Miami, FL, June 20, 2022 – (SEAPRWire) – MeanFi, a permissionless, trustless platform bringing crypto and decentralized finance (DeFi) to everyday banking, has announced the launch of its super convenient and highly anticipated token vesting feature. 

Offering the best exchange rates across the Solana chain, MeanFi employs advanced technology to find the best prices across many decentralized exchanges [DEXes] by improving fees, pricing impact, slippage rates, and routing. Built on Solana, MeanFi promises lower transaction costs, faster throughput, and a remarkably secure system. MeanFi is currently one of the top four DeFi DApps on the Solana chain supported by a Protocol DAO. 

To take things further, MeanFi integrates a hybrid liquidator aggregator capable of generating liquidity from other DEXes like Raydium, Serum, Orca, etc. 

MeanFi guarantees the best prices across an ecosystem of DEXes.

The MeanFi Token Vesting Feature

MeanFi’s decision to build and eventually launch this modern feature aligns with the project team’s long-term plans to address extant sticking points.

In its current form, token vesting and lock features are problem-laden and irritably inconvenient. To access these features, users must create a streaming account, pick a token, fund it, and open numerous locked streams.

MeanFi aims to address this obstacle through its novel vesting feature. It is a simplified, beginner-friendly interface that allows stakeholders to create several token locks easily and vest them using the platform’s advanced money streaming technology—all of this in just a few clicks.

Adopting cutting-edge technology, MeanFi will eliminate this stumbling block, offering prospective customers a simple yet highly secure means to facilitate settlements. Analogized as a music streaming service application, MeanFi seeks to do what tech giant Spotify does to the music industry to money and payment settlement.

Properties of the Mean Token Vesting Product

The MeanFi team employs a ton of innovative features to guarantee a genuinely simple and unrivaled user experience. Its user-friendly nature encompasses all existing aspects of the money-sending process—from creating new streaming vesting accounts to funding and, subsequently, opening the lock streams. 

The primary goal of the MeanFi token vesting product is to provide a convenient, easy, user-friendly tool for decentralized autonomous organizations [DAOs], businesses, protocols, and customers needing an efficient platform to lock tokens. 

MeanFi aims to launch the first milestone of the Mean token vesting feature before the end of the second quarter of 2022, by June 20th, 2022. Once established, this feature will allow users to create unlocked and locked contracts seamlessly. 

Currently, talks are underway to launch the second milestone, which would feature an upgrade of the system. It will enable the creation of over 1,000 locked token streams simultaneously. This new offering will solidify MeanFi’s stance as an ideal project for more giant corporations and groups seeking to share tokens with several people concurrently.

About MeanFi

MeanFi is a permissionless, self-custody, and trustless platform bringing DeFi and crypto to everyday banking. Powered by the Mean Protocol, MeanFi aims to address a pertinent issue in the money market. Through its state-of-the-art feature, token vesting, MeanFi will deliver a platform where users and businesses can conveniently create multiple streaming accounts, fund, and unroll locked accounts.

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