The MELD ecosystem is a game-changer in the world of decentralized finance. It offers users a unique platform that combines the benefits of traditional finance with the flexibility and accessibility of DeFi. With MELD, users can borrow fiat currencies against their crypto assets without having to entrust their funds to a centralized entity. This means that users can access funds quickly and easily, without having to go through the lengthy and often complicated process of obtaining a loan from a traditional financial institution.

The MELD Blockchain is the backbone of the MELD ecosystem. It is built on Avalanche's subnet architecture and Snow consensus mechanism, making it a cutting-edge open-source platform that integrates seamlessly with MELD Finance. This allows users to access a crypto-friendly Neobanking and DeFi experience that is both secure and efficient.

At the heart of the MELD ecosystem is the cross-chain $MELD Token. This token enables seamless migration of tokens from one blockchain to another through burning and minting. This means that users can easily move their tokens between different blockchains, allowing them to take advantage of different DeFi protocols and opportunities.

The LiveQuery feature of Flipside has been used to handle this analysis.

• Used websites for obtaining data by LiveQuery-> https://metrics.avax.network/ and https://subnets.avax.network/

This analysis is divided into two main parts:

• The first part represents the network performance of the MELD subnet in the Avalanche ecosystem:

  • Transactions and blocks-> Latest blocks, Total and daily transactions, Maximum and average transaction per second
  • Fee analysis-> Daily Gas used, Average and maximum gas price
  • Users and contracts-> Active users and addresses, Average transaction per user, Cumulative analysis, Daily total contracts and deployers
  • Validators-> Daily count of Validators and their weight

• The second part represents the analysis related to the $MELD token:

  • First of all the general view related to the $MELD token has been presented by price analysis and trading volume over various blockchains.
  • After a general view, the activity of the $MELD token in the Avalanche network has been investigated.
  • Holders-> Total holders and median of held volume, List of holders and their share from total supply
  • Transfer-> Daily count of transfers, Daily volume of transferred $MELD in USD, Senders and receivers
  • Trade analysis -> General trade indicators (total trade count, volume and unique traders), Buy/Sell investigation on the $MELD token, Popular swap pairs by $MELD token.

• Time period of investigation-> Apr 27, 2023 to current date (Update every 3 hours)

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