According to BlockBeats, Particle Network announced on April 18th that MERL shares on Merlin Chain's People's Launchpad will be open for claiming from the next day at 12 PM Beijing time. Users who participate in the Launchpad and acquire MERL will need to claim their shares in six installments over a six-month period. The shares will be released in the order of 50%, 25%, 12.5%, 6.25%, 3.125%, and 3.125%.
This announcement by Particle Network indicates a structured approach to the distribution of MERL shares, ensuring a gradual release over a period of six months. This method of distribution allows for a balanced and fair allocation of shares to all participants in the Launchpad.
The Merlin Chain's People's Launchpad provides a platform for users to participate in and benefit from the growth of the Merlin Chain. The availability of MERL shares for claiming is a significant step in the growth and development of the Merlin Chain, providing opportunities for users to become part of this expanding network.