Key Points:
- Decentralized DCA protocol Mean Finance announced it’s live on Ethereum. Users can swap one ERC-20 token for another with a preferred frequency.
- Mean Finance on Ethereum supports ETH, WBTC, USDC, and DAI. Users can also choose to invest through DCA while depositing their assets into Euler Finance to earn yields.
- THe protocol will slowly but certainly work with intriguing projects in the near future to open up new return sources and investment opportunities.
The decentralized DCA (Dollar Cost Average) protocol Mean Finance is already operational on Ethereum. Users can choose the frequency at which they exchange one ERC-20 token for another.
Mean Finance on Ethereum currently accepts ETH, WBTC, USDC, and DAI. Additionally, users have the option to deposit their money with Euler Finance in order to earn rewards while investing through DCA.
It will slowly but certainly work with intriguing projects in the near future to open up new return sources and investment opportunities.
Mean Finance is the state-of-the-art DCA open protocol that enables users (or dApps) to DCA any ERC20 into any ERC20 with their preferred period frequency without sacrificing decentralization or giving up personal information to any centralized parties.
DCA is a tool an investor can use to build savings and wealth over a long period while neutralizing the short-term volatility in the market.
The purchases occur regardless of the asset’s price and at regular intervals. In effect, this strategy removes much of the detailed work of attempting to time the market in order to make purchases of assets at the best prices.
The protocol is designed in such a way that users get protection against volatility while market makers are well-incentivized to execute the trades.
Users can get protection against market volatility, MEV-protected trades, and gas-less DCA. Market makers can leverage the whole protocol balance to execute the trade, earn a percentage of the fees, and arbitrage the Mean Finance pool.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
Coincu News
Author
DeFi
DCA Protocol Mean Finance Live On Ethereum
Key Points:
- Decentralized DCA protocol Mean Finance announced it’s live on Ethereum. Users can swap one ERC-20 token for another with a preferred frequency.
- Mean Finance on Ethereum supports ETH, WBTC, USDC, and DAI. Users can also choose to invest through DCA while depositing their assets into Euler Finance to earn yields.
- THe protocol will slowly but certainly work with intriguing projects in the near future to open up new return sources and investment opportunities.
The decentralized DCA (Dollar Cost Average) protocol Mean Finance is already operational on Ethereum. Users can choose the frequency at which they exchange one ERC-20 token for another.
Mean Finance on Ethereum currently accepts ETH, WBTC, USDC, and DAI. Additionally, users have the option to deposit their money with Euler Finance in order to earn rewards while investing through DCA.
It will slowly but certainly work with intriguing projects in the near future to open up new return sources and investment opportunities.
Mean Finance is the state-of-the-art DCA open protocol that enables users (or dApps) to DCA any ERC20 into any ERC20 with their preferred period frequency without sacrificing decentralization or giving up personal information to any centralized parties.
DCA is a tool an investor can use to build savings and wealth over a long period while neutralizing the short-term volatility in the market.
The purchases occur regardless of the asset’s price and at regular intervals. In effect, this strategy removes much of the detailed work of attempting to time the market in order to make purchases of assets at the best prices.
The protocol is designed in such a way that users get protection against volatility while market makers are well-incentivized to execute the trades.
Users can get protection against market volatility, MEV-protected trades, and gas-less DCA. Market makers can leverage the whole protocol balance to execute the trade, earn a percentage of the fees, and arbitrage the Mean Finance pool.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
Coincu News
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