Following on from what has already been a year of major milestones, and besides the latest updates and new features released on RocketBotPro, we are now achieving a new goal with the creation of a Bridge Pool for Ethereum, allowing another revenue stream for holders in the form of farming and liquidity pools.
We will issue the MERGE ERC20 tokens on ETH/Polygon. Due to ETH gas, the Polygon network was selected for farming and initial Liquidity Pool (LP) to take place. Our ERC20 tokens native to MATIC POC bridge, giving them portability to the Ethereum parent chain.
To get the new MERGE ERC20 tokens, we ask participants to buy their tokens on the Mainnet either on StakeCube, MergeDEX or directly through RocketBotPro with its new PowerUp feature, and send them to the Ethereum Bridge Pool. Find all the details below.
Get MERGE ERC20 tokens
We will provide you with a website where you will be able to register your Mainnet MERGE address on our Ethereum Bridge Pool. This process will be done using MetaMask in order to link and whitelist the corresponding Polygon address from your MetaMask wallet with the given Mainnet MERGE address. At the end of this step, you will be given a unique Mainnet MERGE address for the ETH Bridge Pool (see Step 2).
In this stage, you will need to send the Mainnet MERGE you will want to use to create farming tokens to the unique Mainnet MERGE you were given at the end of Step 1. You have until December 31, 2021, to complete this stage. Any Mainnet MERGE sent after that date will be sent after after initial distribution.
We will take a snapshot of how much Mainnet MERGE is available in the ETH Bridge Pool on December 31, 2021. Then, the average price from 15th to 31st December 2021 for the pair MERGE/BTC on Stakecube.net will be used to calculate the ratio of ERC20 MERGE to ETH needed to create the LP tokens.
On January 15, 2022, all snapshot participants will be able to withdraw their MERGE tokens on Polygon’s network, but this time they will be ERC20 MERGE tokens. The Mainnet and ERC20 ratio will be 1:1.
These ERC20 MERGE will be able to be used to provide liquidity to the LP and/or farm in a similar way to how it is done with the MERGE BSC tokens.
We will publish a list of all the ERC20 MERGE that will be distributed on 15th January 2022.
With this new achievement, we keep adapting to the new times and keep offering our community different ways to benefit and make use of our MERGE token. Even more, apps like RocketBotPro will also benefit from this new addition into our ecosystem, making ERC20 MERGE available on its interactive multi-wallet app and allowing the running of airdrops, tips and giveaways.
That will be all from the Merge team. Stay safe and take care!