MultiversX Tracker is Live!

Automate your DCA strategy with Mean.Finance

Etherum Reddit

More / Etherum Reddit 130 Views

Automate your DCA strategy with Mean.Finance

Hello All - Mean.Finance is a great dapp that can amplify your DCA strategy - here's a How To with screenshots:

1) First choose your DCA strategy. For this example let's convert 15 DAI to WBTC, daily, for 15 days ($225 DAI total)

2) Go to mean.finance and connect your wallet (ensure to use either Optimism, Polygon or Arbitrum for reduced tx fees)

3) Select "Create" along the top:

https://preview.redd.it/rgs8zl4lmfba1.png?210&format=png&auto=webp&s=5aedde66f10993750d8bca0beff8981ad78c27fc

4) As stated in step (1), select DAI to sell, WBTC to receive, input the total $225 DAI (15*15=225), and then enter the period (15 days). Click continue:

https://preview.redd.it/brt6crv5nfba1.png?447&format=png&auto=webp&s=e16615c53e0cb502065c13b3c9ce6e085f298bf6

5) Choose whether you'd like to your DAI and WBTC to earn yield (I would advise to untick this box, to reduce any risk), then click Create position and confirm the tx in your wallet:

https://preview.redd.it/4jhsemtonfba1.png?504&format=png&auto=webp&s=96521123cc71e267899c9e58b106c781c889ce6a

6) After confirmation, click "Positions" along the top. Behold your newly created DCA position. At any time, clicking "Go to position" allows you to withdraw any and all DAI and/or WBTC in the contract. As you can see, the daily swap will execute 8 hours from position creation and, will execute at that time for the remaining days:

https://preview.redd.it/ngmp1tj6ofba1.png?437&format=png&auto=webp&s=70939316c8689313a73cb88650d9feae2309ccaa

Hope this was helpful. If anyone has any info on smart contract audits conducted on Mean Finance, please post in comments and I'll include them in the post.

Cheers

submitted by /u/rainingcrypto
[link] [comments]

Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments