About Hifi Finance HIFI

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.

Hifi Finance (HIFI) Price Data

Hifi Finance (HIFI) price has decreased today.

Hifi Finance price today is $0.7712 with a 24-hours trading volume up by -- %. HIFI price is down in the last 24 hours. It has a circulating supply is 141M HIFI coins and a total supply of 141M.