Enzyme
Name
Enzyme
Summary
Enzyme Finance is an open-source protocol that enables the setup and management of pooled digital assets on-chain.
-It was founded in 2016 by Jenna Zenk and
-Enzyme is an ERC-20 Token and Enzyme belongs to the asset management sector.
Rating
Symbol
MLN
Overview
Melon was rebranded into Enzyme Finance, which is an open source protocol that manages people's digital pooled assets on a chain.
Melon is an Ethereum-based protocol for decentralized on-chain asset management. It claims to be a protocol for people or entities to manage their wealth & the wealth of others within a customizable and safe environment. Melon aims at empowering anyone to set up, manage, and invest in customized on-chain investment vehicles.
Historical Price Movement (in INR)
Technology
The core functionality of the melon protocol is similar to that of a managed fund. A collection of smart contracts are responsible for the asset custody, NAV and various other components a fund has. Instead of having a manager the funds have the blockchain that functions based on the set parameters and protocol that is coced
The Melon protocol runs on the ethereum Block chain, which uses the programming language solidity
Use of Native tokens in the ecosystem: MLN token is widely utilized to support the burn and mint model of the melon protocol.
Token Allocation
NA
Volume (1st May 2022)
$7,202,338
Total Supply
1,824,437 MLN
Circulating supply
2,093,292.02 MLN
Crowd Sales
NA
Funding
NA
Country
Switzerland
Name of Organization
Melon Protocol
Year Incorporated
2016
Registered Address
Industriestrasse 14, 6300 Zug, Switzerland.
Dispute Resolution and Governing Law
Switzerland
Country Risk Assessment
A1
Founding Team
| Name | Designation | Education | Experience |
| Jenna Zenk | Co-Founder & CTO | ESCP Business SchoolMaster 2, Finance Fullstack Academy,Software Engineering |
