Mean DAO
Crypto Overview
Overview
Mean DAO is a protocol that aims to enable automated DeFi operations through programmable transactions called 'Money Streams.' The platform allows users to automate cryptocurrency payments and investments using their MEAN governance token.
Purpose and Utility
The MEAN token serves multiple functions within the ecosystem: governance rights for protocol decisions, access to premium features, and transaction fee discounts. The platform's core utility revolves around automating DeFi operations and payments.
Business Model Analysis
The protocol generates revenue through transaction fees from automated operations. The business model appears transparent and focuses on providing legitimate DeFi automation services. However, it's important to note that some of the DeFi operations being automated may involve interest-bearing activities.
Development and Adoption
The project maintains active development on GitHub and has established partnerships within the Solana ecosystem. While adoption metrics are modest, there is evidence of genuine utility and ongoing platform improvements.
Token Distribution
The token distribution includes allocations for the team, advisors, and community treasury, with vesting schedules in place to prevent immediate selling pressure. The distribution model appears designed for long-term sustainability rather than short-term profit taking.
Crypto Impact
To assign a comfort level investing in Mean DAO from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Mean DAO.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.