Created using Figma
Created using Figma
A Fixed-Interest Rate Bond or FIRB represents the capital deposited by someone into 88mph to generate fixed-rate interests over a predetermined period of time.
  • Markt
    Band 24H
    24H (Preis)
    24H (Volumen)
  • Bancor Network
    0X8888801AF4D980682E47F1A9036E589479E835C5/BNT % count% Minuten ago
    $ 37.61
    $ 48.579 K
  • Poloniex
    0X8888801AF4D980682E47F1A9036E589479E835C5/USDT % count% Stunden]
    $ 41.16
    $ 1.10
  • MEXC Global
    0X8888801AF4D980682E47F1A9036E589479E835C5/USDT 13 days ago
    $ 40.23
    $ 64.825 K
  • Sushiswap
    0X8888801AF4D980682E47F1A9036E589479E835C5/0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2 13 days ago
    $ 41.33
    $ 93.072 K
  • Bilaxy
    0X8888801AF4D980682E47F1A9036E589479E835C5/ETH 29 days ago
    $ 44.60
    $ 124.925 K
  • LBank
    0X8888801AF4D980682E47F1A9036E589479E835C5/USDT vor einem Monat
    $ 41.33
    $ 50.239 K
  • Uniswap (v3)
    0X8888801AF4D980682E47F1A9036E589479E835C5/ETH % count% months ago
    $ 105.41
    $ 211.87
  • Sushiswap
    0X8888801AF4D980682E47F1A9036E589479E835C5/ETH % count% months ago
    $ 116.03
    $ 15.1 K
  • Gate.io
    0X8888801AF4D980682E47F1A9036E589479E835C5/USDT % count% months ago
    $ 209.33
    $ 39.464 K
  • Gate.io
    0X8888801AF4D980682E47F1A9036E589479E835C5/ETH % count% months ago
    $ 210.12
    $ 22.72 K
  • Coinpark
    0X8888801AF4D980682E47F1A9036E589479E835C5/USDT % count% months ago
    $ 33.67
    $ 854.857 K
To be announced
Weitere Details

Über 88mph

88mph uses a linear model for determining the fixed-interest rate offered to the FIRB holders. 88mph keeps track of the 30 Days Exponential Moving Average (EMA) of the floating rate offered on money market and yield protocols, such as Compound, Aave, or Yearn, over roughly a monthly window, and offers 50% of the EMA as the fixed rate.

We have plans to implement more sophisticated interest rate models in the future that take into account parameters such as the pool surplus/debt, floating-rate volatility, pool total deposit, maturity horizon, and so on.

88mph offers 2 main derisking mechanisms described below to offer its fixed-interest rates and stay solvent in different market rate conditions:

  1. Pooling the deposits together.

  2. Funding the system's debt via the floating-rate bonds.

1. How would pooling help?

Pooling deposits means putting the deposited tokens into a single pool, from which users can withdraw a deposit once its deposit period is over.

Risk balancing: If the floating rate APY rose after a deposit, the yield generated by the deposited funds could be more than the interest promised to the user. This surplus would be able to balance out the debt caused by deposits where the floating rate has dropped since the time of deposit. This way, the risk of insolvency is reduced for the users, and the stability of 88mph's interest rate is supported.

However, simply doing the above, wouldn't help if the floating rate APY drops to a very low value and stays there for a long time. The deposits made when the floating rate was still high would not by themselves generate enough interest to cover the original interest payouts, and neither would the deposits made after the rates dropped help with this situation. This would cause a pool-wide insolvency event.

This is why 88mph also offers another mechanism: floating-rate bonds.

2. How would floating-rate bonds help?

The Floating-Rate Bond (FRB) allows someone to fund the debt created by the FIRB users, referred to as Fixed-Interest Rate Bonds (FIRB). The debt is equal to the fixed-interest rate promised to FIRB holders. You will earn the variable rate offered by the underlying protocol (Compound, Aave, etc.) on the debt-funded + the FIRB initial deposit.

As the FIRB takes 50% of the floating-rate’s 30-day exponential moving average from the underlying money market protocol like Compound, Aave, if this protocol’s floating-interest rate doesn't drop by more than 50%, as a floating-rate bondholder, you will be in profit. This profit can increase if the underlying variable-rate interest increases.

To sum it up, funding floating-rate bonds allows someone to leverage-long the market rates of the underlying money market used by 88mph, such as Compound, Aave, etc, by filling up the debt of one or more FIRBs, and in exchange, they would receive the yield generated by those FIRBs until they mature.

Notes: a 3rd derisking mechanism is currently explored in collaboration with insurance protocol partners, via the creation of products similar in their essence to the traditional Credit Default Swaps. We'll communicate more on this after our v3 release.


12 592
1 278
30 Tage Wachstum:
2 237
30 Tage Wachstum:

316 348
145 910
Jahr begeht:
2 565
Offene Punkte:

88mph Letzte Nachrichten

$ 36.06
Crypto Stats
Daily, %:
Weekly, %:
Monthly, %:
Market Info
Market Cap:
$ 13.983 M
Volume 24h:
$ 183.878 K
Circ. Supply:
377.977 K 0X8888801AF4D980682E47F1A9036E589479E835C5
  • Da bei der Aktualisierung von Informationen zeitliche Unterschiede auftreten können, sollten genaue Informationen zu jedem ICO-Projekt über die offizielle Website oder andere Kommunikationskanäle überprüft werden.
  • Diese Informationen sind kein Vorschlag oder Ratschlag für Investitionen in die ICO-Finanzierung. Bitte recherchieren Sie die relevanten Informationen gründlich und entscheiden Sie sich für die Teilnahme von ICO.
  • Wenn Sie der Meinung sind, dass Probleme oder Probleme bei diesem Inhalt behoben werden müssen, oder wenn Sie Ihr eigenes ICO-Projekt zur Aufnahme einreichen möchten, senden Sie uns bitte eine E-Mail.
Bitte lesen Sie den Haftungsausschluss und die Risikowarnung. Zeige Disclaimer und Risikowarnung.