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Exchange Mainframe (MFT)

If you're looking to swap Mainframe, SwapSpace is your one-stop-shop. We have some light reading for you - in case you'd want a refresher on what is Mainframe or some fresh information about MFT’s price movements. And, of course, we provide you with the multiple Mainframe exchange options so that you can choose the offer with the best rates and lowest Mainframe fees, as well as other parameters that suit you.

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Mainframe Price Stats

To help you make a decision about exchanging your Mainframe, we gathered some cold hard numbers: Mainframe price chart and other stats, such as Mainframe market cap.

24H HIGH

24H HIGH $0.007845

MFT MARKET CAP

MFT MARKET CAP $71,050,000

CIRCULATING SUPPLY

CIRCULATING SUPPLY 10,000,000,000 MFT

24H LOW

24H LOW $0.0070126

MFT PRICE

MFT PRICE $0.007105

24H VOLUME

24H VOLUME $3,138,564.95

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Mainframe Price Chart

Here you can see the current price of Mainframe, as well as Mainframe price history.

What is Mainframe?

What Is HiFI Finance? 

Hifi Finance is a fixed-rate, fixed-term lending protocol built on the Ethereum blockchain. It provides users with instant liquidity. The project was first known as the Mainframe but was later rebranded to Hifi finance in February 2021. At the initial stage, it was built with the intention to allow any decentralized application to send data, store files, manage payments, run tasks, and so on. 

HiFi uses a bond-like instrument, representing an on-chain obligation that settles on a specific future day. Buying and selling tokenized debt enables fixed-rate, fixed-term lending and borrowing. The users can borrow the assets, locking up the collateral in the vault to mint fixed-rate, fixed-term debt tokens, that can be swapped for instant liquidity allowing users to leverage long, yield farm, or pursue other strategic trades without selling their collateral tokens. 

The users can also buy fixed-rate, fixed-term debt tokens for a discount. When the term expires the tokens can be redeemed for face value, so the lenders earn a predictable return for their investment. Also, users can become liquidity providers and earn trading fees by providing liquidity between debt tokens and stablecoins on an Automated Market Maker. 

The system balances the incentives between borrowers, lenders, and guarantors, each representing a distinct and complementary position of economic exposure. Through the lending protocol, the participants of the network can also vote for the incentives, unlock discounts, access additional leverage, and achieve greater capital efficiency. 

The project was launched by Mick Hagen in 2017. During 2018 and 2019, the project team released the decentralized chat application and decentralized application system, but both products didn’t gain much traction and were gone. So the team has decided to turn to DeFi and started the development of decentralized lending and borrowing platform. In early 2020 the role of the project CEO was transferred to Doug Leonard, who has been a part of the team since early 2018. 

Prior to the official launch there was an ICO held on February 2018, that raised over $20 million at a token price of $0.01. 

Hifi already has a whole ecosystem of new projects and partnerships built on top of the Hifi protocol. Those projects help Hifi to expand its reach and offer users more possibilities. The center of the ecosystem is the Hifi lending protocol, which allows users to lend against crypto. The lenders can buy and sell tokenized debt with fixed-rate borrowing and lending.

The project has delivered its NFT collection called Pawn Boots which was introduced in April 2022. It provides instant liquidity and was architectured as ground collateral and allows collectors to borrow against the value of the collectible. The last collection upgrade was at the end of August 2022 with the new limited edition attributes — ceramic white body color. 

The ecosystem also includes the Sablier Streaming Protocol, which eliminates the hassle of running the payroll by allowing smart contracts to stream the money. It used to be a part of Hifi protocol, but in April 2022 the project team decided to separate it, making an independent product with the dedicated team. 

At the beginning of August, HiFi Finance updated its roadmap, announcing the work on the anticipated HiFi token swap proposal. The project also plans to finally deploy its mainnet on the Ethereum blockchain.  

MFT is the native token of the protocol. It is used for protocol governance, staking to ensure the safety of the protocol, and also as a token to reward the stakes. The token was launched in Q1 2018 and has a total supply of 10 billion coins. All of them were vested and distributed. 

Average HiFi Finance Fees

The trading fees of HiFi finance depend on the exchange but don’t go over 0,75%. 

Hifi Finance Wallets 

To store the coins of HiFi Finance the users can use many of the popular secure web, mobile and hardware wallets, including Coinbase, MetaMask, Trust Wallet, Ledger, AtomicWallet, imToken, Token Pocket, iToken Wallet, Math wallet, and Trust Wallet. 

A Simple Way To Exchange Mainframe Here At SwapSpace

Step 1
Step 1

Choose a pair

Choose the cryptocurrencies you would like to exchange among more than 1600 coins and tokens. Pick them from drop-down menus. Type the number of coins you want to swap.

Step 2
Step 2

Select the best rate

You choose the rate – we do the magic! Pick up the exchange service by the rate which meets your requirements. Make sure you are okay with the selected service network fee and privacy policy: some of them require you to pass the AML/KYC procedure.

Step 3
Step 3

Transfer funds

Send the exact amount to the address provided and receive the crypto in your wallet within minutes. Don’t have a wallet yet? Our support will recommend a good one!

Step 4
Step 4

Receive your coins

You’ll get your coins in a few minutes! The exact time is a subject of various parameters such as blockchain network workload, transaction volume, our partners’ processing speed, etc. Concerned about your transaction? Check the swap tracker or feel free to contact the support: support@swapspace.co.

Exchanging Mainframe: SwapSpace’s Video Tutorial

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Frequently Asked Questions

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Popular Exchange Pairs with Mainframe

Those cryptocurrencies are most frequently traded with Mainframe at SwapSpace. Join our other customers in the “Exchange Pairs” section!
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