BlockBeats News, October 17th, Bitcoin Layer2 network Merlin Chain officially tweeted that its BTCFi ecosystem has been continuously generating stable and sustainable revenue across multiple chains, with revenue sources including staking, liquidity, and yield protocols. According to the official plan, over 50% of the revenue will be used for ongoing buybacks of the MERL token, and the related buyback mechanism is already in place and will be carried out in the long term.
The official emphasized that Merlin Chain’s construction of the BTCFi is not only about ecosystem expansion but also about giving back tangible value from ecosystem growth to the community.
