Meridian Mint Status Update on Taraxa Network
Meridian Mint Status Update on Taraxa Network
🔐 TARA Lockup Hits New High
Latest metrics from Meridian's operations on the Taraxa network show significant activity:
- Locked TARA: 29.8 Million tokens (↑7.8M from December)
- USDM Minted: $33,800 (↓$31,400 from December)
The TARA/USDM liquidity pool continues to demonstrate protocol adoption. View current pool statistics at TaraSwap.
Taraxa Token ($TARA) to List on Tapbit Exchange
Taraxa's native token $TARA is preparing to list on Tapbit Global exchange, providing U.S. investors with direct access to the Taraxa ecosystem. This follows the recent launch of TaraPerps, a leveraged trading platform incubated by Meridian. Key features of TaraPerps: - Up to 50x leverage trading for $TARA & $ETH - Zero-slippage swaps - Built-in referral program - Platform will test Taraxa's TPS capabilities The listing represents a significant milestone for Taraxa's market accessibility.
Meridian Distributes Stablecoin Yield to MST Stakers
Meridian Finance has completed its weekly stablecoin yield distribution to MST token stakers. The protocol continues to strengthen MST's position as a value accrual vehicle through multiple initiatives: - Weekly transparent buybacks achieving ~5% annual deflation of max supply - Partnership deals structured to drive MST market purchases - Staking rewards program for long-term holders - Zero inflation policy with fully unlocked 10M token supply MST is now available on Taraxa network, with documentation updated at [Meridian Docs](https://docs.meridianfinance.net/the-usdmst-token/get-mst-tokens).
MST Staking on Telos Reaches 15% APR with USDM Rewards
Weekly staking rewards for MST on the Telos network are now offering APRs up to 15%, paid in $USDM. The program has seen significant growth, with total locked MST increasing 56% from 351,563 to 548,700 MST ($87,900). Key updates: - Rewards distributed weekly in $USDM - Staking terms: 6-month or 12-month options - Meridian Loyalty Points campaign driving increased participation - First airdrop for eligible wallets coming soon Learn more about the staking program: [Meridian Loyalty Staking Points](https://medium.com/@meridianFinance/meridian-loyalty-staking-points-starting-on-the-telos-network-234ee290c280)
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.