Cardano Based Defi Protocol Attracts 100 Million Native Tokens Staked In 3 Days
Meld made the announcement through its Twitter account with the milestone forming part of the DeFi protocol’s objective of offering services of staking cryptocurrency as collateral for fiat loans. According to Meld, it targets the global unbanked population while relying on Cardano to focus on countries with an existing high crypto population. Through Meld’s model, users will deposit cryptocurrency that is to be locked in the account before borrowing loans based on the locked collateral with backing from Cardano....