MobiFi is a financial orchestrator for Mobility as a Service (MaaS). It provides a transparent platform with a tokenized payment system to connect mobility service providers and users. Its DeFi bridge makes it possible to turn unused credit into a yield engine. The MoFi token uses Ethereum’s ERC20 standard, and it is the primary utility token to be used in exchange for SMiles, i.e., mobility services. When a user exchanges a MoFi token for SMiles, the MoFi will be burned. In this way, the MoFi token is deflationary, and over time, the total volume will be reduced. This mechanism of limited supply and ever reducing volume is intended to increase the value of the MoFi token.
