Cardano-based DeFi protocol attracts 100 million native tokens | Crypto World Analysis

Cardano-based DeFi protocol attracts 100 million native tokens staked in 3 days

A new decentralized finance protocol dubbed Meld that launched on the Cardano blockchain has managed to get 100 million of its native token MELD staked in just three days.

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.

Source

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