You are interested in web3 banking and decentralized finance (DeFi). You may be familiar with MELD, a non-custodial DeFi protocol that enables cross-chain borrowing, staking, and lending.
MELD is running an airdrop campaign to give away free MELD tokens to its community members and early adopters. In this post, we will define the MELD token, the MELD token, and how to participate in the MELD airdrop to get free tokens.
What is MELD Airdrop?
As part of an advertising effort known as the MELD airdrop, those who sign up for the MELD ecosystem and carry out certain behaviors might get MELD tokens. The airdrop campaign began on July 3 and lasted through October 31 of 2023. One hundred million MELD tokens, or 10% of the total, are set aside for the airdrop.
The MELD airdrop is divided into two stages: the first stage is for users who register for the MELD Neobank early access pass and validate it by sending $1 worth of cryptocurrency to the MELD app; the second stage is for users who engage in a variety of on-chain and off-chain activities, such as holding, trading, staking, farming, swapping, and bridging MELD tokens across various blockchains.
One fortunate participant can become a MELDionaire via the MELD airdrop, which entails exchanging 1 million MELD tokens. Following the campaign’s conclusion, all qualified participants will randomly choose a winner.
What is MELD Token?
Protocol. It serves as the protocol’s structural foundation and offers crucial components like:
- Transaction fees on the MELD blockchain are paid (through gTLD).
- Protocol governance, allowing holders to direct the development of the protocol
- As an incentive, users that engage in protocol-related activities like lending, borrowing, staking, trading, farming, etc., get rewards.
- Protocol insurance protects users from all risks and losses.
A total of one billion MELD tokens are available, of which 40% will be sold in the open market, 10% will be sold privately, 10% will be given to the group and advisors, 10% will go into the foundation reserve, 10% will be used to improve the ecosystem, 10% will be handed out as airdrops, and 10% will be used for liquidity mining. The remaining 20% will be used for mining liquidity and airdrops.
MELD Airdrop: Step-by-step guide
It would help if you did the following actions to take part in the MELD airdrop and get free tokens:
- Register for a MELD.FI account.
- You will get an email with an access code for the MELDApp.
- Make a MELDApp wallet now.
- To verify your access code, follow the steps in MELDapp.
- 100 MELD tokens are yours to keep.
- Gain additional tokens by engaging in both on-chain and off-chain activities.
- Zealy chores must be completed to boost your share.
- Earn additional MELD by recommending friends as well.
- Additionally, one fortunate contestant would get $1,000,000 MELD.
- Detailed information on the airdrop may be found in this Medium post.
How to Become a MELDionaire?
Anyone with a million or more $MELD tokens is considered a MELDionaire. Being named a MELDionaire shows dedication to the future of Web3 banking, money, and prestige.
One fortunate MELD airdrop participant will have the opportunity to win 1 million $MELD tokens, making them a billionaire. This is worth 5% of the entire airdrop value and might be worth millions of dollars.
After the 40-week program, a winner will be chosen at random. The selection procedure will be transparent and blockchain-verifiable. On the official website and social media, the winner will be announced.
Users must do the following actions to participate in the MELDionaire campaign:
- Users must pay at least ten ADA to the MELD smart contract address to verify an early access permit. By doing this, customers will be guaranteed entry into the promotion and a ticket for the drawing.
- Send additional ADA: By sending more than 10 ADA to the MELD smart contract address, users may boost their chances of winning. They will earn an extra entry into the drawing for every further 10 ADA users provide. Users can transmit an unlimited number of ADA as long as they stay under the cap of 1000 tickets per wallet.
- Hold ADA: Until the 40-week period is through, users must keep their ADA in their wallets. Users lose their tickets and lose their opportunity to win if they transfer or withdraw their ADA before that time.
For anybody who wishes to participate in the Web3 banking revolution and change the course of history, the MELDionaire campaign is a once-in-a-lifetime chance. Don’t pass up this opportunity; take part right now!
MELD is a potential DeFi system that provides integrated fiat banking services and cross-chain lending, borrowing, and staking on the MELD blockchain. MELD is launching an airdrop campaign to provide free MELD tokens to its community members and early adopters.
You must register for the MELD Neobank early access pass, verify it by paying $1 worth of cryptocurrency to the MELD app, and carry out several on-chain and off-chain tasks to participate in the MELD airdrop. Additionally, you can win 1 million MELD tokens, making you a billionaire. Use this chance to join the MELD ecosystem and get free tokens.
When will the MELD airdrop end?
The MELD airdrop will end on October 31, 2023.
How many MELD tokens can I get from the airdrop?
How many jobs you do and your involvement in the MELD ecosystem will determine how many MELD tokens you get from the airdrop. You earn more the more you engage.
How can I check my MELD balance and claim my tokens?
You can check your MELD balance and claim your tokens by logging into the MELD app and clicking “Claim Airdrop” in the menu.
What is the value of the MELD token?
Market supply determines the price and demand of the MELD token. You can check the current price of MELD tokens on various platforms such as CoinGecko or CoinMarketCap.
What can I do with the MELD token?
You can use the MELD token to pay transaction fees on the MELD blockchain, participate in protocol governance, earn rewards from protocol activities, and access protocol insurance. You can trade, swap, stake, farm, or bridge MELD tokens with other cryptocurrencies or fiat currencies.