Mainframe priceMFT#5358
3.38% (24h)
Mainframe to USD Chart
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Mainframe statistics
- Market cap
- $2.11M
0%
- Volume (24h)
- $0.6223
5.96%
- Vol/Mkt Cap (24h)
- 0.00002899%
- FDV
- $2.11M
- Liq/Mkt Cap
- 0.05%
- Total supply
- 10B MFT
- Self-reported circulating supply
- 10B MFT
- Holders
- 21.71K
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What Is Hifi Lending Protocol (MFT)?
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:
- Governance votes
- Staking to ensure the safety of the protocol
- Rewarding contributors to the ecosystem
What can you do with the Hifi Lending Protocol:
- Borrow: Lock collateral in a vault to mint fixed-rate, fixed-term debt tokens. These debt tokens can be swapped for instant liquidity allowing users to leverage long, yield farm, or pursue other strategic trades without selling their collateral tokens.
- Lend: Buy fixed-rate, fixed-term debt tokens for a discount. When the term expires they can be redeemed for face value, earning lenders a predictable return on their investment.
- Provide Liquidity: Earn trading fees by providing liquidity between debt tokens and stablecoins on an Automated Market Maker (AMM).
How Many MFT Tokens (MFT) Are There in Circulation?
Who Are the Founders of the Hifi Lending Protocol?
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.
Where Can I Buy Mainframe Token (MFT)?
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?
Similar Coins to Mainframe
CoinMarketCap API
Get Mainframe data into your app
The same data powering this page - prices, market cap, historical data, market pairs - served as JSON from the world's most-referenced crypto data source. Don't want an API key? Add /public-api/ to the path for keyless access: https://pro-api.coinmarketcap.com/public-api
- No credit card required
- Live in under 5 minutes
Start With These Endpoints
- With KeyWith Key
- KeylessKeyless
Current USD spot price for Mainframe. Optimized for low latency and minimal payload - the fastest way to get a price into your app.
curl --request GET \
--url 'https://pro-api.coinmarketcap.com/v2/simple/price?id=2896' \
--header 'X-CMC_PRO_API_KEY: YOUR_API_KEY'- With KeyWith Key
- KeylessKeyless
Returns the latest market quote for Mainframe. Use the "convert" option to return market values in multiple fiat and cryptocurrency conversions in the same call.
curl --request GET \
--url 'https://pro-api.coinmarketcap.com/v3/cryptocurrency/quotes/latest?id=2896' \
--header 'X-CMC_PRO_API_KEY: YOUR_API_KEY'- With KeyWith Key
- KeylessKeyless
Returns all static metadata available for Mainframe. This information includes details like logo, description, official website URL, social links, and links to a cryptocurrency's technical documentation.
curl --request GET \
--url 'https://pro-api.coinmarketcap.com/v2/cryptocurrency/info?id=2896' \
--header 'X-CMC_PRO_API_KEY: YOUR_API_KEY'Popular Real World Assets
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Mainframe Price Live Data
The live Mainframe price today is $0.000212 USD with a 24-hour trading volume of $0.622314 USD. We update our MFT to USD price in real-time. Mainframe is down 3.38% in the last 24 hours. The current CoinMarketCap ranking is #5358, with a live market cap of not available. The circulating supply is not available and a max. supply of 10,000,000,000 MFT coins.