Hifi Finance (formerly Mainframe) is a lending protocol that allows anyone to borrow against their digital assets. Hifi uses a bond-like instrument, representing an on-chain obligation that settles on a specific future date. The tokenized debt enables fixed-rate, fixed-term lending and borrowing.
Mainframe Token (MFT) is the native utility token of Hifi Finance, and has the following use cases:
The Hifi Finance platform consists of the following components:
Hifi Finance (formerly Mainframe) launched its token in Q1 2018, with a total token supply of 10,000,000,000 tokens.