MEANFI, BANKING MADE EASY
Developers have leveraged on the high processing speed of Solana blockchain to create so many dexes. MeanFi, like so many dexes capitalises on the speedy and low congestion Solana Blockchain to build it’s unique product.
Like any other dex, MeanFi came to existence but not with any common idea and it is headed to be the future of DeFi Banking. MeanFi is building and assembling already existing dex products and Blockchain infrastructure necessary to act as the financial equaliser for people and businesses around the globe. MeanFi serves all classes of people and at the same time offer cheap prices. It is important to know that this project is community-driven. Therefore, all decisions to move the product forward is taken by a community led vote.
FEATURES OF MEAN DAO PROTOCOLS
These are the unique features developers can leverage on for their mutual benefit or for complementing each other;
1) Money Streaming Protocol: This is a steady payment with respect to time. Time could be varied from minutes to years. Several use cases such as an employer setting a money stream for his employee, disbursement of allowances to loved ones and so many other situations.
2) The Mean Hybrid Liquidity Aggregator Protocol: the Mean Hybrid Liquidity Aggregator allows users to access $2.1b instant liquidity through top tier AMMs on Solana, like Saber Raydium, Orca, and Mercurial, and it optimizes routing, slippage, pricing impact, and fees. The "hybrid" is as a result of adding serum’s CLOB. This feature makes it difficult for a trader not to use the product for exchange.
3) The Block Tempo Protocol: BTP helps users who already subscribed a program to receive a callback at a particular time. NFTs can leverage this feature when place bids on a particular art.
4) The Decentralized Dollar Cost Average Protocol (DDCA): This tool helps users become great investors by giving us a way to automate our investment without depending on centralised exchanges. Fund management protocols can leverage on this feature.
With these features, MeanFi is creating a new standard for DeFi banking worldwide which is "an accessible, easy-to-use, global, trustless, permissionless, self-custody, censorship-resistant, and super-fast banking experience with super-low, sub-penny transaction fees".
