
NFTFi, which is short for NFT plus Finance, is an important development of the next phase of NFT market. NFTFi makes NFTs a more liquid asset by integrating DeFi protocols, and also opens up more possibilities for the derivative of NFTs.

Merlin Protocol implements a lease liquidity pool protocol based on Automated Market Maker, which automatically matches lease orders without middlemen, which solves the problem of insufficient capital utilization in the NFT market and the need of leverage high-quality NFTs. Furthermore, we choose BTC hash power as the first application, which is a kind of common valuable digital asset. Integrating with NFTs also meets the needs of miners, so that the hash power can be better circulated, and improve the capital utilization in the mining operation.








130 PH/s available
mining capacity





Hash Power Standardization
Each NFT represents n/T hash rate over a preset expiration. Investors enjoy mining rewards generated from the designated hash power without the trouble of running a full-scale mining operation.
Binding Protocol
The Merlin Binding Protocol decentralizes cryptocurrency mining hashpower then enables it to be bound to any NFT on any project wallet. This allows for integration with other NFT projects.
Decentralized Lease Protocol
Allows for Renters NFT assets, a protocol to obtain rental income. Tenants rent NFT from the protocol to participate in DeFi staking, GameFi mining, among other ways to obtain income. The protocol takes the lease commission model to generate dynamic lease rent in real time according to supply-demand dynamics of the market, which is more liquid than the order leasing system.
Multichain Support
Merlin Protocol was designed to support multichain. The DApp applications will first be deployed on the Ethereum Network with additional support for BSC, Avalanche, Solana and Matic. Multichain support improves the liquidity of the hashpower NFTs.



Seed-round raised
Compliance framework of Bitcoin mining income custody
Product features completed
The Bitcoin Rewards Oracle
The Hash Power Standardization Protocol
The Decentralized commission mechanism
NFT-721 and NFT-4907 integration service

Launching Merlin Protocol Lease Pool
Smart contract mechanism based leasing service

Lease liquidity mining commencing
Managed the issuance, settlement and risk control of Hash NFT through DAO












