 64,000 = 0.027 BTC. The user would receive 0.027 * 10,000 = 270 M points on the next day.
More deposit, more M-points you will receive! Upon reaching a certain amount of net deposit, users will receive additional M-points bonus.
| Deposit | M-Points Received |
|---|---|
| < 1 BTC | Deposit amount daily snapshot price/BTC daily snapshot price* 10,000 |
| 1 BTC ≤ Deposit Amount < 5 BTC | Deposit amount daily snapshot price/BTC daily snapshot price* 10,000*1.1% |
| 5 BTC ≤ Deposit Amount < 10 BTC | Deposit amount daily snapshot price/BTC daily snapshot price* 10,000*1.2% |
| 10 BTC ≤ Deposit Amount < 50 BTC | Deposit amount daily snapshot price/BTC daily snapshot price* 10,000*1.4% |
| 50 BTC ≤ Deposit Amount < 100 BTC | Deposit amount daily snapshot price/BTC daily snapshot price* 10,000*1.8% |
| ≥ 100 BTC | Deposit amount daily snapshot price/BTC daily snapshot price* 10,000*2.2% |
Campaign Rules:
- Registration is required for the event; both new and existing users can participate; market makers are not eligible for this activity.
- Withdrawals are not allowed during the campaign period. By clicking on registration, you agree to have your withdrawal functionality restricted on Coincall during the campaign period.
- This activity is only open to users who deposit BTC, ETH, and USDT; other tokens are not included and will be converted to BTC based on the spot index price.
- Rewards will be distributed uniformly after the end of Merlin’s Seal and a separate announcement will be made about how to claim rewards.
- If you have participated in other deposit campaigns on the platform, you cannot receive rewards again; you can only receive the highest reward among them.
- Coincall reserves the right to interpret this activity, including but not limited to modifying, changing, or canceling the activity without prior notice. If you have any questions, please contact us.
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