The release of Merlin 2.0 marks the transition of BTC from being just digital gold to becoming a yield-generating, applicable financial system. Looking back at past cycles, Ethereum led the DeFi movement, and Solana carried the wave of memes. But what about BTC? As a trillion-dollar crypto anchor, its mainstream label has always been store of value for the past decade, until the emergence of Merlin began to shift this paradigm. The ultimate fate of BTC is not HODL, but liquidity. We are now at an important critical point: the global BTC market cap is $1.3 trillion, with over 70% of BTC remaining untouched for a long time. BTC holders genuinely have a dual demand for "yield + investment." Merlin is activating the dormant value of BTC with a complete 2.0 framework. It is not just a BTC staking platform but has built a complete closed-loop ecosystem of Hold → Earn → Invest: 1️⃣ BTC Yield Market Native BTC staking, with returns coming from real on-chain transactions (not from minting new coins), with current APR reaching 7.99%. Users can earn continuous returns without selling or swapping coins. 2️⃣ Chain Abstract Trading Capability Merlin enables one-time staking and cross-chain deployment, allowing BTC to participate in farming, IDOs, and other opportunities across multiple chains, then flowing back to the original chain, achieving asset-based and secure isolation. 3️⃣ Wizard AI Assistant A GPT-like operational experience, executing strategies with a single sentence, lowering the entry barrier for BTCfi. Newcomers can easily participate in BTC earnings and cross-chain interactions. Merlin is not just building castles in the air; it has been continuously developing during the bear market. Let me share my valuation logic for $MERL. Currently, the market cap of $MERL is around $100 million, with an FDV of about $260 million, and the previous TVL peak reached $3.8 billion. Now that the BTC narrative is returning, funds are also starting to flow back into BTCfi, and Merlin is one of the earliest projects to allow BTC holders to earn money. The valuation is highly elastic. With the total market cap of BTC expected to break $2 trillion and trend towards $10 trillion, the BTC yield market is likely to become the next $2–3 trillion super track. As BTC becomes a globally recognized asset, more institutions and individuals will include BTC in their reserves. How will they do this? Not just by holding, but by hoping to earn yields on BTC, participate in new projects, and engage in low-risk DeFi. Merlin is one of the earliest projects to recognize this trend and complete the underlying infrastructure. HOLD. EARN. INVEST. This is Merlin. Go stake Bitcoin: