KuCoin AMA With Voya (VOYA) — Voyaging Through Innovation: The First BRC-20 Token on the Merlin Chain

Dear KuCoin Users,

Time: March 07, 2024, 07:00 AM - 07:50 AM (UTC)

KuCoin hosted an AMA (Ask-Me-Anything) session with the Core Contributor of Voya, Nash, in the KuCoin Exchange Group.

Official Website: https://merlinswap.org/home

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Q: What is VOYA?

Nash: $VOYA is the pioneering BRC-20 token on the Merlin Chain, launched with fairness at its core. It is a 100% airdrop to the community and governed by community decisions. It aims to become the version of SHIB or PEPE within the Bitcoin Layer 2 (L2) space, drawing parallels with their explosive popularity and price trends.

Q: What does VOYA stand for?

Nash: VOYA represents the Grand Voyage on the Merlin Chain. It signifies the rapid growth and heightened attention the Bitcoin ecosystem has garnered at the start of this year, thanks to the introduction of BRC-20 assets. To acknowledge and celebrate this growth, we introduced the very first BRC-20 token to the Merlin Chain, positioning it as the premier Bitcoin L2 solution.

Q: How has VOYA performed since its fair launch?

Nash: Since its fair launch, VOYA has demonstrated impressive market performance, amassing a trading volume of over $6.5 million within the first 24 hours and reaching $37 million over the span of a week. Additionally, the VOYA/WBTC Liquidity Pool (LP) has seen an Annual Percentage Rate (APR) of 137%, with VOYA achieving a wallet holder count exceeding 345,000.

Q: Who issued VOYA?

Nash: VOYA was issued by MerlinSwap, the largest on-chain marketplace on btc layer2 Merlin Chain.

Q: Can you tell me more about MerlinSwap?

Nash: MerlinSwap is the first decentralized exchange on the Merlin Chain, featuring an innovative discrete liquidity Automated Market Maker (DLAMM) model. This model is designed to provide users with a trading experience that closely resembles that of centralized exchanges, boasting up to 3000 times the capital efficiency compared to traditional AMM models. MerlinSwap aims to become the Uniswap equivalent within the Bitcoin ecosystem.

If anyone is interested, you may check here.

Q: What's the next step for MerlinSwap?

Nash: As the Bitcoin ecosystem continues to flourish, particularly within the realm of Bitcoin Layer 2 solutions, I believe we are on the cusp of a DeFi summer for Bitcoin. MerlinSwap is poised to become the largest on-chain marketplace for the entire Bitcoin Layer 2 ecosystem. We aim to achieve this by offering the optimal liquidity solutions and providing a user experience on par with centralized exchanges (CEX), thereby interconnecting the various components of the Bitcoin Layer 2 landscape.

Q: How does MerlinSwap plan to attract and retain users and investors in a highly competitive and rapidly evolving market?

Nash: Action (is) better than saying (words). The fact is MerlinSwap has already (been) leading all the way in BTC Layer2 ecosystem De-Fi. Our DEX is solid and reliable. Our metrics are astonishing.

Q: What support and resources does your project provide to its user community?

Nash: For now, all the dApps on Merlin Chain need MerlinSwap's support for the liquidity. By doing that MerlinSwap will be the hub of the ecosystem. With 11420 BTC assets on Merlin Chain, Merlinswap will top the whole BTC Layer2 ecosystem. A new "Uniswap.”

Q: Could you provide more details about the tokenomics of VOYA, such as its total supply, distribution mechanism, and any mechanisms in place to incentivize holders?

Nash: VOYA is 100% circulated with 10M in total. Fully community driven. There are no ceilings for VOYA

Q: Can you share the advantages of retaining your token as a long-term investment? Please elaborate on the incentives and benefits for investors who choose to hold your token for an extended period of time.

Nash: Think about Shib and Pepe. VOYA has more than 340k holders now and I don't think we can name another one at the current moment. Nothing will stop it.

Q: What is your strongest advantage that you think will make your team leading the market?

Nash: Years of top Defi protocol experience and the solid partner of the Merlin team.

🎁 Participate in the Voyaa AMA quiz now for a chance to win $10 in VOYA!

The form will remain open for five days from publishing this AMA recap.

KuCoin and Voya have prepared a total of $2,000 in VOYA to give away to AMA participants.

1. Pre-AMA activity: $800 in VOYA

2. Free-ask section: $50 in VOYA

3. Flash mini-game: $400 in VOYA

4. Post-AMA quiz: $750 in VOYA

Sign up for a KuCoin account if you haven’t done so yet, and ensure you complete your KYC verification to be eligible for the rewards.

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