MELD — Maladex Partnership

“The Research Driven Cardano... Partnership” 🚀

Published in

MELD

4 min readDec 7, 2021

We are super excited to announce our partnership with Maladex! 🥳️ 🎉 We will be swapping tokens, providing liquidity to each other protocols, supporting ADAmatic together, and pursuing a joint research effort! 👨‍💻

What is Maladex?

Maladex’s goal is to revolutionize the Decentralized Finance (DeFi) ecosystem by application of research rigor and quantitative modeling expertise from Traditional Finance (TradFi). They propose a revolutionary execution model based on the concept of programmable swaps. The proposed approach completely eradicates impermanent loss, significantly increases capital efficiency, and is poised to render market-making and price discovery much more efficient. — Read more here…

Integration of DEX
Integration of Maladex Token into MELD’s Credit Markets
ADAmatic Node Support
Maladex ISPO
Research Group

🔁 Integration of Dex

We will be working with Maladex to mutually integrate our tokens into each other’s protocols and support each other’s ecosystems. This includes the connection of the MELD wallet to the Maladex DEX.

We will be providing liquidity into Maldex DEX’s key asset pools for traders to be able to seamlessly trade ADA against Meld’s stable coins and wrapped core assets. Thus, providing greater functionality for the DEX.

💸 Integration of Maladex Token into MELD’s Credit Markets

Maladex will be providing liquidity into MELDs $MAL/$ADA lending markets for traders to be able to seamlessly borrow $MAL. The mutual objective here, of course, is composability, the cornerstone of DeFi. On top of this, Maladex will ensure and implement features to facilitate the healthy state of liquidity of the lending market;

Inherently, we will be supporting the $MAL token as collateral on the MELD protocol!

🌉 ADAmatic Node Support

As Cardano grows as an ecosystem and as the maturity of blockchains increases, the need for bridges to other chains to transfer liquidity becomes more important and expected by users.
Read more here…

Maladex will provide feedback and insight into the ADAmatic bridge development and will be running an ADAmatic node with whitelisting for other partners! We will be working together to provide documentation, early access, and notices regarding the development of ADAmatic.

🤝 Maladex ISPO

$ADA holders can delegate their $ADA to one of the Maladex stake pools to start earning $MAL tokens.
Read more about the Maladex ISPO here…

The Maladex ISPO pools are also part of the featured pools* for the MELD Bank Manager NFTs — and can be used as one of the steps for the evolution process of MELD NFTs.

*You can read more about the MELD Bank Manager NFT and our featured pools here

👨‍💻 Research Group

We will be creating a joint research and development group to tackle some of the pressing issues of DeFi on Cardano. As the first initiative towards this effort, Maladex will help contribute to MELDs development efforts in creating a security toolbox for the emerging DeFi space on Cardano.

We have had some very interesting talks thus far and are very much looking forward to seeing this partnership flourish! 🌟 🚀

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.