Protocol-Owned Liquidity 🌊 The value of all assets backing the HIFI token and fully owned by token holders. This includes protocol liquidity, earned interest, and fees.
For more metrics, visit the Hifi Metrics Dashboard: https://metrics.hifi.finance/
Earlier this year, Hifi DAO successfully integrated $CRE1p, a digital token representing a commercial real estate property, as collateral into the Hifi Protocol.
This professionally managed asset is a 93-unit residential building, recently appraised at $7.85 million.
The security of the Hifi protocol is our utmost priority. Along with a bug bounty program, the Hifi protocol has been successfully audited by @Quantstamp.
View the audit here ⬇️ https://github.com/hifi-finance/hifi/blob/c61317db1936bd38588e29462ec02cd5178ddaf6/audits/Quantstamp%20Audit%20Report.pdf
Operating as a DAO makes our community the most important part of our ecosystem.
In today's blog, we highlight some amazing community members and showcase their efforts in helping us reach our 2024 goals 🥳👇 https://blog.hifi.finance/community-led-marketing-80375a53dd53
Hifi Labs is improving our protocol to unify liquidity, increase our ability to extend longer-duration loans, and isolate interest rate markets to be more competitive.
These changes will enable Hifi to scale our TVL and improve usability for borrowers.
Included in our 2024 roadmap, is the goal to grow our Total Value Locked (TVL) by 25x to capture more than $25M TVL by doubling down on Real World Assets.
At Hifi, we understand that navigating the world of decentralized finance (DeFi) can be confusing, so we've added 2 more videos to our series of Hifi Tutorials.
We do NOT have an official Telegram account. If you come across one claiming to be us, it's a FAKE. Please avoid interacting with it and report any suspicious activity.