ADA Handle Partners with MELD

We’re beyond excited to announce our newest partnership with MELD! MELD is a full-suite DeFi banking protocol on the Cardano blockchain. MELD is pioneering the open-source non-custodial banking stack for Cardano by offering he first crypto-collateralized fiat and crypto loans.

MELD borrowers collateralize their cryptocurrency in the MELDapp allowing them to borrow fiat currency for which they can use for life events like buying a house, a car, getting married or as a line of credit. Once a user pays back the loan, the smart contract will end and the collateralization will release back to the user.

MELD lenders will provide fiat liquidity in return for a highly stable, interest-based return capable of replacing traditional fixed income sources. For other institutional liquidity providers, MELD will offer high yield income from MELD Vaults that act as automated market makers (AMM).

To learn more about their borrow lending mechanisms, click here.

Our Partnership

Together ADA Handle and MELD look to expand the reaches of DeFi to provide a more seamless experience for end users. This partnership is the start of a symbiotic collaboration in which we aim to bring the users of Cardano the most secure, easy to use, and beneficial products in the industry.

As a part of this partnership, MELD will add support for Handle address resolution directly within their platform! As we both pursue the potential reality of enabling financial products for the rest of the world we are proud to build alongside MELD.

DISCLAIMER: Any partnership announcement with any Party made by Kora Labs, LLC for any product owned and or operated by Kora Labs, LLC is not an endorsement for said Party.