Hifi Finance
Hifi Finance is a lending protocol that addresses the need for fixed-rate lending and borrowing in decentralized finance. It allows anyone to access instant liquidity against collateral assets approved by Hifi Governance, by tokenizing on-chain debt. Hifi Governance is a community-organized process that manages the various aspects of the Hifi Lending Protocol. Hifi proposes a novel liquidation architecture that drives resources back to ecosystem participants and balances incentives between borrowers, lenders, and guarantors. The system works by borrowers depositing collateral and minting tokens, which represent a debt obligation that settles on a specific future date. The Hifi Token (HIFI) is utilized to vote on governance proposals, unlock discounts, achieve greater capital efficiency, increase protocol rewards, and access additional leverage.
Symbol |
hifi |
Current Price |
$0.69654600 |
Market Cap |
$88,717,242 |
Market Cap Rank |
520 |
24h Change |
-0.04%
|
Circulating Supply |
127,350,894 |
Total Supply |
141,289,070 |
All-Time High |
$2.63000000 |
All-Time Low |
$0.25184700 |
Twitter Followers |
45,475 |
Last Updated |
2024-06-09T14:56:55.706Z |
Developer Data
Forks |
0 |
Stars |
0 |
Subscribers |
0 |
Total Issues |
0 |
Closed Issues |
0 |
Pull Requests Merged |
0 |
Pull Request Contributors |
0 |
Commit Count (Last 4 Weeks) |
0 |