Mainframe is rebranding to Hifi Finance, and a token swap will be conducted. Read here for more info: https://blog.mainframe.com/mainframerebrand-5cb034c26e42?gi=9024ce14e0b4
Hifi (formerly Mainframe) is a Lending Protocol that allows anyone to borrow against their crypto. Hifi uses a bond-like instrument, representing an on-chain obligation that settles on a specific future date. Buying and selling the tokenized debt enables fixed-rate, fixed term lending and borrowing. Hifi Finance (MFT) is the native utility token that is used for:
- Governance votes;
- Staking to ensure the safety of the protocol;
- Rewarding contributors to the ecosystem