You can pay it back, but you don't have to. "Genius loans" If you take out these loans, you will have an option to pay pack the principle. This will depend on various factors, but it's a novel concept. They plan to take advantage of staking mechanism on Cardano to offset the interest rates that borrowers have to pay for taking out a loan. They will provide something called "zero/negative interest loans". The things that I like and are innovative Second, The community have no risk other than loosing potential rewards as their ADA stays in the wallet and not with MELD team. The major advantage is to the US audience as they can't take part in ICO/IEO because os SEC, however, getting rewards for staking is considered same as earning interest in banks, so it allow them to take part in ISPO. With this new structure, you get to choose! Based on these goals we have been discussing and listening to the community which has resulted in a change to our ISPO structure.ġ️⃣ MELD ISPO 100% Pool: These set of pools will contribute 100% of ADA rewards to MELD, for this delegators will receive approximately 2 MELD tokens for each 1 ADA if staked for the full ISPO (32 EPOCHS).Ģ️⃣ MELD ISPO 50% / 50% Pool: These set of pools will contribute 50% of ADA rewards to MELD, so in this case, delegators will get both 50% of ADA rewards as well as receive approximately 1 MELD token for every 1 ADA, if staked for the full ISPO (32 EPOCHS). □ The MELD ISPO is intended to bring a fairer and more community driven approach to crypto project launches. MELD WILL NOW OFFER 2 TYPES OF ISPO POOLS: They are taking advantage of staking on Cardano and coming up with something innovative called ISPO (Initial Stakepool Offering) MELD is working on a new approach instead of an ICO/IEO, which are very famous for ETH's ecosystem. LinkedIn profiles Here, you can check out all the people on MELD team, they have their own private profiles. Telegram channel Best place to ask any questions you want I am just giving out my opinion from what I have read and from the conversations I have had with the founders and developers. I imagine that some of you must have seen posts or videos regarding and are doing your own research.
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