saffron.finance

saffron.finance (SFI)

$405.52 USD (19.54%)
0.02097722 BTC (17.39%)
0.66817047 ETH (16.42%)
Buy
Exchange
Gamble
Earn Crypto
  • Market Cap
    $12,150,611 USD
    628.54033734 BTC
    20,020 ETH
  • Volume (24h)
    $6,041,097 USD
    312.50060483 BTC
    9,954 ETH
  • Circulating Supply
    29,963 SFI
  • Total Supply
    40,000 SFI

About saffron.finance

saffron.finance price today is $405.52 USD with a 24-hour trading volume of $6,041,097 USD. saffron.finance is up 19.54% in the last 24 hours. The current CoinMarketCap ranking is #490, with a market cap of $12,150,611 USD. It has a circulating supply of 29,963 SFI coins and the max. supply is not available. The top exchanges for trading in saffron.finance are currently Hoo, Uniswap (V2), BTSE, MXC.COM, and Bilaxy. You can find others listed on our crypto exchanges page.

A standard for tokenizing on-chain collateral

Saffron is a protocol for tokenizing on-chain assets, including contracts that otherwise impair access to utilized capital. Tokenized ownership of on-chain assets gives liquidity providers greater flexibility and uninterrupted access to their underlying collateral while enabling leveraged staking and bespoke risk management.

Peer to peer risk exchange

Existing decentralized earning platforms expose liquidity providers to complex code driven outcomes. Network participants must evaluate an array of catastrophic scenarios where the resulting state could wipe out their holdings or lead to significant impermanent loss. It is hard to anticipate the net effect of extreme market volatility or focused economic attacks. Saffron narrows the set of possible outcomes by giving liquidity providers dynamic exposure.

Dynamic exposure

The first application of Saffron gives liquidity providers the option to select customized risk and return profiles via the use of Saffron pool tranches. Saffron separately tokenizes the future earning stream and the net present value of utilized principal in each tranche. Earnings, based on tokenized holdings, are distributed accordingly across all tranches via payback waterfalls.

Payback waterfall

The initial application of the payback waterfall is split between two primary tranches. -A yield enhanced “A” tranche. -A risk mitigated super-senior “AA” tranche.

Added liquidity, when removed, is used to pay back the initial principal of AA holders before paying the principal and interest of the yield enhanced A tranche. In exchange for this enhanced return, participants of the A tranche must stake Saffron’s native tokens (SFI) to mitigate against failures on the underlying platform (such as Compound, Aave, or Curve). The Saffron protocol in this scenario acts as an escrow service for transfer of risk between A tranche participants and AA tranche participants. Saffron also includes an “S” tranche for allocating liquidity efficiently as it is needed based on a tranche balancing algorithm.

saffron.finance Price Today
saffron.finance Price$405.52 USD
24 Hour High / Low
$443.71 USD /
$300.14 USD
24 Hour Volume$6,041,097 USD
Market Cap$12,150,611 USD
Market Rank#490
Yesterday's saffron.finance Price
Yesterday's High / Low
$443.71 USD /
$258.60 USD
Yesterday's Open / Close
$410.33 USD /
$420.12 USD
Yesterday's Change$9.78 USD (2.38%)
Yesterday's Volume$10,926,552 USD
Historic saffron.finance Price
7 Day High / Low
$443.71 USD /
$147.82 USD
30 Day High / Low
$1,007.59 USD /
$67.80 USD
90 Day High / Low
$1,007.59 USD /
$67.80 USD
52 Week High / Low
$1,007.59 USD /
$67.80 USD
All Time High
$1,007.59 USD
(Nov 21, 2020)
All Time Low
$67.80 USD
(Nov 15, 2020)
saffron.finance ROI
490.34%
saffron.finance Supply Details
Circulating Supply29,963 SFI
Total Supply40,000 SFI
Max SupplyNo Data
Sign up for our newsletter
Get crypto analysis, news and updates, right to your inbox! Sign up here so you don't miss a single one.