Hifi Finance (MFT)

The Mainframe Lending Protocol enables fixed-rate lending and borrowing — something much needed in decentralized finance today. Tokenizing on-chain debt allows anyone accesses to instant liquidity against collateral assets approved by Mainframe Governance. Similar to a zero-coupon bond, the debt obligation settles on a specific future date. Mainframe Governance is the community organized process of managing the various aspects of the Mainframe Lending Protocol. The Mainframe Lending Protocol proposes a novel liquidation architecture that drives resources back to ecosystem participants and is designed to function reliably even during times of extreme volatility.