This guide provides step-by-step instructions on how to stake and unstake MERL during the PoS Prestage Campaign, including details on staking periods, rewards, and the unstaking process.
Period 1: Feb 10, 14:00 GMT - Feb 17, 13:59 GMT
10M $MERL Cap Vault, 100% APR
Exclusive to the earliest stakers – First come, first served for the highest APR rewards.
🔚 Period 1 Cap was filled in just 26 minutes!
Period 2: Feb 17, 14:00 GMT - Feb 24, 13:59 GMT
20M $MERL Cap Vault, 50% APR
PoS adoption expands – More stakers, still high rewards!
Period 3: Feb 24, 14:00 GMT onwards
Unlimited Cap, 15% APR long-term
Last chance before PoS Mainnet activation.
Navigate to the PoS Prestage Page for MERL Staking.
Connect your wallet.
Enter the amount of MERL you want to stake and click "Stake".
For EVM wallet users, ensure you have enough BTC in your wallet to cover the gas fees.
For BTC wallet login, ensure your MERL tokens have been bridged to your Layer 2 address.
Review the pop-up information in your wallet to confirm the staking amount is correct. Once confirmed, sign and submit the transaction.
Once your transaction is successfully signed and staked, click the "View History" button to check your staking record.
Navigate to the PoS Prestage Page for MERL Staking and click the "Unstake" tab.
Enter the amount you wish to unstake.
Review the unstaking amount and earnings, then click "Confirm" to start the unstaking review process.
After a 7-day review period, return to this page and click "Claim" to retrieve your funds.
Your earnings will be automatically delivered to your address along with the unstaked MERL.
Please note, only one request can be processed at a time.
Note: If the user does not initiate an unstake request, the MERL will remain staked, and the APR will be calculated according to the respective staking period.