On April 11, South Korean crypto trading platform Upbit announced that it would remove the token HIFI. The specific time and relevant details have not yet been announced. According to market information, HIFI fell more than 14% in a short period of time and is now quoted at US$0.1557. Related pages show that Hifi governance is a process for community organizations to manage loan agreements. HIFI is an ERC-20 token whose owners can delegate voting rights to any address, including their own. When the owner's token balance changes, the principal's voting rights will be automatically adjusted. Hifi governance enables communities to propose, vote on and implement changes through the management functions of the Hifi protocol. Proposals can change system parameters, support new markets, add new collateral types, or deploy resources for specific reasons.