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88mph

88mph

MPH
Rank #3559
Community Rating
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$0.014+0.00%24h
Market Cap
$6.71K
24h Volume
$8.42
Circulating Supply
465.28K
All-Time High
N/A

Price Performance

24 Hours
+0.00%
7 Days
+0.00%
30 Days
+0.00%
1 Year
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About 88mph

Built on cutting-edge DeFi technology, 88mph is a non-custodial protocol that enables users to earn fixed yield rates on their cryptocurrencies and stablecoins. By acting as an intermediary between users and third-party variable yield rate protocols, 88mph offers a unique solution for those seeking predictable returns on their investments.

At the heart of 88mph's technology lies its innovative approach to converting algorithmically generated variable-rate yields into fixed-rate yields. This is achieved through the use of Yield Tokens (YTs), which allow users to speculate on future variable-rate yields and strengthen the solvency of the 88mph protocol. By utilizing YTs, users can profit from the rise in variable yield rates or hedge against potential losses.

The 88mph protocol has been designed with user flexibility in mind, allowing for top-ups, withdrawals, and term extensions at any time. Additionally, the protocol relies on four lines of defense to mitigate insolvency risks, and leading insurance protocols like InsurAce and Nsure provide coverage for smart contract risks. With a strong focus on security, 88mph has undergone multiple audits by reputable firms such as Trail of Bits and PeckShield.

As the leading non-custodial fixed yield rate protocol, 88mph offers a range of benefits to its users, including the ability to earn fixed APRs and MPH rewards. By staking MPH tokens, users can receive xMPH, provide liquidity on trading pools, and participate in governance through voting rights. With a growing community and a strong focus on user adoption, 88mph is poised to become a major player in the DeFi space.

The 88mph protocol has been featured in prominent publications such as Coingecko, The Defiant, and DefiPrime, and has participated in high-profile events like the Chainlink Hackathon. With its innovative technology, strong security measures, and user-centric approach, 88mph is well-positioned to continue growing and expanding its reach within the cryptocurrency ecosystem.

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