# THE·BITMAP·TOKEN

THE·BITMAP·TOKEN (RUNES) is a fungible token designed to enhance the liquidity of its underlying asset, **Bitmap NFT**. Etched on the Bitcoin mainnet at block 842069, THE·BITMAP·TOKEN was created for a single purpose—making Bitmap NFTs more liquid. Right now, THE·BITMAP·TOKEN can only be obtained by converting Bitmap NFTs via Merlin Phantom or purchasing them from others who have already converted theirs.**Key Features:**

* **Fungibility**: Unlike the non-fungible Bitmap NFT, THE·BITMAP·TOKEN is fungible, making it more liquid and tradable, including fractional trading, which is not possible with Bitmap NFTs.
* **Bidirectional Exchange**: Merlin Phantom supports bidirectional exchanges, allowing users to convert their Bitmaps into Runes and vice versa at any time.
* **Exchange Rate**: The fixed exchange rate is ***1 Bitmap = 10,000 THE·BITMAP·TOKEN.***
* **Security**: The token’s contract has been audited by Scalebit, ensuring the security of users' assets.

**More Details of THE•BITMAP•TOKEN:**

* On Bitcoin Mainnet (L1): <https://ordinals.com/rune/THEBITMAPTOKEN>
* On Merlin Chain (L2): <https://scan.merlinchain.io/token/0x7b0400231Cddf8a7ACa78D8c0483890cd0c6fFD6>


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