HachiFi is a Layer-3 platform that aligns with the values of decentralized finance. The project was created to make crypto transactions more accessible and affordable for its users. Additionally, HachiFi provides several ways for users to generate income through its HACHI token.
The HachiFi ecosystem was built on the Binance Smart Chain. As a result, its native token, HACHI, is secure and available on all networks compatible with the Binance smart chain.
HachiFi also ensures that the project community is driven by using the operating model of a Decentralized Autonomous Organization. Through its DAO, all communities can vote and actively choose the best ideas for token development.
HachiFi Platform Features
HachiFi has an NFT platform where various collectible items can be minted and traded. The platform also provides a staking program to its ever-growing community members.
The staking program allows holders to earn more by staking the HACHI token. Generally, the value of your staking income depends on the amount of HACHI tokens you stake.
Additionally, there are lending opportunities on this platform. Through its lending program, HACHI generates liquidity for all borrowing activities on the platform. Users can borrow on the platform through the native token, and then there is a time frame to balance up.
On the other hand, the lender has the chance to demand collateral before lending. However, the collateral will be returned to the owner when the amount is paid back.
As said earlier, HachiFi supports the buying and selling of NFT on its platform. Some of the main advantages of trading NFTs on HachiFi include the ability to transfer smoothly from one blockchain to another.
Also, all transactions are transparent and verified. As a result, crypto traders on HachiFi can rest assured that their transactions are secure. HachiFi aims to create bridges for accessible swapping and cross-chain features. Reward opportunities in the ecosystem can be achieved through staking, swapping, and liquidity pools.
Another fascinating approach they adopt is giving out to charity organizations. Therefore, society can benefit from a decentralized finance program on the platform.
HachiFi Versus Shiba Inu & ThorChain
Shiba Inu is a decentralized meme project that has gained popularity in recent years. SHIB, the native token of Shiba Inu, is vital for the ecosystem’s transaction process and growth.
As a decentralized crypto asset the SHIB token is mainly used within the DeFi space. Similar to many other DeFi projects, the Shiba Inu ecosystem promises swift and secure financial services.
All financial services on this platform come with low and affordable fees for Shiba Inu users. Additionally, the platform provides access to crypto swapping options between one currency and another.
SHIB is an ERC-20 token, and owning it serves as an income opportunity for users through staking. Since it’s a meme token, non-fungible trading is accessible on the platform. Hence, users can have different collectibles of NFT art designed by artists.
ThorChain is a platform that enables users to adopt cross-chain transactions. It has a native token called RUNE. The interoperability of these platforms plays a crucial role in ensuring swift transactions for numerous cross-chain transactions in the DeFi space.
Users can earn income while swapping RUNE to other currencies without issues. When community members stake their token, they receive a return on it. As the amount of tokens staked increases, so does the reward. Most importantly, the ThorChain staking process operates through the Proof-of-Stake mechanism.
Due to their ties with the DeFi space, HACHI, SHIB, and RUNE promote cross-chain decentralized exchanges. These projects plan to improve the exchange system by increasing security and incentive opportunities. However, as it stands, Hachi has more potential to become the best cryptocurrency to buy now.
The HachiFi platform is focused on leveraging the power of DeFi and providing its users with multiple opportunities. Users who purchase HACHI tokens using Ethereum (ETH) coins will receive a 22% bonus. Additionally, buying the token within the first 15 minutes of stage 1 guarantees you an extra 8% bonus.