Meld (The Banking Stack for DeFi) build on Cardano where you can lend & borrow both crypto(KYC not required) and fiat currencies(KYC in required) with ease and stake your MELD tokens for APY.
Meld's ISPO(Initial Stake Pool Offering)
Start: July 1, 2021
Ends: Dec 8, 2021(i.e. Meld protocol launches).
Participants can delegate any amount of ADA and can unstake it anytime.
Meld tokens are rewarded to the delegators per Epoch(each epoch last for 5 days). Only delegate to the pools given in the MELD's ISPO Dashboard.
Meld's ISPO Rewards
There are 10 ISPO stake pools. You can refer here to know about the Meld ISPO pools 👉MELD ISPO Pool
There are two type of MELD pools:
MELD ISPO 100% Pool
Per ADA staked = .065 MELD
MELD ISPO 50%/50% Pool
Per ADA staked = .0325 MELD + 50% ADA reward
| Accumulated $MELD rewards will be airdropped at the token Genisis event (time of minting;Dec 8) to your wallet.
Epoch Remaining
Total of 32 Epoch. At the time of the writing, we are currently in 21 epoch
To calculate the remaining epoch:
Time from June 1 to Dec 8 : 160 days
1 epoch last for 5 days
Epoch remaining : Calculate no. of days remaining / 5
How to delegate ADA to earn $MELD
1. Purchase ADA ( You can use Binance as it has low fee)
To create an account: https://accounts.binance.com/en/register?ref=52067486
2. Get a Yoroi wallet and create an account 👉Yoroi Wallet
3. Go to Delegation List on the top-right corner.
4. Search for meld and you will be provided with bunch of options;
5. Go to ADA pools to check for pools where you can delegate.
6. You can ignore the message like "Not to delegate to saturated pools", but it doesn't matter for the MELD ISPO pools as you will get .065 MELD per ADA delegated per epoch.
7. Also there's a delegation and withdraw fee, make sure you choose which pool you want to delegate.
Rewards
To check your rewards earned per epoch:
1. Go to your yoroi wallet.
2. Go to "Receive" -> "Reward" & copy the generated address.
3. Go to MELD ISPO Dashboard
4. Choose the ISPO pool to which you have delegated your ADA.
4. Search for your address that you have recently copied.
### Important Links:
MELD: https://www.meld.com/
MELD ISPO Dashboard: https://www.meld.com/dashboard
Road Map of MELD: https://docs.meld.com/information/roadmap
Yoroi wallet: https://yoroi-wallet.com/#/
MELD Pools: https://adapools.org/groups/meld-231
Binance Referral Link: https://accounts.binance.com/en/register?ref=52067486