BTC

Unstaking Portal: Merlin Unstaking Page

Guides on Medium: https://medium.com/@merlinchaincrypto/a-step-by-step-guide-to-unstake-your-btc-on-merlin-chain-05fc443b1184

Users that have not claimed M-BTC

Retrieve BTC to Layer1:

• Step 1: Click 「Claim to Layer1」.

• Step 2: Confirm the transaction and pay the on-chain gas fee.

• Step 3: Wait for a processing period of 72 hours.

• Step 4: Once processed, the BTC will be redeemed to your Layer1 address.

Retrieve BTC to Layer2:

• Step 1: Choose BTC in 「L1 Assets」section, and click 「Claim」

• Step 2: Confirm the transaction and sign (No gas fee involved here)

• Step 3: Wait for a processing period for 24 hours.

• Step 4: Once processed, you will receive M-BTC in your Layer2 address, and could be bridge back to Layer1 for any moment

Users Have Claimed M-BTC

If you have previously claimed M-BTC and now want to swap it for Merlin_BTC, follow the instructions in the diagram below.

Note:

• Ensure your wallet has sufficient BTC gas for the operation

• The transaction information will be displayed in the AA wallet.

• This action occurs in real-time.

• After completing the swap, you can proceed with trading or retrieve via Merlin’s Official Bridge.