Merlin Chain released the BRC-20 asset unstaking guide on the X platform:
If you have not received M-Token (BRC-20) before, you can directly unpledge BRC-20 back to the L1 network. After paying the handling fee, the BRC-20 token will arrive in your L1BTC wallet within 3 days. You can also choose to unpledge BRC-20 back to your L2 wallet without paying the handling fee. The token will arrive at your L2 wallet address in about 24 hours and transfer it back to the L1 network using the official bridge (now open).
If you have received M-Token before, you can exchange M-BRC20 to BRC20 at a ratio of 1:1 (for example, M-ORDI to ORDI), and then continue to trade or bridge back to the L1 network. You need to ensure that there are enough gas fees in the L2 wallet. Please note that Merlin's AA wallet is currently very congested. Please redeem during off-peak hours. OKX already supports ORDI/SATS recharge, and you can deposit it on the exchange after receiving ORDI/SATS (instead of M-ORDI and M-SATS).
After most BTC and BRC-20 have been de-staked and the network is stable, NFT de-staking will begin to be supported, and the bridging function is still being tested.
Merlin Chain Releases BRC-20 Unstaking Guidelines
2024-04-26 10:54:55
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