MELD is an open-source, non-custodial liquidity protocol for borrowing fiat (USD and EUR) and earning yield on deposits. The MELD token can be staked and is used for voting on the governance of the protocol.
MELD offers significant capital efficiency gains in lending and borrowing compared to both centralized blockchain solutions and traditional Fintech. Running on a 3rd generation blockchain, transactions are inexpensive and high speed while being secured with more than $50 billion in ADA on the Cardano blockchain.
MELD is the first decentralized protocol that brings fiat loan capabilities to crypto. Move between crypto and fiat positions with ease, take out loans and retain full control of your digital assets.
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