Merlin Chain

Pre-Investment Audit Scope Badge

Merlin Chain Info

Discover Merlin Chain ($MERL) Tokenomics - a blockchain platform delivering seamless integration, scalability, and utility with a sustainable token model.

Ticker
$MERL
Listing Price
$1
Total Supply
2,100,000,000
Niche
  • Blockchain
TGE Date
2024-04-01
Tier 3
Tokenomics
Pre-Investment
Audit
Tokenomics
Audited
Investor
Information

Tokenomics Rating

Rank
#1460
Percentile
Top 80%
5
5
7
Economic Policies
61.24
Investment & Valuation
50.63
Utility & Value Flow
44.39
Market Makers
-
Distribution Fairness
39.53

Tokenomics Information

Allocation Distribution

Pool Name
Percentage
Vesting Information
Ecosystem40.00%48 Month Linear Vesting
Merlin's Seal20.00%50.0% at TGE , 6 Month Linear Vesting
Community16.57%48 Month Linear Vesting
Private Sale B13.90%12 Month Cliff, 36 Month Linear Vesting
Team4.20%24 Month Cliff, 24 Month Linear Vesting
Advisors3.00%6 Month Cliff, 30 Month Linear Vesting
Private Sale A1.33%6 Month Cliff, 18 Month Linear Vesting
Public Sale1.00%50.0% at TGE , 6 Month Linear Vesting
---
Showing 1-8 out of 8

Category Score
39.53out of 100
Percentile
Top 79%

Allocation Distribution Indicators

Highlights
1
Warnings
1
Alerts
1

Distribution Fairness

Distribution Fairness Benchmarks

Deviation from Best Performers

Deviation Status

Public Sale
-6.8%
Medium
Community
+1.1%
Low
Foundation
+16.6%
High
Insiders
-10.9%
High
Investors
-0.0%
Low

Deviation from Best Performers

This section analyzes whether the token distribution is balanced by comparing it to best-performing projects in the same niche. It highlights low, medium, or high deviation levels across stakeholder groups and evaluates how closely the overall allocation aligns with proven benchmarks.

Overall Deviation Status

Medium

Category Score
—out of 100
Percentile
—

Governance Indicators

Highlights
2
Warnings
1
Alerts
2

Token Power

Token Power

This section analyzes who holds actual control over the circulating supply year over year, with a focus on early stages where governance risk is highest. It assesses whether the governance power is centralized or decentralized, and flags any dominance by insiders or investors.

Token Control Status

Launch
Decentralized
Year 1
Decentralized
Year 2
Decentralized
Year 3
Semi-Centralized
Year 4
Centralized

Insider Dominance Test

Failed

Investor Dominance Test

Passed

Category Score
74.63out of 100
Percentile
Top 20%

Inflation Indicators

Highlights
1
Warnings
2
Alerts
1

Emission Type

Circulation

Inflation

Here we analyze whether inflation rates are sustainable, how balanced the vesting release schedule, how they compare with top-performing projects annually, and how this inflationary pressure might impact token value.

Year 1 Inflation

244.6%

Year 2 Inflation

57.6%

Year 3 Inflation

35.0%

Year 4 Inflation

24.4%

Inflation YoY

Category Score
50.63out of 100
Percentile
Top 50%

Supply Shock Indicators

Highlights
0
Warnings
1
Alerts
1

Emission Type

Circulation

Monthly Supply Shocks

Supply Shocks

Here we track the timing and size of every supply shock, we flag high, mid, and low risk supply shocks, we showcase the exact date of the largest dilution event, and enable unlocks and emissions visualization.

Supply Shocks Counter

0 Low Risk
1 Mid Risk
1 High Risk

Highest Supply Shock

61.2%
at Month 1

Detailed Information

Category Score
55.68out of 100
Percentile
Top 27%

Risk of Dilution Indicators

Highlights
1
Warnings
0
Alerts
1

Initial Float / Circulating Supply

This section assesses whether the TGE float is appropriately sized, what dilution it introduces, and how it compares to best performing projects. The float is also known as circulating supply and just because tokens are unlocked does not mean they enter circulation.

Initial Float

10.50%

Best Performer Float

12.34%

Team Float Control

95.2%
Low Control
Mid Control
High Control
At launch, the team controls 95.2% of the circulating supply, reducing the real initial float to 0.50%.

Circulating Token Supply (YoY)

Vesting Release Schedule

Category Score
50.63out of 100
Percentile
Top 83%

Valuation Indicators

Highlights
0
Warnings
0
Alerts
1

Valuation Comparison

This section compares the tokens valuation and performance to other projects within the same niche. It includes ROI benchmarks from the past year, the last 15 launches, and the top 5 competitors.

Niche ROI (Past Year Blockchain)

+42.04%

Niche ROI (Last 15 Blockchain)

+80.45%

Project FDV Status

Overvalued
Under
Fairly Valued
Over
Merlin Chain is listing at 143.9% higher FDV compared to benchmark listing and current valuation averages.

Valuation Comparison

Category Score
74.32out of 100
Percentile
—

Token Utility Indicators

Highlights
2
Warnings
1
Alerts
3

Token Utility

This vertical evaluates whether the token has a reason to exist within the broader ecosystem, and more importantly, why the user would choose to hold it over time. In simple terms, we evaluate what value the token creates and what specific problems does it solve.

Utility Score

74.32
Healthy

Value Flow

Weak
Utility Type
Status
Description
Governance
MERL token holders can participate in the governance process.
Gas Fee
MERL can be used to pay for transaction fees on prospective Layer3 networks on top of Merlin Chain.
Staking (Consensus)
MERL can be staked to enhance the security of Merlin Chain.
Access / Feature Unlock
Token is not required to access features, or tiers in a protocol.
Medium of Payment
MERL is not described as being used for trading goods/services within the ecosystem.
Showing 1-5 out of 5

Category Score
29.43out of 100
Percentile
—

Value Capture Indicators

Highlights
2
Warnings
1
Alerts
3
Value Accrual
Status
Description
Staking Rewards
Users who stake or delegate $MERL receive validator/block rewards as the chain transitions to PoS.
Buyback and Burn
No program exists to repurchase and burn $MERL tokens.
Buyback and LP
No program to buyback-and-LP strategies for $MERL.
Fee Redistribution
Fees are earned by validators through staking but not redistributed to general token holders.
ve-Token Models
Governance is 1-token-1-vote; no vote-escrow or boosted voting power via locking.
Showing 1-5 out of 6

Value Capture and Accrual

This vertical evaluates how the protocol captures and retains value, and whether that retained value accrues back to the token. Most systems leak, where tokens flow in, users engage, but all the value flows out. And here we assess whether that value flows back into the token or not.

Value Accrual

Weak

Value Capture

Weak

About Merlin Chain

Merlin Chain ($MERL) introduces a revolutionary blockchain ecosystem designed to integrate seamlessly with enterprises while offering scalability, efficiency, and robust tokenomics. The MERL token is the cornerstone of Merlin Chain's functionality, providing utility across various decentralized services and powering its versatile ecosystem. Designed for optimal scalability, Merlin Chain leverages next-gen technology to offer enterprises and developers a platform that bridges traditional systems with blockchain innovation. The native MERL token serves multiple roles within the ecosystem. Firstly, it is used for staking, allowing participants to secure the network while earning rewards. Secondly, $MERL facilitates transaction fees and grants holders access to premium functionalities on the platform, fostering engagement and user interaction. Additionally, it supports governance by enabling token holders to vote on protocol updates and ecosystem developments, democratizing decision-making. Economically, the tokenomics system ensures long-term sustainability with a fixed supply model to maintain value. Through strategically timed token distributions, $MERL aligns incentives for early adopters, developers, and enterprise collaborators. A portion of the token supply is allocated towards ecosystem growth, rewarding contributors who innovate and foster adoption. Merlin Chain emphasizes interoperability, offering tools that easily integrate blockchain services into existing enterprise systems. With a focus on energy-efficient consensus protocols, the platform is designed for low-latency transactions, making it suitable for industries requiring high performance and reliability. As part of its market positioning, Merlin Chain is targeting enterprises seeking blockchain solutions that eliminate inefficiencies, reduce costs, and increase security. By combining a robust token model with advanced blockchain capabilities, Merlin Chain positions itself as a leading solution for scalable and enterprise-ready decentralized applications. With $MERL tokenomics at its core, the platform ensures users and stakeholders benefit from a sustainable, innovative, and growth-driven ecosystem. Explore more about Merlin Chain and $MERL's tokenomics at their official website or Medium page.