Saffron Finance (SFI)
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(Redirected from Saffron Finance)
Basics
- Started in / Announced on: 'launched November 2020'
- Mainnet release:
- Based in:
- The Saffron protocol automatically deploys liquidity to third-party DeFi lending platforms.
History
Token
Launch
Token allocation
Utility
- SFI is the protocol’s native governance token.
Token Details
Stablecoin
Technology
- Whitepaper can be found [insert here].
- Code can be viewed here.
Implementations
- Built on:
How it works
Mining
Staking
Liquidity Mining
Scaling
Interoperability
Other Details
Privacy Method being used
Compliance
Oracle Method being used
Their Other Projects
DEX
Governance
DAO
Treasury
Upgrades
Roadmap
- Can be found [Insert link here].
Audits
- Bug bounty program can be found [insert here].
- Scored a 31% on DeFi Safety (12-2020); "Since there is no indication of any published contract addresses, it is impossible to verify the validity of any audit that has been done on this product." With the comment: "No public tests (in a private repo) and no docs yet. They are bent on improving, so it we should see the score improve."
Bugs/Hacks
Usage
- From their blog (8-3-2021):
"To date, the Saffron protocol has garnered over $50M in Total Value Locked (TVL) across nearly two dozen asset pools."
Projects that use or built on it
Competition
Coin Distribution
Pros and Cons
Pros
Cons
Team, Funding, Partnerships, etc.
Team
- Full team can be found [here].
- From their blog (8-3-2021):
"Launched by an anonymous developer, psykeeper"
Funding
Partners
- From their blog (8-3-2021):
"Proud to announce that an industry-leading group of strategic partners are joining the Saffron ecosystem. Led by Dragonfly Capital, this group of partners also includes participation from Multicoin Capital, Coinbase Ventures, DeFi Holdings, and prominent angels Meltem Demirors, Brandon Chez, Marc Weinstein, Leo Cheng and Tegan Kline."
