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 M-BTC in 「L2 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 Layer 2 real 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.

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