CONFIRMING THE CONTROL OF MERLINLAB SUPPLY
CONFIRMING THE CONTROL OF MERLINLAB SUPPLY
There is no set number of $MERL tokens that the monitoring group will provide to the community. This can be a source of stress and danger to consumers' resources during volatile market conditions. It is stamped on the BNB extension purchased on the platform. Subsequently, the team took some measures to monitor the stock of the tokens to ensure their value. Among which are:
=> Burning: Half of the consumer obligation is used to buy back $MERL tokens as a deflationary measure to balance their value.
=> Lottery: Half of the burnout stake is diverted to get $MERL chips and put into the lottery jackpot.
=> Improved Merlin Lab Strategy: The Merlin community has taken some steps in the system lab to protect it from attacks. Among which:
a. Implementation of the calculation of the $MERL price of LP
This is the combination of reasonable asset costs with reasonable asset savings to understand a reasonable value of an LP token that is protected from attack and cannot be verified.
b. Avoiding External Interaction of Smart Contracts
To control and mitigate flash loan attacks that can arise from smart contracts, Merlin has banned third-party smart contracts from interacting with their contracts.
c. Presentation of insurance policies
The Merlin community will provide a hedging strategy to protect its smart contracts from frustration with contractual agreements. They have a plan with Sotera to provide security services. The administration will continuously monitor smart contracts to ensure their security and improve their standard.
=> Lotto: Lotto Merlin is a lottery platform created by the Merlin team to improve the livelihood of people in its community. It goes like this:
a. The lottery ticket is bought with 0.2 REAL by every interested member.
b. A minimum of 50 tickets can be purchased at a time.
c. Each lot has a unique 4-digit number (ranging from 1 to 16). The numbers will be contrasting and accurately matched, and the numbers drawn from the lottery so that the cardholder can make it big.
d. Tickets with 2 or 3 numbers that match the numbers drawn have a chance to win a prize.
e. The winning lottery numbers are drawn once a day, i.e. once a day.
USEFUL LINKS FOR MORE INFO ABOUT MERLINLAB:
Telegram Announcement: https://t.me/merlinannouncements
Telegram Community: https://t.me/merlinlab
Telegram Bounty Rewards Group: https://t.me/merlinbounty
Twitter: https://twitter.com/Merlinlab
Reddit: https://reddit.com/r/MerlinLab
Medium: https://merlinlab.medium.com/
Website: https://www.merlinlab.com
Written by: @Oceanviews1979
BSC Wallet: 0xd33ede9b3E86bEBf45E6b371BcE689b72BaEEAb9