GP9 Meld Gold Targeted DeFi Rewards (TDR) Distribution Plan

What is Meld Gold?
Meld Gold sets the standard for digitisation of Real World Assets launching an ‘industry gold token’ empowered by a marketplace of physically decentralised gold suppliers, global brands and a network of specialist partners. Utilising the Algorand Blockchain Gold can be traded 24 hours a day, in seconds for a fraction of a cent.

Summary
What is the program goal?
The longterm goal is to increase the amount of $BULLION assets issued by Meld Gold on the Algorand blockchain. The TDR program is aimed at achieving multiple elements in order to achieve this goal.
1. Increased utility.
2. Retention of current liquidity.
3. Incentivise for new liquidity.
As Meld Gold comes under the bridge category (bridging RWA’s in this case) all rewards need to be distributed via trading platforms — Pact, Tinyman, Humble & AlgoRai. We are working with all 4 protocols on co-incentive plans as well as other ways to co-market in increase the effectiveness of the program.
We are also working with other platforms such as Algomint, Folks Finance & xBacked on co-incentivising certain trading pairs and other collaborating strategies.

Allocation
Amount: 515,340 $ALGO

What will be incentivised & where?
Pact — $goUSD <> $GOLD$ / $SILVER$, $xUSD <> $GOLD$ / $SILVER$.
Folks Finance (Lending Pools Via Pact) — $fALGO <> $fGOLD$, $fALGO <> $fSILVER.
Tinyman — $goUSD <> $GOLD$ / $SILVER$.
Humble — $goUSD <> $GOLD$ / $SILVER$.
AlgoRai — $GOLD$.

% of the rewards dedicated to each of the Meld Gold assets:
$GOLD$ — 51.45%
$SILVER$ — 48.55%

Rewards will be distributed via: Wallet Address