MELD To Unveils Staking on Mainnet Next Week

The much-anticipated launch of staking services on MELD is just around the corner. This development is a significant milestone, as MELD prepares to bring its staking services to the mainnet next week. This upcoming launch, a pivotal point in MELD’s journey, is the culmination of a rigorous and successful end-to-end (E2E) internal testing phase, encompassing both liquid and locked staking options.

MELD’s approach to staking is distinguished by its comprehensive testing and development process. The MELDapp Web, a critical component of this ecosystem, has undergone rigorous testing, including the integration of several assets, such as stablecoins, into the MELD testnet network, known as Kanazawa. This was an essential step in the development and testing of their intricate Lending & Borrowing protocol.

The MELDapp Mobile has also seen significant advancements. The team has integrated a new, refactored dashboard into the main app, enhancing both its aesthetic appeal and functionality. This update also involved cleaning up old or unused code from previous implementations, fixing typographical errors in error overlays, resolving crash issues in the line chart for newly created wallets, and updating the balance card performance value formatting. Additionally, they’ve introduced a success toast to the change passcode flow, updated the main Overview balance card design, and improved the reliability of the new dashboard widgets.

In the realm of application development, MELD has made substantial strides. They’ve deployed staking contracts locally for subgraph development, written OpenAPI specs for staking endpoints, and added a Docker build for deploying the staking subgraph. The team has also implemented mappings for all MELD staking contracts, generated a staking subgraph schema to query subgraph data, and implemented APIs to query staking data, including global information, nodes, stakers, staking tiers, and epochs.

Significant progress has also been made in the infrastructure sector. MELD has deployed the mainnet Cardano node and the mainnet Kupo indexer, along with new backend production services. They’ve upgraded their Sonarqube service to the latest stable version and configured and deployed infrastructure for the faucet in both development and staging environments. Furthermore, MELD has set up a GitHub workflow for the automatic build and deployment of the staking admin.

These developments represent a comprehensive overhaul of MELD’s offerings, positioning it at the forefront of the DeFi space. The upcoming launch of staking on the mainnet is not just a technical achievement but a testament to MELD’s commitment to continuous improvement and innovation. As MELD enters this new phase, it solidifies its place as a key player in the world of decentralized finance, offering users a more robust, secure, and user-friendly experience.

 

 

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Maria Irene
Maria Irenehttp://ledgerlife.io/
Maria Irene is a multi-faceted journalist with a focus on various domains including Cryptocurrency, NFTs, Real Estate, Energy, and Macroeconomics. With over a year of experience, she has produced an array of video content, news stories, and in-depth analyses. Her journalistic endeavours also involve a detailed exploration of the Australia-India partnership, pinpointing avenues for mutual collaboration. In addition to her work in journalism, Maria crafts easily digestible financial content for a specialised platform, demystifying complex economic theories for the layperson. She holds a strong belief that journalism should go beyond mere reporting; it should instigate meaningful discussions and effect change by spotlighting vital global issues. Committed to enriching public discourse, Maria aims to keep her audience not just well-informed, but also actively engaged across various platforms, encouraging them to partake in crucial global conversations.

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