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π To what can Hifi Governance allocate the resources from the fee switch?
- All of the above.
π What is the purpose of the fee switch in the Hifi Lending Protocol?
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π 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.
π What makes Hifi unique compared to other lending protocols?
- Its fixed interest rate offering.
π Who manages the administrative functions in the Hifi Lending Protocol?
- HIFI token holders
π Who is responsible for managing the Hifi Lending Protocol?
- HIFI token holders
π What is the role of Liquidators in Hifi Finance?
- Sell off collateral and pay off debt for risky borrowers.
π What is the role of HIFI token holders in Hifi Governance?
- Both A and B.
π What is the purpose of Hifi Finance?
- Provide a new way of lending and borrowing.
π Who votes on which assets users can borrow against in Hifi Finance?
- HIFI token holders
π How do Liquidity Providers earn a reward in Hifi Finance?
- Providing liquidity for interest-rate markets.
π What is Hifi Finance?
- A decentralized lending protocol built on Ethereum.
π To what can Hifi Governance allocate the resources from the fee switch?
- All of the above.
π What is the purpose of the fee switch in the Hifi Lending Protocol?
- To capture an origination fee.
π 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.
π What makes Hifi unique compared to other lending protocols?
- Its fixed interest rate offering.
π Who manages the administrative functions in the Hifi Lending Protocol?
- HIFI token holders
π Who is responsible for managing the Hifi Lending Protocol?
- HIFI token holders
π What is the role of Liquidators in Hifi Finance?
- Sell off collateral and pay off debt for risky borrowers.
π What is the role of HIFI token holders in Hifi Governance?
- Both A and B.
π What is the purpose of Hifi Finance?
- Provide a new way of lending and borrowing.
π Who votes on which assets users can borrow against in Hifi Finance?
- HIFI token holders
π How do Liquidity Providers earn a reward in Hifi Finance?
- Providing liquidity for interest-rate markets.
π What is Hifi Finance?
- A decentralized lending protocol built on Ethereum.
π±1
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