Hifi Finance

Hifi is a decentralized finance protocol that allows users to lend and borrow crypto at a fixed interest rate. Hifi Governance is the community-organized process for managing risk and incentives to ensure the protocol’s smooth operation. HIFI token holders decide which assets users can borrow against, this can include Ethereum-based tokens, NFTs, or even tokens backed by real-world assets. At the center of the Hifi Lending Protocol is a fee switch, that once turned on captures an origination fee every time a user borrows from the protocol.