MELD is the new face of banking that consumers would appreciate and take part in actively, thanks to its non-custodial nature and the fact that it is a DeFi solution for banking. The platform allows users to borrow and lend money easily and securely, be it fiat or cryptocurrency. It also allows users to stake their MELD tokens for APY, making it a highly useful platform that has gained a lot of popularity in a short time. It is the new face of banking, and we are certainly excited to see where it goes now that it has the support of investors behind it.
What Makes MELD Different?
The banking sector is not easy to navigate, and it is especially true when you need to gain access to funds fast. While crypto lending platforms do offer better solutions, they are still far from perfect and do not cover all avenues. With us you can get a much more comprehensive service and it is worthwhile to explore the options that the setup has to offer.
- The best thing about MELD is the ease of getting money. The platform provides instant loans against your crypto assets and the annual percentage rate (APR) offered is also the most competitive. You can use it to either get access to cash or a line of credit that only charges interest on the money that you actually use.
- The platform allows you to grow your crypto assets continuously and automatically through investment and leveraging. It also makes it easy for you to use your funds for your immediate needs instead of having them reduce their value as they sit unused.
- The system is built on Cardano, the latest blockchain that is currently being used for making DeFi apps and it allows MELD to operate in a fast, efficient, secure, and cost-effective manner. The DeFi protocol in MELD also uses smart contracts which provide a transparent and fair service for all platform users.
The people running MELD are some of the best blockchain developers, financial experts, entrepreneurs, business development experts, and programmers. They are also backed by investors and advisors with extensive trading and financial services history.
How to Participate?
While the ISPO for MELD has ended, users can still participate by using a compatible wallet like Daedalus or Yoroi, searching for any of the 10 stakepools operated by MELD, and delegating.
* ICO Daily does not provide investment advice. Please read our disclaimer