Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: Pagla on February 05, 2022, 07:41:22 AM
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The Cardano ($ADA) network has recently seen the launch of a new decentralized lending protocol for the unbanked called Meld. Over the last three days, after the protocol launched, users staked 100 million MELD tokens on it to earn interest while insuring its activities.
According to an announcement Meld made on Twitter, the milestone was made shortly after the decentralized finance protocol was launched. The staked tokens are now locked for a specific period. The locked tokens allow users to take out fiat currency loans collateralized with crypto.
In just 3 days we've managed to get 100m $MELD staked in the #MELD protocol! 🥳🤯 You guys are amazing 🚀
Are you staking?👇https://t.co/Lx5obkUodu#Cardano #CardanoCommunity pic.twitter.com/kqgbv9iqgS
— MELD (@MELD_labs) February 3, 2022
More Information (https://cryptonews.net/en/news/defi/3115749/)