Hifi Finance (formerly Mainframe) careers

The Mainframe Lending Protocol allows anyone to borrow against their crypto by leveraging collateral assets approved by Mainframe Governance. Mainframe uses a bond-like instrument, representing an on-chain obligation that settles on a specific future date. Buying and selling the tokenized debt enables fixed-rate lending and borrowing — something much needed in decentralized finance today. Mainframe Governance is the community organized process of managing the various aspects of the Lending Protocol. Unique to the Mainframe Lending Protocol is the liquidation mechanism, rehypothecation of collateral accounts, and an incentivization layer powered by staking the Mainframe Token (MFT). The system avoids unnecessary sell pressure during liquidations. Together, the strategies for rehypothecation, liquidation, and settlement enable lower collateral requirements and allow for a more efficient increase in leveraged exposure to base assets.

Since late 2017, Mainframe has one of the largest communities supporting its mission of economic freedom and financial access. Mainframe is backed by the top names in VC and Crypto, including ArringtonXRP, NEO Global Capital, FBG, Shapeshift's Erik Voorhees, ICON's Min Kim, Ethereum's Gavin Wood, Zilliqa's Xinshu Dong, and many many more.