TechFlow reports, Ken Olling, founder and CEO of MELD, a lending protocol based on Cardano, has refuted rumors about leaving the Cardano ecosystem and clarified the project's next key milestones.
Olling stated that MELD is building its own Layer 1 sidechain in parallel with services on Cardano. Currently, the team is undergoing
a third-party security audit of its technical design organized by Vacuum Labs. This means researchers are stress-testing MELD’s multi-signature system on Cardano (ADA). Additionally, it was announced that MELD will collaborate directly with Input Output Global, one of the entities behind Cardano.
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