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The project currently has established partnerships with Vent, Polygon and World Mobile. Project team, investors & partners Project team Investors
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MELD CRYPTO UPDATE
Some information is missing, Techtipsnreview will continue to follow & update fully later. See more: What is Mirror Protocol (MIR)? Complete set of cryptocurrency MIR Information MELD Token Key Metrics MELDĪt the moment I am writing the article, the project is in the process of selling tokens. Research carefully before making any decisions. You should pay attention to follow the information from the project team. The project is not officially active, nor has any features released yet. However, at present, all the above information about the project is just ideas on the whitepaper. If you borrow property, you need to mortgage crypto assets such as ADA, BTC, ETH,… to MELD’s Smart contract with a rate of 50% return, which means you deposit $100 worth of ADA, can only receive $50 Fiat.Ī special feature of MELD that few projects have at present is accept unsecured loanthat is, without depositing assets, you can still borrow against the limit of MELD Credit.If lending assets, the profit will come from the borrower’s interest rate, APY in the Pool,….
MELD CRYPTO INSTALL
You install MELDApp and then create a MELD wallet or connect to crypto assets: MELD provides crypto assets to various blockchain networks in the Cardano ecosystem, to attract cash flow and use for lending & borrowing. The line of credit is backed by crypto assets (Crypto-Backed line of Credit).The loan is backed by crypto assets (Crypto-Backed loan).MELD website interface: Highlights of MELDĬurrently, MELD is building an infrastructure DeFi core with several product launches over the next 18 months, including: During the ISPO process, MELD Labs will get 100% or 50% of the stake reward depending on the pools. You can join ISPO by depositing ADA in your Yoroi or Daedalus wallet to one of the MELDs pools. MELD Initial Stake Pool Offering (ISPO) is a new form of fundraising created by MELD for the benefit of the community and safety for the participants. Users can collateralize crypto assets into MELD to borrow fiat, and lenders deposit funds into MELD to receive interest.
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It provides a fast, secure and transparent solution that allows anyone to lend and borrow crypto and fiat money. MELD is a decentralized lending protocol built on the Cardano blockchain.