The DEGA & MELD ISPO: Launch Information & REWARDS

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DEGA Official Blog

4 min readMar 1, 2024

Get ready for a fun, new, and surprising phase of the DEGA Multichain ISPO! This is a unique opportunity for crypto enthusiasts from the MELD ecosystem to support DEGA. As a multichain ISPO, anyone who wishes to participate can delegate a variety of tokens to DEGA stake pools and start earning DEGA tokens in an industry first! But in this case, we’re launching with MELD.

On FRIDAY, MARCH 8TH, we will launch on the MELD BLOCKCHAIN. The MELD ISPO will continue for 37 MELD epochs until MELD epoch 45, ending MONDAY, SEPTEMBER 9, 2024 or if we exhaust the $DEGA supply allocated to MELD, whichever comes first.

Detailed Instructions on how to find and participate in the DEGA ISPO for MELD will be communicated on FRIDAY, MARCH 8TH.

IMPORTANT: Be sure to ONLY get your information from DEGA on official DEGA channels. Slow down. Be vigilant. Ask questions. Bad actors may try to divert you by masquerading as DEGA.

DEGA ISPO Important Information for MELD

In this phase of the DEGA ISPO, participants can delegate any amount of $MELD to DEGA’s MELD Stake Pool for any chosen duration of the offering.

Rewards on MELD are calculated every 1 MELD epoch and $DEGA token rewards will be assigned approximately 1 hour after the MELD epoch period ends.

DEGA MELD ISPO High-Level Overview

We have allocated 9,375,000,000 $DEGA or 25% + Bonuses of our total supply for the ISPO across all included chains
Of this total amount, a cap of 2,343,750,000 $DEGA has been allocated for the MELD Stake Pool
There is no minimum amount as a limit to participate in the ISPO
There is no maximum amount set as a limit to participate in the ISPO
Rewards will be calculated every ONE MELD EPOCH (5 days)
$DEGA will be distributed to you as part of the Token Generating Event (TGE)
$DEGA rewards will be visible in a DEGA-provided dashboard for the duration of the ISPO leading up to the TGE
10% of $DEGA rewarded will be available at TGE with the remainder vesting over an eight (8) month period

DEGA MELD ISPO Rewards | MELD Stake Pool

There will be ONE (1) MELD stakepool, which offers ratios of $MELD/$DEGA for delegators. 100% of proceeds will be rewarded to DEGA while the participant receives rewards in $DEGA tokens.

We will keep you notified if or when a new MELD stake pool is available.

DEGA1: DEGA ISPO 100% Pool | MELD

MELD stakepools offers a variety of lock-up options to meet your needs as a delegator.

NOTE: USD figures are rounded to 2 decimal places.

LIQUID OPTION

You will be rewarded 0.41 $DEGA per each ONE (1) $MELD delegated for the 37 epochs as a base reward
EXAMPLE: If you stake 100,000 $MELD per 37 epochs, you will receive 40,902.74 $DEGA as the base reward

6 MONTH LOCK UP

You will be rewarded 0.50 $DEGA per each ONE (1) $MELD delegated for the 37 epochs as a base reward
EXAMPLE: If you stake 100,000 $MELD per 37 epochs, you will receive 50,026.03 $DEGA as the base reward

1 YEAR LOCK UP

You will be rewarded 0.75 $DEGA per each ONE (1) $MELD delegated for the 37 epochs as a base reward
EXAMPLE: If you stake 100,000 $MELD per 37 epochs, you will receive 75,039.04 $DEGA as the base reward

5 YEAR LOCK UP

You will be rewarded 1.55 $DEGA per each ONE (1) $MELD delegated for the 37 epochs as a base reward
EXAMPLE: If you stake 100,000 $MELD per 37 epochs, you will receive 154,715.75 $DEGA as the base reward

See below for additional bonuses available for the MELD ISPO.

DEGA ISPO Token Bonuses | MELD

DEGA will be providing $DEGA token bonuses under specific conditions. (See Fig 1: Elements Bonus Table for more details.)

DEGA Elements Bonus: DEGA Elements will issue you an additional bonus per epoch delegated.

PLEASE NOTE: ELEMENTS BONUSES ARE STACKABLE. THE MORE ELEMENTS YOU HAVE ASSOCIATED WITH YOUR STAKING WALLET, THE HIGHER YOUR BONUS.

You can get DEGA Elements here: https://realms.degaplatform.com/

You can learn more about the Elements Collection here: https://www.dega.org/elements

Participate in Our Vision for a Better Web3

DEGA empowers anyone to project their creativity into the digital economy.

We build open software tools and solutions for creatives, which abstract all of the complexities of blockchain development. By using DEGA, anyone can evolve into a Web3 game developer in minutes.

We can’t wait to see what the future holds for DEGA, and the broader blockchain industry. Keep an eye out for updates on our progress and exciting announcements regarding our products, partners, upcoming collaborations, and our ISPO!

We’re looking forward to your participation, so join DEGA’s socials to learn more about our ISPO and prepare to engage in the future of gamified fundraising!

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