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Direct Link :)
https://academy.binance.com/en/learn-and-earn/course/what-is-hifi-finance-hifi-BN867632120091070465?chapterIndex=2
Earn 5 HIFI Token = $1.65
Answer Given Below 👇.
❓What makes Hifi unique compared to other lending protocols?
👉Its fixed interest rate offering.
❓What is the role of Liquidators in Hifi Finance?
👉Sell off collateral and pay off debt for risky borrowers.
❓What is Hifi Finance?
👉A decentralized lending protocol built on Ethereum.
❓Who votes on which assets users can borrow against in Hifi Finance?
👉HIFI token holders
❓What is the purpose of Hifi Finance?
👉Provide a new way of lending and borrowing.
❓To what can Hifi Governance allocate the resources from the fee switch?
👉All of the above.
❓What is the purpose of the fee switch in the Hifi Lending Protocol?
👉To capture an origination fee.
❓What are the three ways in which users can earn a return in Hifi Finance?
👉Lending, Providing, and Protecting
❓Who is responsible for managing the Hifi Lending Protocol?
👉Hifi Holder
❓How do Liquidity Providers earn a reward in Hifi Finance?
👉Providing liquidity for interest-rate markets.
❓What is the role of HIFI token holders in Hifi Governance?
👉Both A and B.
❓What are the three ways in which users can earn a return in Hifi Finance?
👉Lending, providing liquidity, and protecting the protocol from bad debt.
Direct Link :)
https://academy.binance.com/en/learn-and-earn/course/what-is-hifi-finance-hifi-BN867632120091070465?chapterIndex=2
Earn 5 HIFI Token = $1.65
Answer Given Below 👇.
❓What makes Hifi unique compared to other lending protocols?
👉Its fixed interest rate offering.
❓What is the role of Liquidators in Hifi Finance?
👉Sell off collateral and pay off debt for risky borrowers.
❓What is Hifi Finance?
👉A decentralized lending protocol built on Ethereum.
❓Who votes on which assets users can borrow against in Hifi Finance?
👉HIFI token holders
❓What is the purpose of Hifi Finance?
👉Provide a new way of lending and borrowing.
❓To what can Hifi Governance allocate the resources from the fee switch?
👉All of the above.
❓What is the purpose of the fee switch in the Hifi Lending Protocol?
👉To capture an origination fee.
❓What are the three ways in which users can earn a return in Hifi Finance?
👉Lending, Providing, and Protecting
❓Who is responsible for managing the Hifi Lending Protocol?
👉Hifi Holder
❓How do Liquidity Providers earn a reward in Hifi Finance?
👉Providing liquidity for interest-rate markets.
❓What is the role of HIFI token holders in Hifi Governance?
👉Both A and B.
❓What are the three ways in which users can earn a return in Hifi Finance?
👉Lending, providing liquidity, and protecting the protocol from bad debt.
BINANCE New Learn & Earn 🤑
Earn 5 HIFI Token = $1.65
Diract link: https://academy.binance.info/en/learn-and-earn?ref=LIMIT_ERNEVENT&utm_source=poster_qrcode
Earn 5 HIFI Token = $1.65
Diract link: https://academy.binance.info/en/learn-and-earn?ref=LIMIT_ERNEVENT&utm_source=poster_qrcode
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