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BTC Stablecoin protocol bitSmiley partners with BTC Layer2 Merlin, adding it native assets to Merlin’s Seal Event

BTC Stablecoin protocol bitSmiley partners with BTC Layer2 Merlin, adding it native assets to Merlin’s Seal Event

CointimeCointime2024/02/21 06:47
By:Cointime

According to bitSmiley’s Twitter announcement, the BTC-native stablecoin protocol has formed strategic partnership with the BTC Layer 2 network Merlin.

With the mutual alliance, bitSmiley’s native asset bitDisc-Black has been integrated into the Merlin Seal Event, becoming one of the acknowledged BTC assets on the Merlin mainnet, joining BTC, Ordi, Sats, and others. Starting today, holders of bitDisc-Black have the choice to stake their NFTs on Merlin Chain,and partake in earning Merlin mainnet’s M Points rewards.

Later on the bitDisc-Black will convert into M-bitDisc-Black.

The bitSmiley team assures that users holding M-bitDisc-Black assets are entitled to the same privileges as bitDisc-Black holders and will also be eligible to participate in upcoming bitSmiley events.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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