🔥 Meridian Accumulates More veSTELLA
🔥 Meridian Accumulates More veSTELLA
💎 veSTELLA Accumulation Continues
Meridian contributors continue building their veSTELLA position, acquiring 51,642.10 STELLA tokens from StellaSwap markets.
This accumulation strategy supports the MST-DOT liquidity pool that recently launched on StellaSwap with a starting price of $0.075 and 1% swap fees.
Key details:
- veSTELLA position will incentivize MST pool during high efficiency periods
- MST supply remains hard capped with deflationary mechanics
- Previous epoch saw 65,190.43 STELLA accumulated with 97% staked
The strategy leverages vote-escrow mechanics to expand MST liquidity while accelerating long-term supply deflation through carefully designed tokenomics.
MFIP-5 is now live! 🚀 This proposal aims to open an MST-DOT liquidity pool on @StellaSwap (on the @MoonbeamNetwork), leveraging the #veSTELLA treasury and vote-escrow mechanics to expand #MST liquidity and accelerate its long-term supply deflation. 👉 Vote here:
The accumulation of veSTELLA continues — 51,642.10 STELLA have been picked up from the @StellaSwap markets by Meridian contributors. 💎 Want to join the collecting journey? This position will be used to incentivize the MST pool when efficiency is high, as mentioned in the
Over the past epoch, Meridian contributors accumulated 65,190.43 $STELLA, with 97% already staked as veSTELLA on @MoonbeamNetwork. 🔒✨ This move comes in anticipation of the MST-DOT pool going live this epoch. 🚀 Are you ready?
🔥 The MST-DOT pool is now live on @StellaSwap, and the flywheel kicks in strong! Starting Price: 0.075$ Swap Fee: 1% 📉 Remember: MST supply is hard capped. You can track the supply and burns here in this dashboard: meridianfinance.net/mst-stats 🌕 MST is now available on
Meridian contributors are excited to announce the launch of the veSTELLA Treasury! 🌛 We believe in @StellaSwap's continued growth as the leading DEX on @MoonbeamNetwork, and we’re committed to full transparency as we build our veSTELLA position. 🔹 The treasury will be used to
🛡️ LayerCover Insurance Protocol Update
**Meridian provides update on LayerCover**, a parametric insurance marketplace for DeFi. **Key Features:** - Instant claims processing - Single-sided liquidity provision - Pay-as-you-go coverage model **Market Context:** Recent depeg events with $xUSD and $deUSD highlight urgent need for **stronger DeFi security infrastructure**. **Current Progress:** - Team establishing partnerships with industry leaders - Pursuing strategic funding for liquidity scaling - Building awareness in the market **Stakeholder Benefits:** Meridian stakeholders will be **included in early protocol phases** and rewarded for their support. LayerCover aims to make DeFi more secure and trustworthy, helping onboard institutions and larger capital flows into crypto markets.
🔄 StellaSwap Bribing Paused
**StellaSwap bribing strategy update:** - MST-DOT voting gauge bribing **temporarily suspended** - Will resume only when bribing efficiency exceeds 1.0 - **Efficiency above 1** means pool receives more USD rewards than bribe costs This approach ensures stakeholder value isn't diluted through inefficient spending. The team continues monitoring metrics to determine optimal restart timing. *Strategic pause protects community resources while maintaining long-term sustainability.*
Meridian to Attend EthCC Conference
Meridian has announced its participation in the upcoming EthCC (Ethereum Community Conference). The team will be actively networking and exploring potential partnerships during the event. - Focus on building new connections - Seeking partnership opportunities - Open invitation to meet community members This follows their previous successful appearance at ETH Milano, where team members engaged with the Ethereum community. **Want to connect?** Reach out to schedule a meeting during the conference.
Meridian Joins Taraxa Ecosystem, Plans Integration with StorkOracle
Meridian, a decentralized trading platform, has announced its participation in the Taraxa ecosystem. The platform aims to leverage StorkOracle's price feeds following their integration with Taraxa. - Meridian will utilize Taraxa's scalable infrastructure - Integration with StorkOracle's price feeds planned - Focus on enhancing DeFi trading experience The collaboration aims to strengthen Meridian's existing services while benefiting from Taraxa's technological capabilities.