Mainframe price today is $0.001901 USD with a 24-hour trading volume of $1,531,388 USD. Mainframe is up 2.96% in the last 24 hours. The current CoinMarketCap ranking is #385, with a market cap of $17,846,534 USD. It has a circulating supply of 9,386,552,599 MFT coins and the max. supply is not available. You can find the top exchanges to trade Mainframe listed on our crypto exchanges page.
Mainframe aims to offer fixed-rate borrowing against crypto, giving users instant liquidity to multiply their investment.
The Mainframe Lending Protocol allows anyone to borrow against their crypto by leveraging collateral assets approved by Mainframe Governance. Mainframe uses a bond-like instrument, representing an on-chain obligation that settles on a specific future date. Buying and selling the tokenized debt enables fixed-rate lending and borrowing — something much needed in decentralized finance today. Mainframe Governance is the community organized process of managing the various aspects of the Lending Protocol. Unique to the Mainframe Lending Protocol is the liquidation mechanism, rehypothecation of collateral accounts, and an incentivization layer powered by staking the Mainframe Token (MFT). The system avoids unnecessary sell pressure during liquidations. Together, the strategies for rehypothecation, liquidation, and settlement enable lower collateral requirements and allow for a more efficient increase in leveraged exposure to base assets.
Since late 2017, Mainframe has sizeable communities supporting its mission of economic freedom and financial access. Mainframe is backed by the likes of ArringtonXRP, NEO Global Capital, FBG, Shapeshift's Erik Voorhees, ICON's Min Kim, Ethereum's Gavin Wood, and Zilliqa's Xinshu Dong.
|Mainframe Price||$0.001901 USD|
|Market Cap||$17,846,534 USD|
|24 Hour Volume||$1,531,388 USD|
|Circulating Supply||9,386,552,599 MFT|
|Total Supply||10,000,000,000 MFT|
|Max Supply||No Data|
|All Time High|
(Jul 09, 2018)
|All Time Low|
(Mar 13, 2020)
|52 Week High / Low|
$0.004183 USD /
|90 Day High / Low|
$0.004183 USD /
|30 Day High / Low|
$0.003275 USD /
|7 Day High / Low|
$0.002083 USD /
|24 Hour High / Low|
$0.001921 USD /
|Yesterday's High / Low|
$0.001945 USD /
|Yesterday's Open / Close|
$0.001774 USD /
|Yesterday's Change||$0.000039 USD (2.18%)|
|Yesterday's Volume||$2,511,564 USD|