User:Joelojuri/sandbox

MeanDi
MeanFi is a trustless and 'permissionless' banking application built on Solana Blockchain. The Web application is built to introduce Cryptocurrency and DeFi to everyday banking with further implementation of a Decentralized Exchange (DEX).

On the 29th November, The DAO for MeanFi raised $3.5 million funding round to boost Solana’s decentralized finance (DeFi) ecosystem with a protocol for money streaming, a service that automates payment and banking workflows and allows for flexible payment schedules. Users deposit funds through direct deposits from bank accounts, Credit Cards or through a Cryptocurrency exchange. MeanFi uses a set of rules and smart contracts that helps facilitate everyday banking operations called Mean Protocol.