Hifi Finance (HIFI)

€ 0,78002

-2,30 % € -0,01794

Hifi Finance Price in Euros

(HIFI to EUR)

€ 0,78002

Hifi Finance Volume

(24h)

€ 12.72 M

Market Cap

(Hifi Finance)

€96.61 M
BTC

What is Hifi Finance

Hifi Finance is a financial protocol that allows people to borrow and lend crypto at a fixed interest rate. In doing so, users deposit their tokens in a liquidity pool, where an algorithm then determines the interest rate based on supply and demand.

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How does Hifi Finance work?

Hifi consists of decentralized interest rate markets, each of which is active until a specific date. On the active markets, users can borrow, lend or liquidate their cryptos. With the latter, you earn returns by contributing to the pool. Borrowers pay a fixed amount of interest without the need for consultation.

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How to buy Hifi Finance?

Do you want to buy Hifi Finance (HIFI)? You can do that at Coinmerce. You can pay easily with your credit card and then receive your tokens shortly.

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How to buy Hifi Finance?

Would you like to buy Hifi Finance (HIFI)? You can buy Hifi Finance using a credit card or SEPA at Coinmerce. Once you are logged in, you will see ‘Coins’ in the top menu. When you click on this button, you come to the page with all crypto coins that Coinmerce offers. If you don't see Hifi Finance, use the search function to search for Hifi Finance and click on the name. You can indicate the amount of euros you want to buy Hifi Finance for in the right window. Below is shown how much Hifi Finance tokens you get for this. If you have entered the desired amount you can click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy Hifi Finance when the price of Hifi Finance reaches your entered value. You can also execute a repeating order. Do you want to buy Hifi Finance with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive Hifi Finance.

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About Hifi Finance

Hifi was founded in November 2017 by Mick Hagen, who was involved in blockchain technology early on. The project had been founded under the name Mainframe and was intended to be a decentralized communications layer for Web3. In early 2020, Hagen stepped down and was replaced by Doug Leonard. Leonard is an avid NFT collector and even bought a minivan for his family in the early days of crypto, with crypto. Leonard rebranded Mainframe as Hifi and gave it a new purpose within decentralized finance. The big advantage to Hifi Finance is its predictability: because all prices are fixed, borrowers know in advance exactly how much to pay and lenders know what they will get in return. The Hifi token is used as a governance token, allowing people to participate in votes for the protocol.

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Founder Doug Leonard
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Founded 2020
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Industry Decentralized Finance (DeFi)
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Website Website
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Network Ethereum
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Location New York, United States
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Rank 444
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Market Cap 96.61 M
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Trading volume 12.72 M
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Maximum coins 0
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Circulating 123.63 M
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