Episode #84: DEFI Banking Meld Deep Dive!

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IN THE NEWS:

Bank of America fined for consumer abuses, fake accounts, bogus fees
https://www.cnbc.com/2023/07/11/bank-of-america-fined-fake-accounts-bogus-fees.html

As Trust dwindles with customers Neobanks will rise in popularity
What is a Neobank? No branches All online Will we need 4100 banks? All part of the plan to transition us into this new financial system?

Meld-Founder Ken Olling-Lending and borrowing protocol similar to Aave but allows you to lock up your crypto in a non-custodial environment in a trustless way and borrow fiat against your crypto. YOU control your keys

Meld runs on Avalanche, Cardano and Eth and couple more.
Debit card is coming but no credit card!
Roadmap for MELD in next 12-18 months-Launch Neobank, borrow and lending platform by end of year
1st Quarter 2024- Tokenizing Assets- staking and generating yield

Lets look at AAVE.....

Buy Meld on Bitrue, MEXC or DEFI like Minswap through Nami Wallet.

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HODL'on

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This content is being offered for your consideration only. Lean into the information shared here, and take what resonates. We each have our own way and we are not financial advisors. Do your own research.