The Occam Association enters a strategic partnership with MELD
By Joy Dumasia
The Occam Association is pleased to reveal that it has entered into a strategic partnership with MELD, a decentralized non-custodial lending protocol built on and for Cardano.
MELD will offer various DeFi services to Occam.fi to boost value for OCC token holders, introducing new functionality to the OccamRazer launchpad. MELD will work alongside the Occam.fi team to provide services such as liquidity provision, exposure to MELD Vaults which act as automated market makers (AMMs), and the implementation of $OCC lending markets on the MELDapp.
OccamX, the Occam.fi ecosystem’s planned Cardano decentralized exchange, will leverage MELD Vaults, enabling users to perform swaps that utilize MELD Vault token pairs. Likewise, OccamX will initially support MELDs stablecoins and other wrapped assets for users to execute trades.
Ken Olling, Co-Founder and Chairman at MELD, said: “We’re pleased to be working with Occam.fi to explore various avenues for collaboration. This will include creating a joint research group to tackle the development of oracle infrastructure for Cardano’s DeFi landscape, options to turn credit market positions on the MELDapp into NFTs enabling secondary markets for MELD’s $OCC credit market positions, and much more. This is a highly exciting partnership for us with lots of value to both MELD and Occam.fi users.”
Elliot Hill, Head of Communications at Occam.fi, commented: “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.”
Recently, IBS Intelligence reported that IX.Swap, one of the world’s first DeFi automated market makers and liquidity pool providers for security tokens and tokenized stocks, will make its debut launch through the OccamRazer decentralized launchpad.