🚀 😲 Since the ISPO launch, we have attained
- MELD1 (100% MELD) — 63.59M ₳ (FULL)
- MELD2 (50% MELD 50% ADA) — 5.79M ₳
- MELD3 (100% MELD) — 25.48M ₳
It’s only been a quick couple of weeks since MELD went public and the support has been MASSIVE! There have been loads of great questions and discussions on Telegram and Discord around the MELD protocol since the start of the ISPO and we’d like to thank you all for all your inquiries. The questions help us to tie up any loose ends and bring awareness to community desires. We have listened, answered, and even made adjustments to our Stake Pool offerings as requested by community members. We now offer MELD2 (50%MELD 50% ADA) for those who want to earn MELD & ADA rewards!
Keep the questions and discussions coming!
▶️ Community YouTube Videos
Digital Asset News
ADA 180
August University
Learn Cardano
We have more interviews coming in the next few weeks and we will be looking to start our own YouTube series that will cover a variety of topics including weekly updates on the MELD protocol, stats of the ISPO, and a chat with one of the core team members to gain an internal perspective about the state of MELD.
More info coming soon…
👨⚖️ ISPO Legal Opinion
We received a legal opinion from a Singaporean Legal Council prior to the commencement of the MELD ISPO. Here is the conclusion of the 12-page report:
10.5. Extrapolating from the above, we are of the opinion that the conducting of the ISPO and/or the Company’s operation of the ADA Stake Pool will not fall within the definition of a “digital payment token service” on the basis that the Company will not be receiving any fiat and/or digital payment tokens by virtue of its operation of the Stake Pool. The ownership of a Delegator’s ADA will not be transferred to the Company and/or any e-wallet owned by the Company.
10.6. The reward of MELD Tokens to Delegators are based on their participation in the Company’s ADA Stake Pool and are not sold by the Company in exchange for the Delegators ADA.
10.7. On the basis of our opinion in paragraphs 10.5, we express no opinion on the regulatory status of ADA.
10.8. Accordingly, we are of the view that the Company’s operation of the ADA Stake Pool will not fall within the definition of providing a “digital payment token service”.”
🤝 Delegating to the MELD ISPO
- Access your Yoroi or Daedalus wallet
- Deposit ADA to your wallet from an exchange
- Search for MELD to find all the MELD Stake Pools
- Press Delegate on your desired pool
- Enter Password
- Congrats! You are now participating in the MELD ISPO
- View your dashboard to confirm delegation
For a more detailed guide on how to participate in the MELD ISPO:
Read 👉 HERE
If you are new and want to understand what the MELD ISPO is and why we are performing one for our token launch:
Read 👉 HERE
What’s the difference between the different MELD Stake Pools?
MELD (100% MELD)
This ISP offers 100% of EPOCH rewards in MELD.
MELD (50% MELD 50% ADA)
This ISP offers 50% of EPOCH rewards in MELD and 50% rewards in ADA.
NOTE: You earn the same MELD / ADA / EPOCH regardless of pool saturation levels.
Please do NOT delegate to a FULLY SATURATED MELD Stake Pool!
We have some exciting announcements coming in the next few weeks, so be sure to follow our socials and stay up to date with the latest MELD news! 👇
This is only the beginning 🚀
Stay Tuned — MELD
We think it’s essential for everyone to gain control of their financial lives and have equal access to financial instruments used by professionals, not just centralized institutions, governments, or the 1%. We want to provide financial freedom and control to the masses, including the unbanked.
We have a long-term goal to enable the $15 trillion that is currently locked out of the global economy, including 2 billion individuals worldwide that are either underbanked or have no access to banking services whatsoever, access to these tools. These are the people that are paying the highest fees, getting the worst customer service, and they are the ones that are having the most problems.
Our vision is to create an ecosystem that empowers individuals to regain financial control by providing them with the tools and services they need to manage their money on their terms. Whether that be creating a collateralized debt position (CDP) with cryptocurrency, earning an interest return for lending fiat to borrowers, or even participating in reward incentive programs, we strive to provide our users with the functions they need to manage their own financial lives.
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