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The live Hifi Finance price today is $0.021442 USD with a 24-hour trading volume of $13,875,289 USD. Hifi Finance is down 4.13% in the last 24 hours. The current CoinMarketCap ranking is #277, with a live market cap of $214,421,696 USD. It has a circulating supply of 10,000,000,000 MFT coins and a max. supply of 10,000,000,000 MFT coins.
Hifi (formerly Mainframe) is a Lending Protocol that allows anyone to borrow against their crypto. Hifi 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, fixed term lending and borrowing — something much needed in decentralized finance today. It is anticipated that a ticker symbol change will occur alongside future iterations on the Hifi Lending Protocol.
Mainframe Token (MFT) is the native utility token that is used for:
What can you do with the Hifi Lending Protocol:
Hifi (formerly Mainframe) launched its token in Q1 2018, with a supply cap of 10B tokens. All tokens have vested and are widely distributed.
Hifi (formerly Mainframe) was founded by Mick Hagen in 2017. Through 2018 and 2019 the team released a decentralized chat application and a decentralized operating system, but both products failed to gain significant traction.
In 2019 the team pivoted into Defi and started working on a decentralized lending and borrowing platform. Mick handed over the role of CEO to Doug Leonard in early 2020. Doug had been working with the company since 2018 with a background in software development and IT security.
Doug rebuilt the team, acquiring the token streaming protocol Sablier, and hiring its founder and developer Paul Razvan Berg as the lead engineer. In February 2021 Mainframe officially rebranded to Hifi.
MFT is available for trading on a growing number of exchanges, with cryptocurrency and stablecoin pairs currently available.
Binance offers the largest amount of liquidity as of February 2021, while Bittrex also offers a Bitcoin (BTC) pair, and Upbit has a KRW pair. MFT can also be purchased on Uniswap V2 for a decentralized option. New to cryptocurrency?
|Hifi Finance Price||$0.02144|
|24h Low / 24h High|
|Volume / Market Cap||0.06471|
|Fully Diluted Market Cap||$214,421,696.04|
|Yesterday's Low / High|
|Yesterday's Open / Close|
|7d Low / 7d High|
|30d Low / 30d High|
|90d Low / 90d High|
|52 Week Low / 52 Week High|
All Time HighApr 03, 2021 (9 days ago)
All Time LowMar 13, 2020 (a year ago)
|Hifi Finance ROI|
|Circulating Supply||10,000,000,000 MFT|
|Total Supply||10,000,000,000 MFT|
|Max Supply||10,000,000,000 MFT|