MELD is the first DeFi, non-custodial, banking protocol being built on the Cardano blockchain. You can securely lend & borrow both crypto and fiat currencies with ease and stake your MELD tokens to earn protocol revenues.
MELD has been the first company to posit what is known as an Initial Stake Pool Offering (ISPO) as a means to distribute its tokens. An ISPO is a liberating new way for investors and the community to support MELD using the Cardano blockchain. Users who wish to participate in our ISPO can delegate their ADA using the Yoroi or Daedalus wallet to the public MELD stake pool (ticker MELD) for any period which they choose. Depending on the duration and quantity of ADA staked, delegators will be rewarded MELD tokens.
After the initial support from the Silicon Blockchain Society, MELD has been able to maintain its momentum with over 220m ADA staked in the ISPO in just over 2 weeks since its inception!
MELD is delighted to announce the addition of Christian Katz to the MELD Advisory Board!
The MELD team and advisory board have been growing quickly since the start of the ISPO, on July 1st, and the addition of Christian Katz, with his knowledge and expertise in the banking and financial services sectors, further solidifies MELD as a serious participant in the new era of DeFi.
Christian comes from 20+ years of experience within the banking & financial services sectors exercising roles as Vice President at J.P. Morgan, Managing Director at Goldman Sachs, CEO at the SIX Swiss Exchange, and is a board member with multiple firms. Christian brings an array of critical insight and knowledge to MELD in conjunction with financial institutions and blockchain in cross-border markets.
Christian enhances our reach to banking institutions allowing us to partner off with a greater array of fiat liquidity providers, further supporting the MELD protocol.
We are honored to have Christian as an advisory board member to our new Swiss MELD Foundation. Christian truly sees the value of the MELD protocol and is fully behind the vision and forward trajectory that MELD is on.
One of MELD’s many financial services will be crypto-backed fiat loans. Users will be able to deposit cryptocurrency to the MELD protocol and then borrow fiat against the deposited asset. Christian’s position as an advisory board member will be, amongst other areas, able to support the reach out to fiat currency providers, introducing banks and other players to MELD. His contribution will clearly enhance our ability to fully optimize our position in the market.
Christian sets a very high standard and precedent for the type of advisors that MELD desires and we have no doubt that, with Christian and the other advisory board members, MELD will continue to attract the financial pedigree that is so critical to our plans. We welcome whole-heartedly Christian Katz to 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.