88mph, denoted by the symbol MPH, stands as a sophisticated decentralized finance protocol designed to address a critical need within the crypto ecosystem: predictable fixed-rate interest. Unlike the variable interest rates common in many DeFi lending platforms, 88mph offers users the ability to lock in a specific yield for their cryptocurrency deposits, providing certainty and stability in an otherwise volatile market. This focus on fixed-rate lending positions 88mph as a key innovation for risk-averse investors and institutions seeking more reliable returns on their digital assets.
The core functionality of 88mph allows users to deposit supported cryptocurrencies into various lending pools, earning a fixed interest rate over a predetermined period. This mechanism provides a transparent and non-custodial way to generate yield, meaning users retain full control over their funds throughout the lending process, as all interactions are governed by immutable smart contracts on the blockchain. Furthermore, 88mph introduces an innovative concept where users can borrow against their future fixed-rate yield, effectively turning their expected returns into immediate liquidity without selling their principal assets. This unique feature adds a layer of financial flexibility not commonly found in traditional lending protocols.
Beyond fixed-rate lending, 88mph integrates yield-farming capabilities, allowing users to earn MPH tokens as a reward for providing liquidity or participating in the protocol. These MPH tokens serve as the governance token for the 88mph decentralized autonomous organization, or DAO. Token holders have the power to propose and vote on key protocol parameters, upgrades, and future directions, ensuring that the platform evolves in a community-driven and transparent manner. This governance model empowers users to shape the future of the protocol, aligning incentives between the platform and its participants.
The protocol also incorporates non-fungible tokens, or NFTs, in a unique way to represent fixed-yield bonds. When a user deposits funds for a fixed rate, they receive an NFT that encapsulates the details of their deposit and yield. This NFT can then be traded or used as collateral, further enhancing the liquidity and composability of fixed-rate positions within the broader DeFi landscape. 88mph represents a significant step forward in making decentralized finance more accessible and predictable, offering tools for advanced financial strategies while maintaining the core principles of decentralization, transparency, and user autonomy. It appeals to users seeking stable returns, innovative borrowing options, and active participation in the governance of a cutting-edge DeFi platform.
88mph [MPH] is a token based on Ethereum blockchain. The most actual price for one 88mph [MPH] is $0.073572. 88mph is listed on 3 exchanges with a sum of 4 active markets. The 24h volume of [MPH] is $80 766.86, while the 88mph market cap is $34 231.00 which ranks it as #3292 of all cryptocurrencies. You can find more information about 88mph [MPH] on 88mph.app
# | Exchange | Pair | Volume (24h) | Price | Volume (%) | Category | Fee Type | Updated |
---|---|---|---|---|---|---|---|---|
1 | ![]() C | $80 280.40 | $0.073525 | 99.400000% | Spot | Percentage | 1 minute ago | |
2 | ![]() C | $337.44 | $0.081223 | 0.420000% | Spot | Percentage | 1 minute ago | |
3 | ![]() C | $149.01 | $0.081487 | 0.180000% | Spot | Percentage | 2 minutes ago | |
4 | ![]() C | $53.91 | $0.078931 | 0.070000% | Spot | Percentage | 2 hours ago |
#18
24.17%
#69
-10.46%
#14
9.83%
#727
no data
(12 hours ago), 4 min read
(18 hours ago), 1 min read
(1 day ago), 1 min read
Development status | Working product |
---|---|
Consensus Mechanism | Not mineable |
Algorithm | None |
Hardware wallet | Yes |
Started |
19 November 2020
over 4 years ago |
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Website | 88mph.app |
---|---|
Wallet | Coins Mobile App |
Asset type | Token |
---|---|
Contract Address |
Explorers (1) | etherscan.io |
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Tags |
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How to buy 88mph? How can I buy the 88mph coin? 88mph stock how to buy? How to get 88mph?
To find out where you can buy currency 88mph see the list of available exchanges.
Where to trade 88mph?
Click here to see the list of available exchanges for 88mph.
88mph, denoted by the symbol MPH, stands as a sophisticated decentralized finance protocol designed to address a critical need within the crypto ecosystem: predictable fixed-rate interest. Unlike the variable interest rates common in many DeFi lending platforms, 88mph offers users the ability to lock in a specific yield for their cryptocurrency deposits, providing certainty and stability in an otherwise volatile market. This focus on fixed-rate lending positions 88mph as a key innovation for risk-averse investors and institutions seeking more reliable returns on their digital assets. The core functionality of 88mph allows users to deposit supported cryptocurrencies into various lending pools, earning a fixed interest rate over a predetermined period. This mechanism provides a transparent and non-custodial way to generate yield, meaning users retain full control over their funds throughout the lending process, as all interactions are governed by immutable smart contracts on the blockchain. Furthermore, 88mph introduces an innovative concept where users can borrow against their future fixed-rate yield, effectively turning their expected returns into immediate liquidity without selling their principal assets. This unique feature adds a layer of financial flexibility not commonly found in traditional lending protocols. Beyond fixed-rate lending, 88mph integrates yield-farming capabilities, allowing users to earn MPH tokens as a reward for providing liquidity or participating in the protocol. These MPH tokens serve as the governance token for the 88mph decentralized autonomous organization, or DAO. Token holders have the power to propose and vote on key protocol parameters, upgrades, and future directions, ensuring that the platform evolves in a community-driven and transparent manner. This governance model empowers users to shape the future of the protocol, aligning incentives between the platform and its participants. The protocol also incorporates non-fungible tokens, or NFTs, in a unique way to represent fixed-yield bonds. When a user deposits funds for a fixed rate, they receive an NFT that encapsulates the details of their deposit and yield. This NFT can then be traded or used as collateral, further enhancing the liquidity and composability of fixed-rate positions within the broader DeFi landscape. 88mph represents a significant step forward in making decentralized finance more accessible and predictable, offering tools for advanced financial strategies while maintaining the core principles of decentralization, transparency, and user autonomy. It appeals to users seeking stable returns, innovative borrowing options, and active participation in the governance of a cutting-edge DeFi platform.
Mining 88mph coin
88mph coin has a consensus mechanism: . You can mint these coins with the None algorithm.
88mph is a token and it means it is a cryptocurrency, which based its activities on the blockchain of other cryptocurrencies such as Ethereum Blockchain or EOS Blockchain. Examples of Tokens: Chainlink, OmiseGo, 0x.
What is the value of 88mph coin?
1 88mph is worth $0.073572.
To get price and historical data for 88mph coin, use API ID: mph-88mph for endpoints at http://api.coinpaprika.com.
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