What is HIFI

1. Project Introduction
Hifi is a lending protocol built on Ethereum that enables users to borrow cryptocurrencies using tokenized debt instruments, offering fixed-rate loans. The platform covers crypto-backed loans, NFT-backed loans, and Real World Asset (RWA) services. Hifi allows users to collateralize their assets to access liquidity without selling them. The platform ensures all loans are overcollateralized through smart contracts, reducing default risks. It also provides staking rewards to liquidity providers.
2. Team & Investment Info
Doug Leonard: CEO of Hifi Finance, focused on DeFi services and credit markets. He holds a master’s degree in Information Systems from Brigham Young University.
Mick Hagen: Founder and CEO of Hifi Finance and Hightop, an emerging angel investor, previously founded Zinch, which was later acquired by Chegg.
Funding: Backed by NGC, Danhua Capital, and Bitscale, but specific details are not publicly available.
3. Social Media URLs
X: https://twitter.com/HifiFinance
Discord: https://discord.com/invite/uGxaCppKSH
4. Token Info
Token Symbol: HIFI
Total Supply: 141,343,872
Token Type: ERC-20
Issuance/Burn Mechanism: Dynamic mechanism
Contract Address: 0x4b9278b94a1112cAD404048903b8d343a810B07e
For more details, refer to the white paper: https://docs.hifi.finance/
5. Related Links Official Website: https://hifi.finance/
Audits: https://certificate.quantstamp.com/full/hifi-finance/043e76dd-52dd-49e2-a2fb-619199cab24d/index.html
Other Info: https://www.rootdata.com/Projects/detail/Hifi%20Finance?k=MTE%3D
GitHub: https://github.com/hifi-finance/hifi
Blog: https://blog.hifi.finance/