Merlin Protocol: The Right Choice for Yield Farmers

As bitcoin and other cryptocurrencies keep growing, there are also more opportunities emerging in the crypto world. Investors need a platform for higher rewards, low risk and where their assets are highly secured. Finding a platform of such features may prove difficult. Most platforms are created for trading digital currencies or swapping them, only a few are created to increase users income. Merlin protocol was developed to fill that need. The platform was designed and developed to provide users with a higher yield while farming liquidity.

WHAT IS MERLIN PROTOCOL?
Merlin protocol is the newest Defi liquidity pool platform that is an auto-compounding yield aggregator that enables investors to earn extra rewards by reinvesting their rewards and principal together. In addition to offering auto-compounding, the Merlin protocol has a unique feature called CAKE maximize, which will help provide the user with a higher APY yield. Our protocol design provides incentives for users who staked their MERL in our vaults.

WHY IS MERLIN PROTOCOL THE RIGHT CHOICE?
Merlin protocol, a legal entity!
Great power brings great responsibility. Many can recite this phrase, yet only a few can walk the talk. Many Defi projects in the market lack legal structure which makes investors panic as we’ve seen some project founders ran away with investors funds before launching the project. Merlin Lab provides legitimacy with a credible team that’s regulated by laws.

Your share of the loot… multiplied!
When you provide liquidity into the vault, you earn rewards in MERL, your MERL will continue to earn rewards from the vaults, even if you decide not to add liquidity to the vault again. If you have contributed to the liquidity pool and stay there before 25th May 2021, you earn Recovery Pool (cMERL) automatically. Users will receive cMERL equal to the amount of MERL they hold in either their wallet or in the pool.

Pledge your support and get rewarded
Who among you don’t like free tokens? Airdrops worth up to 200,000 USDT is ongoing for all lovers of Merlin protocol that have to take little time out of their tight schedule to contribute toward the development of this platform in their capacity. Anybody can participate in the bounty without restriction. The bounty lasts until the budget has been exhausted. Stay with us and continue to promote MERL.

User-friendly interface
At the designed level, Merlin protocol has a user-friendly interface that is simple to use. We share similar interfaces with some DEX platform, meaning if you have been using other DEXs platforms, it should be easy for you to use the Merlin protocol. Our interface is beautifully designed, fast, secure, and I bet you will have a better experience.

MERLIN TOKEN (MERL)
The token was built on BEP-20 standard, MERL was designed as rewards for a High Yield Staking LP, and MERL is issued as rewards for liquidity mining. The MERL then enables its holders to participate in the Merlin Lab ecosystem and earn other benefits. MERL holders can use this token to access any products or services offer by Merlin Lab.

CONCLUSION
Amazingly, when Merlin protocol was finally released, the first day of its staking (TLV) surpassed the expectation of the Merlin Lab. However, BTCB-BNB LP liquidity pool has been amazing from the starting. Right now, Merlin Lab must work very hard to keep the platform secure and profitable enough for users.

Useful links to the project
Website: https://www.merlinlab.com
Telegram Announcement: https://t.me/merlinannouncementsTelegram
Telegram Community: https://t.me/merlinlab
Twitter: https://twitter.com/MerlinLab_
Reddit: https://reddit.com/r/MerlinLab
Medium: https://merlinlab.medium.com/

AUTHOR
Bitcointalk Username: Alaho15
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=2513944
BSC Wallet Address: 0x0e55B03D7c3c5427E7b10F6b0B420bb16842b4c5