M-token is your validation for the assets you have staked before. For example, if you staked BTC, you will receive M-BTC; if you staked USDT, you will receive M-USDT. After the Merlin's Seal event ends (expected to be the end of April), you can exchange M-Token for the original assets at a 1:1 ratio. If you sell or lose your M-token, you will not be able to get back your staked assets, but your Merlin's Seal points will not change.
1. It is recommended that you use the Revoke tool to check whether you have signed a contract with security risks.
2. If you want to sell your M-Token, please choose the DEX and confirm the price yourself. If you trade or lose your M-token, you will not be able to get back the staked assets.
3. If a dApp wants to use your M-token, please confirm again. Once you use your M-token, you will not be able to get back the staked assets.
4. Due to the leakage of smart contract authorization or private key, your M-token is lost and cannot be recovered, so please consider it carefully.
5. The mint of M-BTC will begin 24 hours after the application.