Introducing Meridian, an innovative decentralized financial trading platform fusing interest-free stable coin lending, leveraged trading, and zero-slippage swaps in one integrated environment.

Core Features of Meridian:

1. Meridian Mint: A cutting-edge, governance-free borrowing protocol, Meridian Mint facilitates users to secure interest-free loans against whitelisted collateral such as ETH. Loans are disbursed in USDM, a stablecoin pegged to the USD.
2. Meridian Trade: Operating within the broader Meridian suite, this platform is tailored for leveraged DeFi trading. A preferred derivative trading medium, it lets investors make educated guesses on crypto asset price variations like ETH and USDM without owning them. The margin-based framework amplifies exposure to the markets, with both leveraged trading and zero slippage swaps, courtesy of a multi-asset liquidity pool.
3. Stablecoin - USDM: Central to Meridian's operations is USDM, a USD-pegged stablecoin. Employing "hard peg mechanisms" ensures USDM maintains its peg through direct processes like the possibility to redeem USDM for ETH at face value. "Soft peg mechanisms" further stabilize USDM, including the borrowing fee on new loans and treating USDM as equal to USD.

Meridian's Distinct Advantages:

• 0% Interest on Loans: Borrowers can retain USDM indefinitely without the burden of accruing interest.
• Maximized Leverage: Engage in trading with a staggering 50x leverage.
• Optimized Capital Efficiency: With ETH as collateral, maintain only a minimum 110% collateral ratio.
• Profitable Staking: Earn ETH and USDM by staking the Meridian Stability Token (MST) in the dedicated Staking Pool.
• Reward System: Earn MST by fortifying the protocol via the Stability Pool or by providing liquidity to the ETH-USDM pool.
• Decentralization & Security: Birthed as a direct fork of the renowned GMX protocol, Meridian ensures safety by retaining the same smart contract codebase. For transparency, all contracts are fully verified and accessible on sourcify.
• Zero Governance: Free from human intervention, the protocol is entirely algorithm-driven, with parameters set during contract deployment.
• Censorship Resistance: By allowing access to its base contracts by diverse third parties, Meridian remains unyielding to censorship, promising uninterrupted services.

The Vision Behind Meridian:

In the crypto realm, while assets like Bitcoin paved the way for decentralized, self-custodial ownership, their price volatility impeded their daily transactional utility. The vast pool of stable-value assets, predominantly centralized fiat-backed stablecoins, needed an innovative shake-up. Meridian answers this call. By being capital efficient and completely free of governance, it pioneers a more decentralized and user-centric method to borrow stablecoins.

Join the revolution. Experience the future of decentralized finance with Meridian.