saffron.finance

SFI Price

What Is Saffron Finance?

Saffron is a new fixed yield DeFi primitive. Saffron vaults split fees earned on Uniswap into fixed and variable yield. Fixed yield is paid upfront. Variable yield buyers earn all future yield from the deposited Uniswap position. Saffron vaults are permissionless, immutable, and non-upgradable smart contracts live on all EVM chains. Uniswap fees are the first underlying yield source for Saffron vaults.

What Makes Saffron Unique? 

Saffron is the first structured yield liquidity layer for DeFi.

Saffron can be used for many practical applications:

• earn an upfront payment with a productive asset
• incentivize onchain liquidity for any token
• buy a hedge before a price movement
• loop liquidity to earn more yield by accepting higher path dependency
• borrow against yield from the future

...and many more new applications that can be built with Saffron.

What Is the History of Saffron Finance?

Saffron raised over $2 million from Coinbase Ventures, Dragonfly Capital, Multicoin Capital, CMS Holdings, Tally Capital, DeFi Technologies, and many other leading crypto firms and prominent thought leaders.

Saffron V1, released in October 2020, was a niche risk exchange mechanism for Compound Finance. It has since evolved into a base layer DeFi risk exchange primitive, structuring native DEX yield into two legs: steady predictable income and enhanced returns.

What Can Saffron Finance (SFI) Tokens Be Used For?

Saffron's native token is Spice (SFI).

The entire SFI supply was initially created during a liquidity mining program in the early epochs of Saffron dating from October 2020 into mid 2021. Since then, the SFI token has climed to over 12,000 holders, with two completed staking programs and treasury controlled by SFI token voting. Through a decentralized governance process, SFI is used to vote on protocol improvements, and settle key decisions. The core economic mechanism of the Saffron smart contract system uses protocol fees to buyback $SFI tokens from the market and secure the network.

Where can you buy saffron.finance?

SFI tokens can be traded on decentralized exchanges and centralized crypto exchanges. The most popular exchange to buy and trade saffron.finance is Uniswap V3 (Ethereum), where the most active trading pair USDC/SFI has a trading volume of $4,338.20 in the last 24 hours. Other popular options include Gate and Uniswap V4 (Robinhood).

What is the daily trading volume of saffron.finance (SFI)?

The trading volume of saffron.finance (SFI) is $30,722.13 in the last 24 hours, representing a -40.90% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for saffron.finance (SFI)?

saffron.finance (SFI) reached an all-time high of $3,496.46 and an all-time low of $5.55. It’s now trading -96.70% below that peak and 1,985.40% above its lowest price.

What is the market cap of saffron.finance (SFI)?

Market capitalization of saffron.finance (SFI) is $9,275,550 and is ranked #1336 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of SFI tokens (80 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of saffron.finance (SFI)?

The fully diluted valuation (FDV) of saffron.finance (SFI) is $11,580,268. This is a statistical representation of the maximum market cap, assuming the maximum number of 100 Thousand SFI tokens are in circulation today. Depending on how the emission schedule of SFI tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of saffron.finance compare against its peers?

With a price decline of -1.70% in the last 7 days, saffron.finance (SFI) is underperforming the global cryptocurrency market which is up 2.60%, while underperforming when compared to similar Decentralized Finance (DeFi) cryptocurrencies which are up 1.10%.

How to add saffron.finance (SFI) to MetaMask?

Adding saffron.finance (SFI) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import SFI as a token. You can copy SFI’s contract address (0xb753428af26e81097e7fd17f40c88aaa3e04902c) and import it manually, or if you've installed MetaMask's chrome extension, add SFI to MetaMask with one click on CoinGecko.

Add SFI to MetaMask.