What is Saffron Finance (SFI)? Complete set of SFI Tokens

What is Saffron Finance?

Saffron Finance is an on-chain asset tokenization protocol that allows a liquidity provider (LP) to take ownership of tokenized assets. LPs can flexibly use crypto assets without interruption when connecting to collateral, while still being able to use leveraged staking and risk management.

Highlights of Saffron Finance

Existing decentralized profit-making platforms have some risk assessment problems, leading to the status of users’ profits and assets being wiped out or impermanent losses (Impermanent Loss) due to strong market fluctuations.

Saffron provides several options for Liquidity pProvider to assess and select the appropriate risk profile. As follows:

Pools are divided into tranches and each tranche has its own characteristics. There are 3 frontend tranches for the LP to provide liquidity and 2 backend tranches only for the smart contract level to provide a lock bar with additional options.

• AA Tranche: The LP provides liquidity to AA Tranche, making little profit but insured in the event of a loss due to the underlying risk. LP will be rewarded with 80% SFI generated.
• A Tranche: LP provides liquidity to A tranche making more profit but potentially losing capital and earned interest in case of loss due to underlying risk. LP earns 10% on SFI mined per epoch.
• S Tranche: S tranche earns 10% SFI generated per epoch. The system that uses S tranche to balance tranche A and AA is always in perfect condition with the interest multiplier of each tranche being maintained at the correct value.

Read more: Understanding SFI – Differentiate for success

Detailed information about SFI Token

SFI rate today

Currently, you can see the price of SFI tokens on Techtipsnreview Markets right at: https://markets.Techtipsnreview.com/currencies/saffron-finance

Techtipsnreview Markets is a page that helps you to update real-time prices as well as view detailed information about Token Metric of a certain project. In more detail, you can visit the homepage and community page of the projects or filter the coins/token by Marketcap, Transaction volume,…

Key metric SFI

• Token Name: SFI Token
• Ticker: SFI
• Blockchain: Ethereum
• Token Standard: ERC-20
• Contract: 0xDC41BBB87200D4e28A244e008CFE39a459A87FDe
• Token type: Utility, governance
• Total Supply: 100,000 SFI
• Circulating Supply: 80.045 SFI

SFI Token Allocation

SFI Token Sale

Saffron does not have a pre-sale program.

SFI Token Release Schedule

SFI tokens are minted at the end of each epoch and distributed to dsec token holders and the Saffron team.

The team’s tokens will be used to develop and provide liquidity on decentralized exchanges.

Approximately 15,000 tokens will be available to Saffron treasury after the first six months of SFI creation. This ensures continued flexibility in the protocol. On-chain governance, once implemented, can decide how to allocate the remaining funds

SFI Token Use Case

Spice token, abbreviated SFI is the token of Saffron Finance protocol, used for the following purposes:

• Liquidity reward: SFI is rewarded to liquidity providers through liquidity mining.
• Staking: LPs must use SFI to stake before they want to participate in A tranche.

In addition, SFI is also used to promote products and features of Saffron Finance and will be updated in the future.

How to earn and own SFI . tokens

You can own SFI Token by the following ways:

• Participation in the liquidity program starts from November 1, 2020 and the first Epochs will end on November 15, 2020 (ended). SFI token reward will be paid at the end of each Epochs, the first epoch is 40,000, the next epochs will be halved until the 8th Epoch will steadily issue 200 SFI.
• Staking: After owning SFI, you can use it to stake and receive more tokens.
• Buy SFI tokens on exchanges.

Storage wallet & exchange SFI

SFI Storage Wallet – Techtipsnreview Wallet

SFI is an ERC-20 token, so it will be stored on Techtipsnreview Wallet follow these steps:

Step 1: At the main interface, select Receive.

Step 2: Enter SFI in the search box.

Step 3: Copy the SFI wallet address and send the SFI token to this address.

SFI Exchange – Techtipsnreview Exchange

You can now trade SFI right on Techtipsnreview Exchange Follow the steps below at: https://exchange.Techtipsnreview.com/

Step 1: Connect the wallet via Techtipsnreview Extension.

Step 2: At the main screen of Techtipsnreview Exchange, select Uniswap or SushiSwap.

Step 3: Select Token to trade and fill in the necessary parameters for the transaction:

• Search for SFI.
• If the search doesn’t come up, you can paste the contract of SFI in the search box: 0xDC41BBB87200D4e28A244e008CFE39a459A87FDe
• Enter the number of tokens you want to swap.

Step 4: Adjustment gas Gwei and slippage (slippage) according to demand.

Step 5: Browse transactions (approve) and complete the transaction.

In addition, you can also buy and sell YGG tokens on Techtipsnreview Wallet with the same operations as above.

Roadmap & Updates

Update…

Project Team, Investors & Partners

In March 2021, Saffron Finance updated its partners, including famous investment funds such as: Multicoin, Coinbase, …

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summary

So I have provided you with some of the latest information from Saffron Finance and SFI Token. What do you think the future and potential of Saffron will be like? Don’t hesitate to leave your comments below & join the group Techtipsnreview Insights Chat to exchange and discuss with admins and many other brothers!