A Complete Guide to Claiming MERL Airdrop at HTX Liquid Restaking
- Official
1. How many tokens can I expect to receive from this airdrop based on my HTX Liquid Restaking points?
Airdrop Eligibility: Users participating in HTX Liquid Restaking from February 29, 2024, to April 14, 2024, at 16:00 (UTC) and receiving LRS-BTC points.
Example:
User A enabled BTC for Liquid Restaking and received 300, 200, and 100 LRS-BTC points respectively on February 29, April 14, and April 16 based on the BTC balances in their account. After three days, on April 18, User A received a total of 500 LRS-BTC points (300 points for February 29 and 200 points for April 14). The points for April 16 are not counted towards the MERL airdrop, but they can still be redeemed for other project airdrops.
User A will receive MERL tokens as follows:
Total Amount: 500 LRS-BTC * 50% / 3.5089 = 142.5 MERL
MERL Unlocked in April: 142.5 MERL* 50% = 71.25 MERL
MERL Unlocked in May: 142.5 MERL * 25% = 35.62 MERL
2. How will the airdrop be delivered to me?
The platform will calculate tokens to be airdropped based on your accumulated LRS-BTC points and directly distribute them to your spot account. As of press, the MERL airdrop for April has already been fully distributed, and you can check your rewards in your spot account. Subsequent airdrops will be distributed monthly. Additionally, to facilitate your future reward claims, LRS points will be upgraded to corresponding project points, and redemption will be supported on the event page. Please stay tuned for further announcements.
3. Where can I view the received tokens?
The platform airdropped tokens directly to users who have participated in Liquid Restaking and received points. You can check the rewards in your spot account.
View airdrop record: Assets > Asset History > Financial Records > Others
4. What are the rules for future MERL airdrops?
Users participating in HTX Liquid Restaking and earning LRS-BTC points between February 29 and April 14, 16:00 (UTC) can receive MERL tokens from the Merlin Chain project, based on 50% of their LRS-BTC points. The MERL airdrops will be unlocked on a monthly basis with a ratio of 50%, 25%, 12.5%, 6.25%, 3.125%, and 3.125%.
5. Can I participate in Liquid Restaking now?
HTX Liquid Restaking is still ongoing! Join now to grab your share of airdrops from popular projects, such as BounceBit, EigenLayer, and Puffer, and get ready for even more exciting additions in the future. An early participant can pocket higher rewards. Please stay tuned for more rewarding promotions through further announcements.
6. HTX Liquid Restaking v.s. On-chain Restaking
7. How to participate in Liquid Restaking?
Open your HTX app > Tap the More button on the homepage to enter the All Functions page > Earn > Liquid Restaking. You can add Liquid Restaking on your homepage by tapping Manage on the All Functions page. Additionally, you can also join the event on the app's homepage, the Earn page, or the Assets page.
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