Hifi Finance, which rebranded from Mainframe in 2021, is a decentralized finance (DeFi) protocol built on the Ethereum blockchain. Its core mission is to bring fixed-rate, fixed-term lending to the DeFi ecosystem, offering more predictable and stable borrowing for users. The protocol allows individuals to use their cryptocurrency as collateral to borrow assets, or to lend their assets to earn a yield. The protocol's native HIFI token is used for governance, staking, and rewarding participants within the ecosystem.

Founded in

United States