![]() 4% of the private sale tokens are released to provide MELD liquidity to the platform.Source: Cardians_ MELD Token Release Schedule MELD Token Release Schedule MELD Token Allocation MELD Token Sale MELD Private Sale MELD’s IDO on VENT Finance. ![]() The MELD Token has a total max supply of 4,000,000,000 tokens distributed as follows: Detailed information about MELD Token MELD Price Today It can be used to pay for transactions on the protocol or stake to earn 4% APY rewards. MELD is the utility and governance token of the MELD protocol. MELD CRYPTO ANDROIDThe application will be available on Chrome Extensions, iOS, and Android devices. MELDapp, like Metamask, is the main interface where users can interact with the MELD products. Users can pay for services and goods with the card, or use the card to store the borrowed fiat. MELD Debit Card functions like VISA/MasterCard. Borrowers deposit their crypto assets as collateral to those liquidity pools that will be connected to other external DeFi platforms to generate trading fees. MELD Vaults are single-sided MELD/token liquidity pools built on the MELD protocol. ![]() Especially, they can decide to receive the borrowed fiat to their account or to MELD Debit Card. They can take a fiat loan up to 50% of the collateral and pay the interest monthly. To borrow fiat currency, borrowers must deposit crypto assets such as ADA, BTC, ETH, or BNB to gain access to those loans. They will earn yields from the protocol which come from borrowers, trading fees, and protocol rewards. That supports various crypto assets as collateral such as BTC, ADA, ETH, and BNB.įiat lenders provide liquidity to the MELD protocol through MELDapp. MELD has a lending/borrowing service as the primary product on Cardano. The ISPO program of MELD started on July 1st, 2021 and it has been going through halfway to the finish. At the writing time, there are over 10 MELD staking pools available for ADA holders to stake, and the total ADA staked is over 500M. Those staking pools are created and owned by MELD. ![]() Stake ADA to earn 100% rewards as MELD instead of ADA.Stake ADA to earn 50% rewards as MELD and 50% rewards as ADA.The MELD team will use ADA rewards from the staking process to develop the project and the ADA stakers will receive MELD tokens instead of ADA rewards. This means users can stake their ADA in the staking pools of MELD via the Yoroi wallet or the Daedalus wallet to earn tokens. Source: Cardians_īy applying a new method named ISPO (Initial Stake Pool Offering) for fundraising, MELD gained lots of attention and support from the community. Users can deposit their crypto assets to borrow fiat currency while they have to pay the interest to lenders and the Meld platform. ![]() MELD is a lending protocol built on Cardano that facilitates users to decentralized financial services such as lending/borrowing and liquidity providing. Let’s explore the MELD project! What is MELD? Roadmap and details about the team, investors, and partners. MELD CRYPTO HOW TO
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