The updated roadmap is here, with plenty to unpack. TL;DR Our next iteration of the Hifi Lending protocol will be our biggest release ever! We’ve even added a dedicated roadmap page to our website. There is plenty to unpack, here is a summary of what you will see with our v1 release: $MFT → $HIFI Token Swap Hifi Governance Layer Updated Token Economics and Bootstrapping Incentives. Value Capture Mechanism controlled by Hifi Governance. Increased capital efficiency through our custom AMM. Improved gas efficiency for lower-cost transactions from our math library. Suppor ..read more

During ReImagine’s “State of The Artchain” interview, Doug Leonard answers questions focused on NFTs from Nathan Leung and Adam Leon. https://medium.com/media/81a8a5f8f675ee345213c1a9cc6e9560/hrefWhat are your thoughts this NFT boom? The boom is a little concerning, it creates unsustainability. On the other hand, it makes it a great place to experiment, especially for those looking to innovate. What excites you in the NFT space? The things that are most interesting to me (Doug) don’t exist yet. But in the future, I look forward to be able to have all my digital assets as NFTs ..read more

An accessible introduction to NFTs. Ownership NFTs, non-fungible tokens, are unique tokens that represent ownership of an asset, on or off the blockchain. Because blockchain uses a shared state, it is easy to reach a consensus on who owns each asset. They are a pointer to the asset they represent. What is shared state? Imagine that Lucy, John and Tim each have a spreadsheet with all of the Bitcoin they own. Because they are using the same spreadsheet, it’s easy to know if one person added or removed funds. For example, if Tim takes some BTC from John, updating it on the spr ..read more

Collateralized Digital Assets: The Benefits & Challenges In Part 1 of this discussion, we outlined the path to collateralized digital assets; covering where we are in this journey, what the future holds, and what needs to be done to make this vision a reality. This piece will explore the benefits and challenges that may present themselves along the way. Two phenomena are driving the decentralized world: DeFi and NFTs. While DeFi has grown accustomed to the decentralized limelight, interest in the NFT space is relatively new. Now, with both DeFi and NFTs developing at such frenetic pac ..read more

MFT is live on CoinZoom, a digital currency exchange licensed in the US, and begins trading on Tuesday, April 13th. Listing Details MFT will be paired with USD, BTC, and USDT (Tether). Getting listed on a fully regulated US exchange like CoinZoom is an important step in our ongoing growth and accessibility effort within the US market. To celebrate this milestone, we are giving away $30,000 in MFT. Contest details There will be daily and weekly rewards along with a grand prize. To qualify participants must purchase and hold a balance of at least 20,000 MFT on CoinZoom. Daily Prize ..read more

The collision of DeFi and NFTs is inevitable. It is hard to exaggerate NFT market growth over the past year. This past month’s NFT sales surpassed the entirety of 2020 NFT sales. $432,696,424.23. This number represents the total value of all NFT sales to date. While this number is staggering (and continues to grow), it is becoming more evident by the day that the potential of the NFT market goes far beyond what we’ve seen with NBA Top Shot, CryptoPunks, or Crypto Kitties. NFTs are a burgeoning asset class whose value has yet to be realized. Although NFTs are currently the most exciting cr ..read more

A quick tutorial on how to add liquidity with Hifi. https://medium.com/media/6f237d752c91fc93117aad0b9c384b44/hrefStep 1 Head over to hifi.finance and click on Lend & Borrow in the top menu. This will automatically launch the app for you. Step 2 Read the disclaimer, it is there to warn you that we are still in beta and to not use money that you cannot afford to lose. Hit Accept and Continue when you are ready to pool. Step 3 Click Pool in the top menu of the app. This will bring up a list of maturity dates. Since we are in beta, there will only be one. Step 4 Click Mana ..read more

A quick tutorial on how to add liquidity with Hifi. https://medium.com/media/6f237d752c91fc93117aad0b9c384b44/hrefStep 1 Head over to hifi.finance and click on Lend & Borrow in the top menu. This will automatically launch the app for you. Step 2 Read the disclaimer, it is there to warn you that we are still in beta and to not use money that you cannot afford to lose. Hit Accept and Continue when you are ready to pool. Step 3 Click Pool in the top menu of the app. This will bring up a list of maturity dates. Since we are in beta, there will only be one. Step 4 Click Mana ..read more

A quick tutorial on how to borrow with Hifi. https://medium.com/media/7a0be83d698ca2347f432386b11e6133/hrefStep 1 Head over to hifi.finance and click on Lend & Borrow in the top menu. This will automatically launch the app for you. Step 2 Read the disclaimer, it is there to warn you that we are still in beta and to not use money that you cannot afford to lose. Hit Accept and Continue when you are ready to borrow. Step 3 Click Borrow in the top menu of the app. Make sure the connected wallet has some ETH to pay for gas and Wrapped Bitcoin to borrow against. Step 4 Click ..read more

A quick tutorial on how to lend with Hifi. https://medium.com/media/df85962540c94213660c4db45dc8de48/hrefStep 1 Head over to hifi.finance and click on Lend & Borrow in the top menu. This will automatically launch the app for you. Step 2 Read the disclaimer, it is there to warn you that we are still in beta and to not use money that you cannot afford to lose. Hit Accept and Continue when you are ready to lend. Step 3 Click into the input field and type in the amount of USDC you would like to lend. If you want to lend it all, hit Max. Click Lend! Step 4 A dialogue will po ..read more