MEAN Tokenomics

What is the MEAN token?
MEAN is the governance token of the Mean DAO. It is a token deployed on the Solana Blockchain as an SPL Token for the purposes of governing the Mean DAO. It allows those who hold it to vote on changes to the Mean DAO Protocols and Roadmap, as well as share part of the profits generated by the DAO. 
Symbol: $MEAN
Type: Solana SPL Token
Total Supply: 210,000,000 
Mint Date: Dec 24th 2021
Purpose: Governance
Allocations & Distributions
Community & Rewards (70%) 
The lion's share of MEAN tokens will go to the community. We want Mean DAO to be owned and run by the community that is invested in the Mean DAO and Mean Protocol projects. Below is the breakdown of how MEAN tokens will be distributed to the community.
→ Community Treasury (40%)
These are MEAN tokens owned by the community. The community can vote on how to use these tokens.
The Community Treasury will have a stepped linear vesting schedule at every Solana block over a period of 3 years, starting on the Token Generation Event in line with the schedule below:
Year 1: 50% of the treasury tokens vested
Year 2: 30% of the treasury tokens vested
Year 3: 20% of the treasury tokens vested
→ Initial Rewards & Incentivized Programs (30%)
This program will run for a period of 3 years from TGE and will cover
1.Retroactive rewards (for Airdrop and Pre-TGE incentives)
2.Staking Rewards (first-year funding) 
3.Liquidity mining programs (first-year funding)
Liquidity mining will be run through the rewards portal, and directly through the AMM where the liquidity is provided. These are likely to be a moving target as different collaborations are finalized with the different Solana AMMs, but it is very likely things like Orca and Raydium pools and farming rewards will be included on a long-term basis. 
Team & Advisors (20%) 
Team allocations are set aside for founding team members. They provide direction to the network in its early stages and maintain and upgrade the codebase following governance votes. 
Team & Advisor allocations have a waiting period of 6 months after TGE, are vested over 48 months linearly, and can be stopped by governance votes if the team does not perform accordingly.
Token Sale (10%) 
Use of Funds:
1.Bootstrapping Liquidity → That. Depth TBD, but no less than $250k.
2.Contract Auditing → This is an expensive process we must go through as it is an expectation from the industry at this point.
3.Growth/Marketing Dedicated Staff → There’s a heavy education and content component on the approach we need to take to grab the market’s attention.
4.Development → We have an extensive roadmap and we need additional help with product development resources. We need to fund the devs to let them focus on building without stress for a good 18 months. 
5.Partnerships → Getting listed in CEXes and penning partnerships.
Liquidity & Utility
Token Holders
Here's an overview of the benefits for MEAN token holders that go well beyond Voting Power on the DAO's improvement proposals.
Mean Power
Mean Power represents the amount of MEAN a user holds in their account address and throughout different protocols in Solana. The greater your Mean Power, the greater your say is in protocol governance decisions.
Staking
Mean staking rewards include emission incentives plus a share of the protocol revenues, and can be boosted using locking periods. 
How to stake MEAN?
When you stake MEAN you receive sMEAN in return. sMEAN represents a claim on MEAN staked in the staking vault. sMEAN is an SPL token and is movable, and tradable, making MEAN staking a fully liquid staking solution. 
The amount of sMEAN you receive when stake MEAN is calculated based on the price difference between sMEAN and MEAN. The price of sMEAN is determined by the total MEAN in the pool over and above the amount that has been staked. This price will grow as more emissions and fee revenue are deposited into the staking vault.
Claiming staking rewards
MEAN Staking is a liquid form of staking, lide Lido, or Marinade. When you stake mean and receive unlocked sMEAN, you do not need to 'claim' your rewards as they will be distributed to you when you unstake. On top of getting back the MEAN you staked, you will also receive a share of the fees and emissions added to the staking vault (as extra MEAN). The longer you leave your MEAN staked, the more MEAN you will make.
Locking my MEAN Stake
In an upcoming release of the MEAN staking program, the DAO plans to offer locking periods you can use to boost your rewards. Staking MEAN will then involve locking your tokens for a predetermined amount of time in the Mean Protocol. 
MEAN holders lock their MEAN for two reasons, to boost their Mean Power or to boost their share of the protocol’s dividends. There are both short and long locking time-frames from 7 days to 4 years to choose from. The longer a user locks their MEAN tokens, the larger the boost they receive in rewards and Mean Power. While your tokens are locked, they cannot be unlocked or transferred by users. Please be mindful of this and plan accordingly to navigate market conditions. 
Distributions
If you stake and lock your MEAN for 30 days or more, you become eligible to Mean Protocol dividends that are paid in MEAN and distributed automatically every Wednesday.
The protocol distributes 40% of the revenues allocated to the repurchase program directly to MEAN stakers in the form of dividends. The distribution is relative to how many MEAN tokens each user has staked as a percentage of the entire MEAN stake. The larger your percentage the larger your dividend allocation. 
A snapshot is taken every Sunday to calculate how the week’s distribution will be shared. Revenue is then distributed the following Wednesday via the rewards page.
To ensure the long-term health of the Mean DAO and the tokenomics of the MEAN governance token, we have in place from day one a MEAN Repurchase Program. The program provides further alignment and upwards price pressure of the MEAN token by creating a closed feeding cycle between revenues and MEAN token holders. 
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FAQs
How can I get MEAN tokens?
Buy it using USD/EUR directly on MeanFi using the deposit function.
Buy it at an exchange:
On MeanFi: https://app.meanfi.com/exchange?from=USDC&to=MEAN​
On Gate.io: https://www.gate.io/trade/MEAN_USDT 
On MEXC: https://www.mexc.com/exchange/MEAN_USDT​
Earn it by participating in one of the incentive programs of the DAO.
Get as part of your refund fees for activities performed on MeanFi. 
Exchange it with other people (P2P) directly.
What can I do with MEAN?
Vote on the future of the Mean DAO operations and Mean Protocol roadmap through Mean Improvement Proposals (MIPs) 👉 See Voting. Beyond voting on the Mean DAO, you should explore the token utility page for details on how to maximize the use of your MEAN tokens. 
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Governance
Proposals & Voting
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What is the MEAN token?
Allocations & Distributions
Community & Rewards (70%)
Team & Advisors (20%)
Token Sale (10%)
Liquidity & Utility
Token Holders
Mean Power
Staking
Distributions
FAQs
How can I get MEAN tokens?
What can I do with MEAN?