Melalie
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Melalie

Melalie Launches $MEL Staking

We are excited to announce that $MEL staking will be made available!

We are still in the early stage of the Melalie project. During these tumultuous times, it is extra important that we develop programs that will reward our first adopters. This is why we started the development of our staking program.

Staking will be an important feature of the Melalie platform. We aim to develop a community of holders who are incentivized to help us grow our platform, business, and community. $MEL token holders will have gradually become part of the Melalie DAO and will be able to generate more tokens via staking.

MEL S-1

The first version of our staking program (MEL-S1) will be simple but elegant; stake and receive more $MEL. Staking $MEL can be executed via a smart contract. You will be able to stake $MEL within minutes. The minimum MEL amount required to participate is just 100 MEL. Token holders who stake for a longer period of time will receive a higher return. Token holders will be able to see the total number of staked tokens and see their effect on their total tokens. We understand you want to know when and how. Expect a staking calculator soon, as well as technical details on the platform we will do this on.

Once we have completed the development of the smart contract, we will share it on our Github and on Etherscan.

Part of a bigger plan

The $MEL-S1 program is part of a bigger plan. We aim to improve liquidity for smaller investors via listing on one or two exchanges, as the fees via Uniswap are currently very high and we aim to improve mechanisms to hold $MEL in the long term via our staking program, discounts on travel, and receive $MEL for traveling.

About Melalie

Melalie is a peer-to-peer (P2P) mobility marketplace. On the Melalie platform, people can rent vehicles — bikes, scooters, motorbikes, cars, vans, and trucks — from each other, without the need for intermediaries. The Melalie platform is complete, tested, live and already lists over 400 local vendors. The application can be downloaded in the App Store (iOS) and the Google Play Store (Android).

The official Melalie channels

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