88MPH: 76%
Review Date: February 16th, 2021
88mph is a DeFi platform that offers services such as fixed-rate interest in deposits, floating-rate bonds, ERC-20 zero-coupon bonds (soon), and passive income generation through single-asset staking ($MPH). Essentially, users deposit their assets into the platform, and those deposits are then used by the smart contract to earn interest and farm on various platforms like Aave, Compound, Harvest, and Yearn. E.g, the smart contract yield-farm COMP or FARM on these platforms and sells its yield weekly, which is then converted to DAI and distributed to users staking MPH on the 88mph.app platform.
Crypto’s volatility and wild swings, while po
You've reached your Premium article limit. Already a subscriber to Token Metrics, sign in
Subscribe Now for uninterrupted access to analysis from our leading team of crypto investment specialists, You can still continue to read free articles.
76%
