$ 0.2824
1 hour ago
(-0.14%)
88mph is a protocol that allows users to lend their crypto assets like yUSD, Aave USDC, and other yield-bearing assets. 88MPH uses a linear model for determining the fixed interest rate offered to depositors. 88mph keeps track of the Exponential Moving Average (EMA) of the underlying yield protocol's APY over roughly a monthly window, and offers 75% of the EMA as the fixed rate.
The users can purchase floating-rate bonds via the protocol to finance and to also secure the debt of the coin. The idea here is to bring more finances in the Defi space by integrating other ways to earn yield.
The 88mph Confidential ticker is “MPH” and trades under that name on all the exchanges where it has been listed. The designation “88MPH” is for CryptoCompare.com only.
Try our free 88mph (88MPH) portfolio tracker if you want to efficiently keep track of your 88MPH and other coin/token investments.