#BinanceAlphaAlert

Hifi is a decentralized financing protocol that allows users to lend and borrow cryptocurrencies at a fixed interest rate. Hifi governance is a community-organized process for managing risks and incentives to ensure the protocol operates smoothly. Holders of the HIFI tokens decide on the assets that users can borrow against, which includes Ethereum-based tokens, NFTs, or even tokens backed by real-world assets. At the heart of the Hifi lending protocol is a fee key, which, once activated, will collect a creation fee every time a user borrows from the protocol.

$HIFI