MELD Diamond Hand — NFT Utility

Adding functionality and protocol utility for all holders!

Stuart
MELD
3 min readApr 22, 2022

--

MELD Diamond Hand 💎

Back at the start of MELD, during the MELD ISPO, we implemented a bonus rewards schema for all those that participated. Delegators could earn bonus MELD tokens depending on the length of time they have delegated for. This ranged from +8% to a +25% bonus. Full article here…

The MELD Diamond hand NFT was a reward for anyone that delegated their ada in the MELD ISPO stake pools for 30+ Epochs. And now, the time has come to start implementing utility! 🚀

MELD Diamond Hand Utility

Diamond hand NFTs will be used on the MELD mobile providing benefits on the fiat side of our services:

  • Early access to the mobile app and its services
  • Early access to bank accounts and no fees for the MELD crypto debit card and holders will not have to lock up MELD to use the services
  • There will also be additional benefits and discounts for the mobile app, and bank — more details coming soon…

NOTE: The Diamond hand NFTs will not have any effect on the lending and borrowing protocol or variable staking

Where to buy:

Currently, jpg.store has the majority of trading volume and can be accessed with the link below!

https://www.jpg.store/collection/melddiamondhand

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.

Website | GitBook | Twitter | Reddit | Telegram Group | Telegram Notifications | Linkedin | Github | Youtube | Discord | Facebook | Instagram

--

--