NiiFi

NiiFi

A decentralized exchange (DEX) being built on Nahmii – a layer two system for boosting Ethereum’s transaction capacity. Learn more

Launch date
Market cap
-
Enterprise valuation
€11—16m (Dealroom.co estimates May 2021.)
Izmail Odesa Oblast (HQ)
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NiiFi is a decentralized finance (DeFi) platform built on patent-pending scaling technology that ensures instant finality, low-cost, and predictable gas transaction fees. The platform is designed to be interoperable and composable, meaning it can easily integrate with various systems and applications. NiiFi aims to solve real business problems by providing simple, elegant, and user-friendly tools that enhance the entire DeFi ecosystem through innovation.

NiiFi serves a wide range of clients, including businesses in the gaming, fintech, and loyalty sectors. The platform offers a lending protocol that allows borrowers to free up working capital without missing out on potential gains from their holdings. Additionally, NiiFi features an Automated Market Making (AMM) exchange, which facilitates easy currency exchanges, including a gateway for fiat users to enter the cryptocurrency market.

The underlying technology of NiiFi, known as Nahmii 2.0, elevates the platform to a commercial-grade product with all the benefits of blockchain technology. NiiFi operates on a community-driven model where upgrades and modifications are managed by holders of the NIIFI governance token. The platform is free, public, and open-source, consisting of a set of smart contracts deployed on Nahmii 2.0.

NiiFi makes money through transaction fees and potentially through the appreciation of its governance token. The platform is designed to be adaptable and scalable, making it suitable for a plethora of global industries.

Keywords: DeFi, blockchain, instant finality, low-cost transactions, interoperability, composability, lending protocol, AMM exchange, Nahmii 2.0, governance token.