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0.000000308 BTC6.26%
0.000009485 ETH1.84%
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Presyo ng Hifi Finance | ₱0.7137 |
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Price Change24h | ₱0.04625 6.93% |
24h Low / 24h High | ₱0.6691 / ₱0.7466 |
Trading Volume24h | ₱1,069,522,930.27 85.43% |
Market Dominance | 0.01% |
Ranggo sa Merkado | #172 |
Market Cap | ₱7,137,186,028.24 6.93% |
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Fully Diluted Market Cap | ₱7,137,186,028.24 6.93% |
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?
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