community: News of Hifi Finance (HIFI) - July 2024 Price Update - 7.32% Breakout Crypto News and Analysis
Professional Author and Crypto Trader
Explore the Core.
Hifi is a decentralized finance protocol that allows people to lend and borrow crypto at a fixed interest rate. They've got an aim of tokenizing everything through borrowing on their platform. With HiFi, you get to borrow against tokenized Hifi Governance is the community organized process for managing the Lending Protocol. This makes them fully decentralized and dependent on their community.
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They've been doing a lot in terms of marketing, like the community marketing scheme (where they allow their community to do the marketing for t hem) and Social media marketing. These has helped them a lot in bringing onboard new RWA interested users and could be the reason for the current increase in the price of the token.
shuaibu abubakarA dedicated learner!
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Introducing tokenizatiin of real world assets! According to the team, they believe in the future where all major assets such as cars, and real estate are rokenized, urge the community and everyone to join them as they lead the way, enabling borrowing against real world assets.
This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.