Melon Buy Token

www.melonprotocol.com

Total Value Locked

$1.5M

USD Locked

$1.5M

ETH Supply Locked

1,511.52

Blockchain

Ethereum

Change

1.34%

What is melon?

Melon is an open-source protocol based on the Ethereum blockchain, which allows users to create, manage and invest in decentralized investment funds. The first version of Melon was launched on the core network in early March 2019.

The maintenance and governance of the protocol is handled by the “Melon Council”, a Decentralized Autonomous Organization (DAO), composed of some of the major stakeholders. Prior to the launch, this activity was conducted by Melonport AG. 

The Melon Council is responsible for all future decisions, such as protocol updates for example, and its operation is fully transparent to the community; it is possible to consult its progress in real-time in the dedicated section of AragonOS.

The board is composed of a part called MTC, Melon Technical Council, which provides technical expertise, and another part that allows users to take part in decision-making processes, called MEB, which stands for Melon Exposed Businesses. 

Its native token, MLN, is used to pay gas fees for all asset management transactions. Through mechanisms using the Smart Contracts of the Melon protocol, the MLN token is “burned” after use, thereby reducing supply as the demand increases.

It is worth mentioning that the network inflation protocol is set at 360,000 tokens per year.

How to use melon?

Each decentralized fund can be composed with different ERC20 tokens that Melon makes available within its ecosystem, among which, in addition to its MLN token, there are also MKR, WETH, WBTC, DAI, USDC etc. 

To propose the addition of a token to Melon's supported assets, users can contact the team via email at [email protected]

The total transparency of the platform allows each user to keep track of the performance of all funds. In addition, each trader has the possibility to create an investment fund and reveal the profitability of their portfolio, thus attracting more investors.

Melon Historical Stats

  • Date
  • TVL (USD)
  • TVL Change
  • Total ETH Locked
  • ETH Locked 1d
  • 05 Aug 2020
  • TVL USD $1,466,440
  • TVL Change $7,958.00
  • Total ETH Locked 1,513 ETH
  • ETH Locked 1d -8.64 ETH
  • 04 Aug 2020
  • TVL USD $1,458,482
  • TVL Change $49,084.00
  • Total ETH Locked 1,521 ETH
  • ETH Locked 1d -34.49 ETH
  • 03 Aug 2020
  • TVL USD $1,409,398
  • TVL Change $-59,186.00
  • Total ETH Locked 1,556 ETH
  • ETH Locked 1d -4.29 ETH
  • 02 Aug 2020
  • TVL USD $1,468,584
  • TVL Change $99,232.00
  • Total ETH Locked 1,560 ETH
  • ETH Locked 1d 9.41 ETH
  • 01 Aug 2020
  • TVL USD $1,369,352
  • TVL Change $43,957.00
  • Total ETH Locked 1,551 ETH
  • ETH Locked 1d 19.57 ETH
  • 31 Jul 2020
  • TVL USD $1,325,395
  • TVL Change $32,759.00
  • Total ETH Locked 1,531 ETH
  • ETH Locked 1d -2.22 ETH
  • 30 Jul 2020
  • TVL USD $1,292,636
  • TVL Change $18,573.00
  • Total ETH Locked 1,533 ETH
  • ETH Locked 1d -5.83 ETH
  • 29 Jul 2020
  • TVL USD $1,274,063
  • TVL Change $11,611.00
  • Total ETH Locked 1,539 ETH
  • ETH Locked 1d 5.02 ETH
  • 28 Jul 2020
  • TVL USD $1,262,452
  • TVL Change $33,817.00
  • Total ETH Locked 1,534 ETH
  • ETH Locked 1d -55.19 ETH
  • 27 Jul 2020
  • TVL USD $1,228,635
  • TVL Change $25,676.00
  • Total ETH Locked 1,589 ETH
  • ETH Locked 1d -62.35 ETH
  • 26 Jul 2020
  • TVL USD $1,202,959
  • TVL Change $25,447.00
  • Total ETH Locked 1,652 ETH
  • ETH Locked 1d 0.67 ETH
  • 25 Jul 2020
  • TVL USD $1,177,512
  • TVL Change $14,366.00
  • Total ETH Locked 1,651 ETH
  • ETH Locked 1d 84.98 ETH
  • 24 Jul 2020
  • TVL USD $1,163,146
  • TVL Change $20,033.00
  • Total ETH Locked 1,566 ETH
  • ETH Locked 1d -1.56 ETH
  • 23 Jul 2020
  • TVL USD $1,143,113
  • TVL Change $36,310.00
  • Total ETH Locked 1,567 ETH
  • ETH Locked 1d -33.19 ETH
  • 22 Jul 2020
  • TVL USD $1,106,803
  • TVL Change $29,251.00
  • Total ETH Locked 1,601 ETH
  • ETH Locked 1d 17.49 ETH
  • 21 Jul 2020
  • TVL USD $1,077,552
  • TVL Change $-19,255.00
  • Total ETH Locked 1,583 ETH
  • ETH Locked 1d 2.89 ETH
  • 20 Jul 2020
  • TVL USD $1,096,807
  • TVL Change $5,384.00
  • Total ETH Locked 1,580 ETH
  • ETH Locked 1d -1.95 ETH
  • 19 Jul 2020
  • TVL USD $1,091,423
  • TVL Change $16,119.00
  • Total ETH Locked 1,582 ETH
  • ETH Locked 1d -17.10 ETH
  • 18 Jul 2020
  • TVL USD $1,075,304
  • TVL Change $7,988.00
  • Total ETH Locked 1,599 ETH
  • ETH Locked 1d 4.81 ETH
  • 17 Jul 2020
  • TVL USD $1,067,316
  • TVL Change $4,574.00
  • Total ETH Locked 1,595 ETH
  • ETH Locked 1d 37.14 ETH