![MELD [OLD]](https://4e3b4ec81ff348812278.ucr.io/-/format/auto/-/quality/lightest/-/preview/1200x800/https://coin-images.coingecko.com/coins/images/23380/large/Twitter.jpg?1696522595)
What is MELD [OLD]
MELD is the first decentralized and non-custodial DeFi banking protocol for lending & borrowing fiat & cryptocurrency. The MELD token is a governance token enabling holders to vote on the development of the protocol. MELD focuses on decentralized finance (DeFi), with the long-term goal of enabling more than 2 billion individuals - who are either underbanked or have no access to banking services whatsoever - to access tools and solutions built around leveraging cryptocurrency assets. Services offered by MELD include creating cryptocurrency-backed loans, earning an interest return for lending fiat to borrowers and participating in reward incentive programs. MELD will enable instant loans against cryptocurrency holdings at a competitive APR, or to receive a credit line and only pay interest on what you use. A world-class DeFi protocol using the Cardano blockchain, MELD uses smart contracts to ensure complete transparency and fairness for all parties including lending, borrowing and minting of tokens.
MELD [OLD] vs Stoic
It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.
There is no guarantee that In 5 years, MELD would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of MELD might derail its progress.
Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including MELD.
Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.
The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.
Over 12,000 people already use Stoic to automate their crypto investing.