MERCLEPrice

($MERCLE)

Mercle is an open identity network designed to create a decentralized Web3 identity and reputation data layer for dApps. It addresses the challenge of fragmented user identity and reputation across various decentralized applications by allowing dApps to issue verifiable attestations for both on-chain and off-chain user activities. This provides a unified, trustworthy identity framework for the Web3 ecosystem.

The MRCL token is the native utility token of the Mercle network. While specific utility details beyond staking weren't fully provided, it's mentioned that a significant portion, 70%, is allocated to community members. Staking MRCL tokens is a key function, enabling users to earn on-chain rewards, accumulate points, and activate a multiplier system for boosted rewards within the ecosystem.

Mercle is conducting an airdrop campaign as part of its pre-incentivized testnet, centered around MBADGEs. Users participate by completing specified actions to earn MBADGEs and XPs. Collecting more MBADGEs increases a user's chances of receiving higher-tier NFTs and a larger share of the airdrop. Eligibility is determined by a snapshot of on-chain activities and overall engagement with the Mercle Network ecosystem and the broader TON network.

A user's eligibility for the airdrop is primarily determined by a snapshot of their on-chain activities and engagement. This includes participation within the Mercle Network ecosystem and their broader activity on the TON network. To claim the airdrop, while the tokens themselves are free, users will need to pay a small network transaction fee, also known as gas, in TON. This covers the cost of processing the transaction on the blockchain.

Staking MERKLE tokens is crucial for participants to earn on-chain rewards and accumulate points within the Mercle ecosystem. A significant benefit is the activation of a multiplier system, which boosts reward shares, leading to potentially higher returns for stakers. "Lock duration" refers to the specific period users agree to keep their staked tokens locked. Longer lock durations often provide greater reward multipliers and enhanced voting power, incentivizing long-term commitment.

To interact with the Mercle network, particularly for any activities related to the TON blockchain, users require a compatible TON-specific wallet. Recommended examples of such wallets include Tonkeeper or MyTonWallet. These wallets ensure seamless interaction, transaction processing, and management of assets within the TON ecosystem, which is essential for engaging with Mercle's features and participating in events like the airdrop or staking.