
Meanfi (MEAN)
Key data
updated $0Meanfi (MEAN) is the token of Mean, a self-custodial banking platform built on the Solana blockchain — often described as a "crypto bank" for everyday use. The project aims to bridge traditional banking features with decentralized finance, letting users save, spend, and invest crypto without giving up control of their funds. MEAN serves as the platform's utility and governance token.
Frequently asked questions
What is Meanfi and how is it different from a regular bank?
Meanfi is a self-custodial financial app on Solana that mimics everyday banking — deposits, recurring purchases, payments — but without an intermediary holding your money. Unlike a traditional bank, you keep full control of your assets through your own wallet, and all operations run on smart contracts. The trade-off is that you, not an institution, are responsible for your keys.
How does Meanfi work technically?
The platform runs on the Solana blockchain, which uses a Proof-of-Stake consensus (with its Proof-of-History optimization) to process transactions quickly and cheaply. MEAN is an SPL token, Solana's equivalent of the ERC-20 standard on Ethereum. Smart contracts handle the automation, such as dollar-cost-averaging into tokens over time.
How is the MEAN token supply structured?
MEAN has a fixed maximum supply, with tokens distributed across community incentives, the team, investors, and ecosystem development, typically vesting over several years. A portion of fees generated by the platform can flow back to the ecosystem. For exact current circulating figures, check live market data rather than static articles.
How can I store and use MEAN?
Since MEAN is an SPL token, any Solana-compatible wallet works — Phantom and Solflare are the most popular options, available as browser extensions and mobile apps. Within the Mean platform, the token is used for governance voting and platform utilities. Always keep your seed phrase offline and never share it with anyone.