Announcement Regarding Rewards Redemption and Distribution of Merlin Seal Deposit Campaign

Dear Coincall Users,

The Merlin campaign has now concluded. In accordance with the latest announcements and progresses from the Merlin project, we will provide instructions regarding rewards redemption and distribution for the deposit campaign.

For the unstaking assets issue, since our assets were staked via TRON wallet, we are still awaiting further updates from the Merlin team. Please stay tuned for more information!

Rewards Redemption Rules

The exchange rate between Merlin Points and $MERL is 0.01468326.

Therefore, if your Merlin Points total 400, you will receive around 5.87 (400*0.01468326=5.873304) $MERL tokens in total.

Rewards Distribution Procedures

Following the official rules outlined in the Merlin Seal event, the token rewards that you obtained from the Merlin Seal Deposit Campaign will be distributed monthly.

According to Merlin’s webpage, the rewards distribution will be conducted according to the following ratios: 50%/25%/12.5%/6.25%/3.125%/3.125%.

This means your rewards will be released proportionally each month starting from mid to late April and continuing until mid to late September.

*This is a screenshot of the official Merlin webpage. You can also visit https://airdrop.merlinchain.io/ for more information.

As the deposit and withdrawal functions of Merlin ($MERL) are enabled on Coincall, we'll initiate monthly distributions of $MERL tokens to participants’ coincall accounts from the net deposit campaign, following the aforementioned ratios and timeline.

The first batch of $MERL rewards(50% of the total rewards) has already distributed to your Coincall accounts. Please feel free to reach your Coincall accounts to check the balance.

Thank you for your continued support and participation in our campaign.

If you have any questions or require further clarification, please do not hesitate to reach out to us.

Best Regards,

The Coincall Team