MELD is the first non-custodial DeFi protocol for lending and borrowing both fiat & cryptocurrencies.
MELD is the first decentralized and non-custodial DeFi banking protocol for lending & borrowing fiat & cryptocurrency with a focus on decentralized finance (DeFi), and a long-term goal of enabling more than 2 billion individuals - who are either underbanked or have no access to banking services whatsoever - to access tools and solutions built around leveraging cryptocurrency assets.
Services offered by MELD include creating cryptocurrency-backed loans, earning an interest return for lending fiat to borrowers, and participating in reward incentive programs. MELD will enable instant loans against cryptocurrency holdings at a competitive APR, or receive a credit line and only pay interest on what you use.
MELD is the first non-custodial DeFi protocol for lending and borrowing both fiat & cryptocurrencies. A world-class DeFi protocol using the Cardano blockchain, MELD uses smart contracts to ensure complete transparency and fairness for all parties.
MELD thinks it is 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%. MELD wants to provide financial freedom and control to the masses, including the unbanked.
MELD has 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, and getting the worst customer service, and they are the ones that are having the most problems.
The vision of MELD 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 participating in reward incentive programs, we strive to provide our users with the functions they need to manage their own financial lives.