7 more epochs, bonus rewards, & 280m $MELD remaining to be distributed!
As you may be aware, the MELD ISPO has been filled!
There was nearly 620m $ADA delegated to the MELD ISPO at the time of announcing the ISPO was full. There is now currently around 585m $ADA delegated. Even with the 35m $ADA lost, we are still over the 800m $MELD we initially allocated.
Ok, but what does that mean for my position in the MELD ISPO?
💸 There are still 7 epochs where $MELD can be rewarded:
- Sat 06 Nov 2021 (21:45:00 UTC)
- Thu 11 Nov 2021 (21:45:00 UTC)
- Tue 16 Nov 2021 (21:45:00 UTC)
- Sun 21 Nov 2021 (21:45:00 UTC)
- Fri 26 Nov 2021 (21:45:00 UTC)
- Wed 01 Dec 2021 (21:45:00 UTC)
- Mon 06 Dec 2021 (21:45:00 UTC)
❌ The MELD ISPO was officially closed to new delegations on:
Wed 27 Oct 2021–21:45:00 UTC.
- $ADA delegated to the MELD ISPO before the above date will still be eligible for $MELD rewards for the remaining MELD ISPO epochs.
- $ADA delegated to the MELD ISPO after the above date will NOT receive $MELD rewards for any remaining MELD ISPO epochs.
💰 ISPO Bonus Rewards
We have allocated bonus $MELD rewards to longer-term ISPO delegators, as seen below:
User delegates for:
Diamond Hands (+25% more $MELD)
Steel Hands (+15% more $MELD)
Iron Hands (+8% more $MELD)
Copper Hands (+0% more $MELD)
Even though the ISPO is FULL, we still have to distribute the remaining 280m $MELD! Are you still in?
MELD — Enjoy today, Secure tomorrow
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, to access 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.