Occam.fi is a suite of DeFi solutions tailored for Cardano. Designed to deliver market-leading launchpad capabilities, DEX tools, and liquidity pools, Occam.fi is a significant addition to Cardano’s rapidly expanding DeFi ecosystem with one of their first offerings being OccamRazer. A powerful, feature-rich, and intelligently designed solution revolutionizing the way decentralized projects raise and exchange capital.
MELD, a decentralized non-custodial lending protocol built on Cardano, is able to offer various services to OccamFi that will further increase the value of their launchpad, their user experience, and their overall platform. We are able to assist through services such as liquidity provision, exposure to our MELD Vaults, and the implementation of an $OCC lending market on the MELDapp.
MELDed Assets, MELD Wallet — OccamX
On top of the launchpad, OccamFi will be releasing OccamX, a Decentralized Exchange built on Cardano. The DEX will be gaining access to the MELD Vaults and in turn, the MELD token for users to be able to perform swaps utilizing the MELD vault token pairs. OccamX will initially be supporting MELDs stablecoins, along with other wrapped assets for users to perform swaps.
The MELD wallet will also be integrated with the protocol to enable web3 connectivity to OccamX. Users will be able to hold their crypto assets within the MELD wallet and utilize OccamFi products and services.
MELD Liquidity Provision — OccamX
MELD will be providing liquidity into OccamX’s key asset pools for traders to be able to seamlessly trade ADA vs MELD’s stable coins and other wrapped core assets. We will also be exposing our MELD Vaults (LPs) to the OccamX DEX which benefits are twofold:
- OccamX users gain access to deep liquidity pools, reducing slippage, and offering more value to the users of the platform
- MELD Vaults gain exposure to more users to perform swaps, generating greater trading fees APY
OCC/USDT Lending Market
MELD will deploy an $OCC lending market and maintain its orderly operational/technological performance. This would allow users to be able to lend or borrow $OCC on the MELDapp. The use case, from Occam Razor‘s perspective, is to lock crypto assets and borrow $OCC to increase tier placement of IDO allocations for their launchpad.
Elliot Hill, Head of Communications at Occam.fi, says:
“By fusing the OccamRazer launchpad and MELD’s credit markets, users can stay long on their crypto positions while borrowing $OCC to move up OccamRazer tier for IDO participation. We’re delighted to work alongside MELD, one of the most exciting and most ambitious projects building for Cardano today, and together we will look to advance and bring value to all Occam.fi, MELD, and ultimately Cardano users.”
OccamFi will facilitate a healthy state of liquidity of the $OCC lending market on the MELDapp.
We will be further working with OccamFi to explore various avenues such as creating a joint research and development group to tackle the development of Oracle infrastructure for Cardano’s DeFi landscape. We will also be exploring options to turn credit market positions on the MELDapp into NFTs enabling secondary markets for MELD’s $OCC credit market positions.
This is an exciting partnership for us with lots of value added to users from both sides. OccamFi has a great team and we are thrilled to be working with a group of people that want to see the greater Cardano ecosystem flourish as much as we do. The future state of DeFi on Cardano is looking bright, and we’re excited to see where this partnership takes us! Let’s get building!
Stay Tuned — OccamFi
The Occam.fi ecosystem is managed and maintained by the Occam Association, a Switzerland-based entity operating from the crypto-friendly Canton of Zug. When the Occam.fi ecosystem grows sufficiently, Occam.fi will be governed and steered by a carefully designed decentralized autonomous organization. Occam.fi is the first decentralized launchpad designed for the Cardano ecosystem, built with expertise and care from a veteran team of blockchain entrepreneurs and professionals.
Stay Tuned — MELD
We think it’s essential for everyone to gain control of their financial lives and have equal access to financial instruments used by professionals, not just centralized institutions, governments, or the 1%. We want to provide financial freedom and control to the masses, including the unbanked.
We have a long-term goal to enable the $15 trillion that is currently locked out of the global economy, including 2 billion individuals worldwide that are either underbanked or have no access to banking services whatsoever, access to these tools. These are the people that are paying the highest fees, getting the worst customer service, and they are the ones that are having the most problems.
Our vision is to create an ecosystem that empowers individuals to regain financial control by providing them with the tools and services they need to manage their money on their terms. Whether that be creating a collateralized debt position (CDP) with cryptocurrency, earning an interest return for lending fiat to borrowers, or even participating in reward incentive programs, we strive to provide our users with the functions they need to manage their own financial lives.
MELD LABS PTE. LTD.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No JOURNAL RECITAL journalist was involved in the writing and production of this article.