An Initial Stake Pool Offering (ISPO) is a liberating new way for investors and the community to support MELD using the Cardano blockchain. Users who wish to participate in our ISPO can delegate their ADA using the Yoroi or Daedalus wallet to the public MELD stake pools for any period which they choose. Depending on the duration and quantity of ADA staked, delegators will be rewarded MELD tokens.
This is not legal or financial advice. The MELD ISPO is utilizing the Cardano Blockchains core functionality of delegating to a stakepool. To participate you can use a compatible ADA wallet such as Yoroi or Daedalus, search for the MELD ISPO stakepools and delegate. MELD operates 10 ISPO stake pools that provide validation and block writing functionality to the Cardano Network. In many countries the regulations around cryptocurrency and proof-of-stake are not clearly defined. We recommend everyone consult with a legal advisor in your jurisdiction.
Read the full Medium article HERE
We reached nearly 620 Million ADA in delegations during the MELD ISPO along with a fully subscribed private sale which means we have met all of the goals we have set for the ISPO and the pre-sale!
The MELD ISPO was officially closed to new delegations on:
Wed 27 Oct 2021–21:45:00 UTC.
$ADA delegated to the MELD ISPO before the above date will still be eligible for $MELD rewards for the remaining MELD ISPO epochs.
$ADA delegated to the MELD ISPO after the above date will NOT receive $MELD rewards for any remaining MELD ISPO epochs.