Upbit announced that it will remove HIFI from the shelves, and the price of the latter currency fell by more than 14% in a short time.
2025-04-11 08:10:41
On April 11th, South Korean crypto trading platform Upbit announced that it will remove the token HIFI. The specific time and relevant details have not been announced. According to market information, HIFI fell by more than 14% in a short time and is now quoted at $0.1557. According to the relevant page, Hifi governance is a process for community organizations to manage lending agreements. HIFI is an ERC-20 token, and its owners can delegate voting rights to any address, including their own. When the owner's token balance changes, the voting rights of the principal are automatically adjusted. Hifi governance enables the community to propose, vote and implement changes through the management functions of the Hifi protocol. Proposals can change system parameters, support new markets, add entirely new collateral types, or deploy resources for specific reasons.
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