Coinmonks
Published in

Coinmonks

MEAN FINANCE: GOOD REASONS TO START USING MEAN Dapp

For personal use and crypto investors:

Staking and earning passive income:

You can make passive income by simply buying the MEAN token on an exchange such as Gate.io and then staking it in order to gain more MEAN tokens.

MultiSig wallets:

Contrary to banks and centralized cryptocurrency exchanges, Dapps like MeanFi allow their users full custody of their assets while using their services. In fact, MeanFi ensures that its users funds are well-protected against any attacks by offering the MultiSig feature.

User-friendly:

MeanFi has one of the simplest user interfaces among DeFi projects. The team behind Mean Finance worked hard to make the website as easy to browse and use as any traditional banking service. This makes MeanFi a perfect starting point in any newbie’s journey to discover web3 Dapps and protocols.

DEX Aggregator:

MeanFi has partnered with the Jupiter liquidity aggregator, which is the “king” of liquidity aggregators within the Solana ecosystem. This partnership allows MeanFi users to swap their tokens for the best prices across various DEXs and liquidity pools.

Decentralized Dollar Cost Averaging (DDCA):

DCA (Dollar Cost Averaging) is a popular technique among crypto investors that helps them mitigate risk. In essence, users of this investment strategy will buy fixed amounts of a cryptocurrency on a regular basis instead of going “all in” and risking their capital because of the high volatility in the market.

For Teams, businesses, and organizations:

Money streaming:

As opposed to the traditional approach used by business owners, in which employees get paid a salary at the end of the month, MeanFi believes that “a second worked is a second earned”. In fact, MeanFi gives its users the possibility of making money streams.

Token vesting:

MeanFi has built what can be considered the best way to make a token vesting on Solana. Crypto projects can use the Dapp’s vesting dashboard to send SLP tokens for their investors, community, or team members. The smart contract behind the vesting dashboard was double audited for maximum security.

Final thoughts:

Mean Finance is revolutionizing the banking services. Built on the Solana blockchain, The Dapp is consistently building more solutions to bring financial freedom for people and businesses all around the globe.

New to trading? Try crypto trading bots or copy trading

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Firas Ben Jazia

Freelance crypto content writer. I help crypto blogs and projects grow their audience. Follow me for more insights about what crypto projects are building.