Melalie Network Staking Program Will Start 9th July 2021
A Peer-2-Peer mobility marketplace, Melalie Network is thrilled to announced its upcoming staking program. On July 9, 1PM (UTC + 8) the very first $MEL staking will be launch. For the moment Melalie are running the final tests and they are completing the integration and mapping with Polygon Network(previously Matic). Next week, before the launch, they will share more information on how MEL-S1 will actually work and how it will provide you with more $MEL.
The first version of staking program (MEL-S1) will be simple but elegant; stake and receive more $MEL. Staking $MEL can be executed via a smart contract. You will be able to stake $MEL within minutes. The minimum MEL amount required to participate is just 100 $MEL. Token holders who stake for a longer period of time will receive a higher return. Token holders will be able to see the total number of staked tokens and see their effect on their total tokens.
The $MEL-S1 program is part of a bigger plan. It aims to improve liquidity for smaller investors via listing on one or two exchanges, as the fees via Uniswap are currently very high and it aim to improve mechanisms to hold $MEL in the long term via the staking program, discounts on travel, and receive $MEL for traveling.
ABOUT MELALIE NETWORK
Melalie is a peer-to-peer (P2P) mobility marketplace. On the Melalie platform, people can rent vehicles — bikes, scooters, motorbikes, cars, vans, and trucks — from each other, without the need for intermediaries. The Melalie platform is complete, tested, live and already lists over 400 local vendors. The application can be downloaded in the App Store (iOS) and the Google Play Store (Android).
