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