BREAKING NEWS: $HIFI HIP8 proposal has passed and will be executed tomorrow or monday 👩💻 BIG deal for #RWA (real world assets) tokens. The proposal includes more but the most important are:
- Onboard $RCC1 (Residential Construction Collateral 1) ERC-20 Token, a digital representation of collateral value which adheres to the Residential Construction Collateral Ruleset.
- Onboard $HC1 (Horse Collateral 1) ERC-20 Token, a digital representation of collateral value which adheres to the Professionally Managed Racehorse Collateral Ruleset.
- Enter into a Designation Agreement with #MainframeGroup , Inc. as HIFI DAO’s Designee, to represent the DAO’s interests overseeing all borrowing that adhere’s to these two Collateral Rulesets.
- Enter into an Agreement of Association with #FinanceVentures as a Lending Partner, to allow Finance Ventures to leverage Hifi’s on-chain liquidity for loans to their customers in accordance with these two Collateral Rulesets.
