GDR #005: Mean Finance | Gasdrop Request

0xged
Wed, 22 Nov 2023 20:59:57 +0000
OGRs - DIA Oracle Grant Requests

0xged

Mean Finance Oracle Gasdrop Request

Project Overview

Project Name: Mean Finance

Project Website: https://mean.finance

Project use case: Decentralized Dollar Cost Averaging

Oracle Use: Allows to onboard new tokens on our decentralized DCA by providing the needed price feeds for assets pricing.

Request for DIA Oracle Gasdrop Program

Our project, Mean Finance, is currently building the go-to platform for decentralized investment tools, fostering responsible and diversified exposure to the emerging crypto asset thesis. We prioritize diversification and prudence in our approach, simplifying users’ investment journey into the future of finance. Our first and flagship product is a decentralized DCA tool that enables users (or protocols) to Dollar Cost Average (DCA) any ERC20 into any ERC20 with their preferred period frequency. Furthermore, users’ will not have to pay the execution gas of the trades, since they will be executed by external market makers. This product it’s already deployed and has been live for quite some time on the Arbitrum network.

We would like to participate in DIA’s Oracle Gasdrop program to fund more token price feeds, which is a must to enable them on our decentralized DCA product. In order to have a better understanding on why price feeds are needed in order to enable tokens on our DCA product, you can check our docs.

We understand that approval of this request requires a vote with more than 50% of YES votes from the holders of Arbitrum, DIA, and our project’s tokens. We are committed to providing any additional information required for the voting process.

Thank you for considering our request.

The Mean Finance team