How to Import Your Seed Phrase to Nami Wallet🔒
Import your seed phrase safely & start using Nami wallet with the MELDapp
The MELDapp is approaching FAST! And so are all of your $MELD tokens! 🥳️🎉
We have some important information to share for certain individuals, in regards to your ability to claim your vested $MELD. Anyone that has purchased $MELD tokens, with vesting attached, will have to use the Nami wallet to claim their $MELD. The reason is that the smart contracts connected to the vested $MELD are only compatible with the Nami wallet.
This means that;
if you have participated in a private sale of $MELD (on Vent Finance private sale, or Lightning protocol for example) and you are NOT using Nami wallet, you will be unable to claim your $MELD once the MELDapp is live. So if you haven’t transferred your seed phrase yet, follow the steps below!
$MELD Vesting Mechanics
Users can see their $MELD tokens vest and can be withdrawn from the vesting smart contract every Epoch at a distribution rate of 4% per month.
💸 $MELD Vesting Bonus APY — Investors with vested $MELD tokens will get a 12% bonus for all vested tokens that have not been withdrawn from the smart contract.
For everyone else with unlocked $MELD, there will be 2 locked staking options:
12 Month locked staking
Opens on: Jan 31, 2022
Closes on: March 1, 2022
Fixed APY: 15%
6 Month locked
Opens on: Jan 31, 2022
Closes on: Sept 1, 2022
Fixed APY: 12%
Now, if you have $MELD that is vested and you aren’t using Nami wallet, follow the guide below to transfer your seed phrase over to Nami wallet to be able to claim your vested $MELD! 👇
How to transfer seed phrase to Nami wallet
- Download Nami wallet— Available on Brave, Chrome, Edge
*The Nami wallet is a browser extension downloadable on the google store or https://namiwallet.io/ directly
2. After the download is completed, click on the extension to see this screen:
3. Click Import, choose seed phrase length for your wallet, and click Continue:
4. Input your seed phrase and click Next:
5. Input desired credentials and click Create:
6. Click Close:
If you followed this, then you have just transferred your seed phrase to the Nami wallet!
MELD — Be Your Own Bank
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.