Hifi Lending Protocol is a lending protocol that allows anyone to borrow their cryptocurrency. Buying and selling tokenized debt enables fixed-rate borrowing, which is much needed in decentralized finance today.
Throughout the lending protocol, Hifi Finance (MFT) can be used to vote on governance proposals, unlock discounts, achieve greater capital efficiency, increase protocol rewards, and gain additional leverage. Collectively, the use of MFT, collateral rehypothecation, liquidation and settlement strategies reduce collateral requirements and allow for more efficient increased leverage exposure of underlying assets.