Proof of Usefulness Report

Hifi Finance

Analysis completed on 2/10/2026

+46

Proof of Usefulness Score

You're In Business

Hifi Finance is a legitimate DeFi protocol (formerly Mainframe) with verifiable on-chain utility (fixed-rate lending) and approximately $25M TVL. However, the submission is critically flawed: it confuses market cap with revenue, claims 'everyone' as the audience, and falsely asserts 'most people have used my product'. While the technology is innovative, the hyperbolic and inaccurate input data necessitates a severe penalty on quality factors, resulting in a low score despite the project's technical validity.

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Score Breakdown

Real World Utility+75

Audience Reach Impact+10

Technical Innovation+80

Evidence Of Traction+40

Market Timing Relevance+60

Functional Completeness+10

Subtotal+41.75

Usefulness Multiplierx1.1

Final Score+46

Project Details

Project URL

hifi.finance

Description

The Hifi Lending Protocol allows anyone to borrow against their crypto. Hifi uses a bond-like instrument, representing an on-chain obligation that settles on a specific future date. Buying and selling the tokenized debt enables fixed-rate, fixed-term lending and borrowing — something much needed in decentralized finance today.

Algorithm Insights

Market Position

Growing utility with room for optimization

User Engagement

Documented reach suggests active user community

Technical Stack

Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline