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BiFi

1inch Liquidity Protocol

Notional Finance is arguably the best fixed-rate borrowing and lending platform in DeFi or TradFi.&nbsp; That’s because Notional offers users...

Notional Finance: the best fixed interest rates in DeFi and TradFi!

DeFi Pulse monitors each protocol&#039;s underlying smart contracts on the Ethereum blockchain.

Defi Pulse Blog

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William Peaster

Maker, Ethereum’s first-ever DeFi application, is a decentralized credit platform offering users access to the most proven permissionless stablecoin to...

Oasis.app: Growing Crypto’s Tried-and-True Dai and DeFi Gateway

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This week we're joined by Kryptocucumber of Co-founder of Ruler Protocol, a market driven lending platform with non-liquidatable loans.

Founder Fireside Chat with Kryptocucumber of Ruler Protocol - Defi Pulse Blog

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Founder Fireside Chat with Kryptocucumber of Ruler Protocol

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Chaz Schmidt

Our guest this week Lao Zi, anonymous founder of QiDao Protocol, shares their advice for building community around a DeFi project.

Founder Fireside Chat with Lao Zi of QiDao Protocol - Defi Pulse Blog

Founder Fireside Chat with Lao Zi of QiDao Protocol

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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 protocol, it was built from scratch to optimize the algorithms for volatility risk and gas reduction and offer competitive interest rates and collateral ratios. Using BIFROST's multichain technology, BiFi is the first DeFi lending to offer native Bitcoin lending, without any wrapping or bridging, or intermediary. It successfully launched its multichain lending service in 2021 where users can deposit BTC and borrow ETH. It also released extended services, such as Flash Loan (for developers) and BiFi X, which is an automated application of flash loans that allow users to get maximum leverage in a single transaction using flash loans on yield farming and trading positions in just one click.
There are ongoing plans to launch the awaited multichain wallet and multichain development suite for other DeFi projects in order to expand the multichain DeFi ecosystem.

Total Value Locked		24H
in USD	$9.5M	-1.1%
in ETH	4.8K	+1.9%
in BTC	324	+2.8%
ETH Locked	2.05K ETH
% Supply Locked	< 0.01%
Blockchain	Ethereum
Most Locked	$eth
Protocol Token	$BIFI

BiFi

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