Mean Finance is now on Moonbeam!

Balmy
3 min readMar 12, 2024

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Those who have already been in the ecosystem for some time may know that navigating the world of crypto investments can be daunting. However, in a market often dominated by hype and speculation, there’s a strategy that we the Meaners know and stands the test of time: Dollar Cost Averaging (DCA).

Instead of trying to time the market, now the Moonbeam community can DCA like never before with Mean Finance: our tool allows users to steadily accumulate assets over time, regardless of short-term price fluctuations. It’s a simple yet powerful approach that promotes discipline and minimizes the impact of market volatility.

Why Moonbeam?

The answer lies in its compatibility, scalability, and community-driven ethos. Moonbeam is the EVM-compatible chain from Polkadot that opens new horizons for DeFi as it was built to integrate with Ethereum’s ecosystem seamlessly.

Developers and users alike can find a familiar environment with enhanced interoperability in Moonbeam thanks to some of its unique features, including on-chain governance and parachain architecture. For all this, we believe that this integration is set to become a significant achievement for the DeFi landscape in the Polkadot ecosystem, facilitating a new wave of innovation and accessibility.

Empowering the Community

At Mean Finance, our mission is clear: to make finance seamlessly accessible to all while prioritizing user security and convenience. With our DCA feature integrated into Moonbeam, users can access a streamlined investment experience that prioritizes simplicity, security, and flexibility.

Whether it’s setting up recurring investments in $GLMR, $DOT, or other tokens, our platform ensures that users can execute their investment strategies with ease, free from the shackles of constant monitoring or active trading.

Elevating DCA Features

Our DCA feature goes beyond just automating investments — it revolutionizes the way users engage with their finances. With a simple and intuitive interface, users can customize their investment parameters and set up recurring buys in just a few clicks. Moreover, our platform offers advanced features such as yield generation, allowing users to maximize their returns while staying true to their long-term investment goals (🔜 in Moonbeam 👀).

With the ability to combine DCA & Yield together, we’re paving the way for a more inclusive and accessible financial future. The steps are quite simple:

  1. Choose the blockchain to use → Moonbeam
  2. Choose the token you want to sell
  3. Choose the token you want to buy
  4. Define the total amount you want to sell
  5. Choose the time frame to divide that sale
  6. Enjoy DCAing without the need for constant monitoring 😉

Next steps

As we embark on this journey with Moonbeam, we envision a future where decentralized finance is truly accessible to all. By harnessing the power of DCA and integrating it with its innovative blockchain technology, we’re not just building a platform but redefining the investment paradigm for the Polkadot community, empowering individuals to take control of their financial futures like never before. Welcome to the future of finance. Welcome to Mean Finance on Moonbeam.

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Balmy

Balmy is your home for accessing the world of decentralized finance as it was meant to be: safe, open, and intuitive.