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saffron.finance SFI

saffron.finance header image

1. Summary

Ranks

Liquidity
67
Developer
-
Social
72
Momentum (beta)
29
Stack Rankā„¢
-
Price
52W High price $74.77
52W High date 4th Mar 2024 (3 months ago)
All Time High (ATH) Date 20th Feb 2021 (3 years ago)
ATH Price $3,496.46
% From ATH -99.14%
All Time Low (ATL) Date 12th Feb 2024 (4 months ago)
ATL Price $19.25
% From ATL 56.74%
Supply & Trading Volume
Trading Volume (24h) $56,698.00
Total Supply 92,122.00
Max Supply 100,000.00
Circulating Supply 80,045.00
Description

Overview

Overview

saffron.finance is a decentralized protocol designed for on-chain asset tokenization and optimizing liquidity provider yields. It allows yield farmers to have dynamic exposure to the market and enables them to select a portfolio according to their risk appetite through tranches.

Functionality

Users deposit their assets into the platform, which are then deployed to saffron.finance's lending platforms via a liquidity pool. These assets yield combined interest. Adaptors automatically distribute saffron's liquidity pools to lending protocols with the highest yield. The liquidity pools can be supplied at any time by liquidity providers, while the assets and generated interest can only be withdrawn at the end of every epoch (every two weeks).

Tranches

saffron.finance offers different tranches, including S tranche, Yield Enhanced A tranche, and Risk Mitigated AA tranche. Participants in the A tranche are required to stake Saffron.Finance tokens to protect themselves from disruptions of the underlying lending platforms, resulting in higher interest rates due to higher exposure to risks.

Use Cases of SFI Tokens

SFI tokens are primarily used to gain access to the protocol's tranches by staking them. SFI stakers also receive governance rights, allowing them to vote on decisions regarding the future development of saffron.finance.

History

saffron.finance was first announced by an anonymous developer in a Medium article and was formally launched on the Ethereum mainnet in November 2020. The founder, known by the pseudonym Psykeeper, has extensive experience in the cryptocurrency industry.

Tokenomics

The maximum supply of SFI tokens is 100,000. Initially, 40,000 SFI tokens were minted as part of the saffron.finance token offering. The majority of the SFI token supply (60%) is dedicated to liquidity providers, with the remaining portion distributed to the core team and set aside in the saffron.finance treasury.

2. Price

SFI

2.1. Market Performance

How does saffron.finance's (SFI) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-18.5%

SFI

20.2%

Similar Market Cap

60 Day Return

-21.7%

SFI

15.3%

Similar Market Cap

1 Year Return

5.3%

SFI

2.9%

Similar Market Cap

3. Developer Activity

We're monitoring 6 saffron.finance GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All saffron.finance Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 8
  • Past year: 0 commits vs. an average of 138

Most Active Repos

Past week 1
Past 12 weeks 5
Past year 55
Past week 0
Past 12 weeks 0
Past year 27
Past week 0
Past 12 weeks 0
Past year 10
Past week 6
Past 12 weeks 6
Past year 6
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year

Top Developers 2024

In total, 255 developers have contributed to saffron.finance over the past year. Who are the most active saffron.finance developers, by commits, over the past year?

Related Projects

Developers working on saffron.finance also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users 3,805
Active Discord Users 85
Telegram Users 3,088
Twitter followers 18,492
5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://saffron.finance/
Explorer https://etherscan.io/token/0xb753428af26e81097e7fd...
Twitter @saffronfinance_

What is the correct contract address for saffron.finance?

Energi 0x09319044a98e6bb4d95a6c112789afcebe5b58ac
Ethereum 0xb753428af26e81097e7fd17f40c88aaa3e04902c

Has saffron.finance been audited for security?

No security audits found for this project.

Are you the owner of saffron.finance? Edit it here

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