Mainframe-rebrand HiFi launches fixed-rate lending protocol

Mainframe-rebrand HiFi launches fixed-rate lending protocol

The new entrant into DeFi lending hopes to stand out with unique collateral types and features. HiFi — the recent rebrand of onetime decentralized application platform Mainframe, which is focused on decentralized finance — announced today the launch of a fixed-rate DeFi lending platform. “Fixed-rate lending is an important milestone for DeFi,” said HiFi CEO Doug Leonard in a press release. “Investors and traders need less-volatile options so that they can plan finances in advance, have predictability in expenses and hedge investments with certainty.”The launch is scheduled for 5:00 pm UTC.....

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