Company Information

Get to know 88mph

88mph is a non-custodial, open-source protocol built on the Ethereum blockchain that allows users to lend their crypto assets at a fixed interest rate or speculate on yield rates. Users can deposit assets like stablecoins (e.g., DAI, USDC) or other cryptocurrencies and lock in a predictable return for a set period. The protocol achieves this by pooling deposits and lending them to other platforms, then tokenizing the future yield. It is governed by its community through the MPH token, which grants holders voting rights on proposals to guide the protocol's future development.

Industry

Crypto CryptocurrencyPRIMARY
Financial Other Service
Technology Software Development

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88mph

Kenya

Founded in

2011 (15 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.