DeFi Saver’s Recipe Creator a DeFi UX GamechangerRead on the DeFi Pulse Blog

Key Stats

Total Value Locked24H
in USD$24.2M+3.7%
in ETH9.7K ETH-1.9%
in BTC621 BTC-5.3%
bfc Locked189.61M bfc+191 bfc
% Supply Locked< 0.01%
Most Locked$bfc
Protocol Token$BIFI

Total Value Locked (USD) in BiFi

  • TVL (USD)
  • DAI
  • All
  • 1 Year
  • 90 Day
  • 30 Day
defipulse chart

What is BiFi?

BiFi is creating a decentralized financial infrastructure that connects all the capital markets currently isolated on each blockchain and creates new services that interoperate across multiple blockchains. In its first iteration, it offers decentralized lending and staking protocols on Ethereum and Binance Smart Chain. BiFi is not a fork of other protocols. It was built from scratch to optimize the algorithms for volatility risk and gas reduction and offer competitive interest rates and collateral ratios. BiFi plans to launch its multichain lending service in 2021 where users can deposit BTC and borrow ETH with no wrapping or bridges. It also plans to release leverage solutions, multichain wallet, and multichain development suite for other DeFi projects to expand the multichain DeFi ecosystem.

How to use BiFi?

You can lend or borrow on BiFi using its native interface.

DeFi Saver’s Recipe Creator a DeFi UX Gamechanger

Users from around the world should be able to easily access the benefits of decentralized finance. Yet in DeFi’s early days, you could really only be initiated to these benefits by manually figuring things out on your own through trial and error. This has kept accessibility at bay in kind!  What’s needed, then, is an …

2021-06-07Read more >

Impermax’s Indirect Liquidity Providing Makes DeFi Easier

Previously, providing liquidity to automated market maker (AMM) projects in DeFi has been a manual and somewhat tedious process. You source the required amount of tokens for your desired pair, approve token contracts, pay gas fees to deposit, and then if you’re looking to farm further yields you might go and stake your new liquidity …

2021-05-26Read more >

AMA with Impermax Founder Simone Rigolon

This AMA session with Impermax Founder Simone Rigolon occurred on May 14th, 2021. The following is a transcription of the live from DeFi Pulse’s AMA Discord channel. To participate in future AMAs, please join our Discord and follow us on Twitter. Chaz Schmidt: Hello and welcome @everyone ! Thank you for joining us today for …

2021-05-19Read more >

Founder Fireside Chat with Robert Lauko of Liquity

The Founder Fireside Chat series hosted by DeFi Pulse interviews DeFi founders in the hopes of offering readers an opportunity to better understand their perspective and what drives them to build their vision. Welcome! We’re glad to have you back for another Founder Fireside Chat. This week, we sat down with Robert Lauko, Founder and …

2021-05-14Read more >