|Total Value Locked||24H|
|in ETH||33.5K ETH||+5.6%|
|in BTC||2.3K BTC||+2.0%|
|bfc Locked||275.89M bfc||-5K bfc|
|% Supply Locked||< 0.01%|
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.
You can lend or borrow on BiFi using its native interface.
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