ISPO — Community Update

Stuart
MELD
Published in
3 min readJun 30, 2021

The MELD ISPO is intended to bring a fairer and more community-driven approach to crypto project launches. Based on these goals, we have been discussing and listening to the community which has resulted in a change to our ISPO structure.

We have made these changes because many in the community want to participate in MELD but also want to keep getting ADA staking rewards.

We totally get this and heard you loud & clear!

To learn more about the ISPO check out these links!

  • Read about our upcoming ISPO for our MELD token 👉 HERE
  • Learn how to delegate ADA to the MELD Cardano node 👉 HERE
  • Sign up to our ISPO mailing list 👉 HERE

🌟MELD NOW OFFERS 2 TYPES OF ISPO POOLS🌟

✔️ MELD1 — MELD ISPO 100% Pool

This set of pools will contribute 100% of ADA rewards to the MELD protocol.

Delegators who delegate ADA to MELD1 — MELD ISPO 100% will receive approximately 2 MELD tokens for every 1 ADA that is staked for the entire ISPO (32 EPOCHS).

✔️ MELD2 — MELD ISPO 50% / 50% Pool

These set of pools will contribute 50% of ADA rewards to MELD and 50% ADA reward back to the delegator

Delegators who delegate ADA to MELD2 — MELD ISPO 50% / 50% Pool will receive approximately 1 MELD token for every 1 ADA that is staked for the entire ISPO (32 EPOCHS) and 50% of the ADA rewards per EPOCH.

With this new structure, you get to choose how you invest!

You’re in control! 👊 💥

Stay Tuned — 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.

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