saffron.finance SFI
1. Summary
- Price
-
$26.91 +5.5%
- Market Cap
- $2.15M (#3133)
- Supply
- 80,045.00 / 92,122.00
- 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liquidity pools can be supplied at any time by liquidity providers, while the assets and generated interest can only be withdrawn at the end of every epoch (every two weeks).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.
| Price | |
| 52W High price | $74.77 |
| 52W High date | 4th Mar 2024 (9 months ago) |
| All Time High (ATH) Date | 20th Feb 2021 (3 years ago) |
| ATH Price | $3,496.46 |
| % From ATH | -99.35% |
| All Time Low (ATL) Date | 10th Sep 2024 (3 months ago) |
| ATL Price | $14.24 |
| % From ATL | 60.29% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $45,210.00 |
| Total Supply | 92,122.00 |
| Max Supply | 100,000.00 |
| Circulating Supply | 80,045.00 |
SFI
How does saffron.finance's (SFI) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-14.7%
SFI
-6.9%
Similar Market Cap
60 Day Return
22.4%
SFI
-10.8%
Similar Market Cap
1 Year Return
-12.7%
SFI
25.9%
Similar Market Cap
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 6
- Past year: 0 commits vs. an average of 92
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.
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 | 3,933 |
| Active Discord Users | 94 |
| Telegram Users | 3,714 |
| Twitter followers | 18,051 |
No recent news found.
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... |
| @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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