Merge Update: April — August, 2021
Against the backdrop of a bullish resurgence of Bitcoin and other leading cryptocurrencies, the Merge team has been working diligently to bring you the most exciting update of the year so far. As we edit this article and try to add to it all that the team has accomplished, we must warn the familiar Merge token user, some of the functions talked about will have already materialized by the time we post this article.
To those new and unfamiliar users welcome and enjoy the ride.
Addition of Bridging Merge to BSC
The bridging of Merge to the Binance Smart Chain (BSC) network is undeniably our landmark milestone of the year! The Binance Chain, BSC enables the creation of smart contracts as well as introducing a whole new Farming mechanism using Liquidity Pool (LP) Tokens on the Binance’s blockchain. Merge has embraced this new functionality with its new bridging pool and successfully ran the Tesnet Farming to validate the connection to the new Smart Contract. Upon completion of the testing, the Mainnet Farming was deployed, locking a liquidity of 26 BNB to secure the Liquidity Pool for 1 year. In addition, the team created and funded the "Bridge Pool", locking 1.5 million Merge tokens from the team's funds, in order to mint the equal amount on BSC, effectively cancelling out any increase in circulating supply.
The importance of this leap into the future is especially true as we look at the ever-increasing need for Blockchains to adapt to overcome the short falls or gaps of Generation 1. Case in point, the crippling transaction fees and limited transaction speed of older Generation 1 Cryptocurrencies as seen on the Bitcoin and Litecoin chains. This of course does not discredit their undeniable dominance and stability as Generation 1 pioneers in the Crypto sphere as has Merge's Mainchain established itself through its solid tokenomics and use cases.
This bridge is ushering in a new era of Merge, expanding into new use cases with Generation 2 Crypto functionality while maintaining Generation 1 Mainchain's stability. This move really embraces the essence of the token, meaning the Merging of old school with the new school, bringing the benefits of new technology blending it with the core stability of the past. In this way, Merge will set itself apart from other tokens. Much like its initial launch onto the Crypto sphere, where Merge Swapped out old Dead project tokens for new Merge tokens.
Understanding these observations and as exciting as the new bridge is, it was apparent to the team that maintaining the Merge Mainchain (also called Mainnet) is critical to the success and the future of Merge. Allowing for low token distribution fees as well as the Proof of Stake mainstays of Masternode and Node Staking rewards.
Listing on PancakeSwap
Building on the works of bridging Merge to the BSC network, we are also delighted to announce that Merge is now listed on PancakeSwap and tradable via the Merge/BNB (BEP-20) pair. Besides trading, PancakeSwap provides the vehicle to create the LP tokens required for farming of the new Merge pairing on PancakeSwap.
Connectivity from the BSC pair to the Mainchain, will be the keystone for safely and efficiently converting Merge from Mainnet to BEP-20 compatible tokens and vice versa once all functionality has been verified and proven out. Holders may also track their BEP-20 converted Merge tokens via BEP-20 compatible wallets, such as MetaMask. In the meantime, new Merge pair holders can create their own LP tokens by adding to the liquidity pool on PancakeSwap, acquiring the necessary LP tokens required for the Farming process.
In order to enrich the experience of Merge user’s, the team has made some noteworthy tweaks and updates to Merge’s peripherals. Our Block Explorer has been refreshed and updated as it now shows the addresses connected to a specific project budget. As such the circulating supply of Merge has been updated on Nomics, as a result of the update. This will ultimately provide other third party Crypto Analytical Applications such as CoinMarketCap and CoinGecko the necessary information to more accurately portray the current state of Merge.
Listing on CoinMarketCap and CoinGecko
Since adding Merge BEP-20, the token has been added to CoinMarketCap and the data on CoinGecko has also been updated to include all exchanges and supply data. As expected, the addition of these new and updated listings has spurred a buying frenzy which resulted in the Liquidity pool doubling and the Farming Pool to be well farmed by the folks in and outside of the #Mergearmy. The Farming is producing a whooping 600 merge per day with a total APY of 130%. This has sparked a widespread buying frenzy of its own. As we continue to feed the data to the analytical sites, bringing it up to date with the evolution of the project, we expect to see significant grow in both the LP as well as the number of Farmers trying to take advantage of this industry leading APY.
Listing on LunarCrush
LunarCrush is a platform that provides a whole new outlook when it comes to providing insight for crypto users, funds, and exchanges. They provide an in-depth analysis based on certain derived metrics to extrapolate a rating-based system for each cryptocurrency, thus enabling investors and traders to make informed choices when trading.
In essence, having Merge listed on LunarCrush has most definitely provided us with the outreach and footprint needed to set Merge apart from other tokens currently in circulation. The marketing team has also capitalized on this listing by making full use of the platform prepared by LunarCrush.
Marketing & Harnessing the Power of RocketBot
Merge has amped up its social relevance by harnessing the Marketing power of RocketBot through adopting and utilizing Merge in real life scenarios. “Crypto Winners” is an ongoing interactive campaign initiated two months ago where small influencers were encouraged to use RocketBot as their main marketing tool through a pay to play approach.
As of now, we have a pool of around 20 influencers engaged to promote the Merge via the use of RocketBot on Twitter, Telegram, and Discord. Bilateral ties have also been established through this approach, with two other crypto tokens (FLS and SCC) being engaged to ultimately encourage the listing of their respective tokens on RocketBot. This further strengthens the relationship with these essential tokens, where FLS has a GUI based user app that has listed Merge, providing MasterNode capabilities, and SCC is the native token for Merge’s Mainnet listing exchange known as Stakecube, which also provides Merge Staking rewards for folks holding Merge on the exchange.
Into the Future but Not the End
Publicity and outreach are important, and the team is aware of this undeniable fact. Talks are underway to engage crypto influencers with large social media followings to actively promote the use of Merge and RocketBot. There are also ongoing engagements with the Kraken Crypto support program, as well as the developers of other tokens to list their respective tokens on RocketBot.
Exciting times are ahead. Please stay tuned for updates such as the Payment gateway, Version 3 RocketBot, and Interactive multi-wallet app.