final video_1 (1).mp4
🌏 Mean Finance
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ℹ️ Intro to Mean Finance - Learn Web3
🐇 **Down the Rabbit Hole**
Mean Finance is the state-of-the-art DCA open protocol that enables users (or dapps) to Dollar Cost Average (DCA) any ERC20 into any ERC20 with their preferred period frequency, without sacrificing decentralization or giving up personal information to any centralized parties. We do all of this by leveraging both Chainlink and Uniswap V3 TWAP oracles.
What they offers to the users and the market makers:
To Users:
- Enhanced protection against the volatility of the markets
- Access to trade which is MEV protected
- Access to gas-less DCA
To Market Makers:
- They may leverage the entire protocol balance for trade execution
- Earn some percentage of fees
- Arbitrage the pools
How does Mean Finance work?
When you set up a position, you are creating an intention to swap one token for the other. Then, some external user can come and execute the swap for you, honoring the desired frequency of course. When they execute your swap, you are charged a 0.6% fee on the amount that was swapped. This fee is then split between Mean Finance and the swapper. Since you don’t have to execute the swap by yourself, you don’t need to pay any gas.
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