Merlin Chain releases BRC-20 de-staking guide
Golden Finance reported that Merlin Chain released a guide to unstaking BRC-20 assets on the X platform: If you have not received M-Token (BRC-20) before, you can directly unstake BRC-20 back to the L1 network. After paying the handling fee, the BRC-20 token will arrive in your L1BTC wallet within 3 days. You can also choose to unstake BRC-20 back to your L2 wallet without paying the handling fee. The token will arrive at your L2 wallet address in about 24 hours and use the official bridge (now open) to transfer it back to the L1 network. If you have received M-Token before, you can exchange M-BRC20 for BRC20 at a ratio of 1:1 (for example, M-ORDI for ORDI), and then continue to trade or bridge back to the L1 network. You need to ensure that there is enough gas in your L2 wallet. Please note that Merlin's AA wallet is currently very congested. Please exchange during off-peak hours. OKX already supports the top-up of ORDI/SATS. After obtaining ORDI/SATS (not M-ORDI and M-SATS), you can deposit it into the exchange. When most BTC and BRC-20 are unstaked and the network is stable, NFT unstaking will be supported. The bridging function is still under testing.
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