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/biz/ - Business & Finance


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23845815 No.23845815 [Reply] [Original]

How does it work?

The system works like this:
1. Liquidity providers add liquidity to the Saffron DAI pool
2. LPs receive two Saffron LP tokens for adding liquidity: principal and dsec
3. DAI added to the pool is locked until the epoch ends. LP tokens are regular ERC20 tokens and can be traded freely
4. At the end of the epoch, LPs redeem their LP tokens for interest+SFI and principal. dsec tokens are redeemable proportionally for interest+SFI and principal tokens are redeemable for the exact amount of DAI

As an example: if I own 150 principal tokens and 10% of the dsec tokens then I can redeem 150 DAI and 10% of the interest and SFI earned during the epoch.

Remember, the epoch begins at a fixed time and has a fixed length of two weeks, so if an LP enters 10 days into the epoch then they are only locked in for 4 days. However, their dsec value (calculated by multiplying dollar value by seconds remaining in the epoch) is much lower than anyone who became an LP earlier in the epoch.

>> No.23845851

disgusting belly button

>> No.23845873

>>23845851
yeh wtf is up with that??
would not have sex with her, but just because i would stare at that shit involuntarily

>> No.23845928

>>23845851
Cannot agree more

>> No.23845975

>>23845851
looks like a mini pussy, could be cool

>> No.23846004

>>23845873
LMFAO

>> No.23846016

>>23845975
lmao

>> No.23846049

>>23845815
Do they have a coingecko?

>> No.23846052

What is saffron?

>> No.23846054

>>23845815
tell me about Dynamic exposure please i'm kinda interested on it... btw like the model is hot

>> No.23846113

>>23846049
http://coinmarketcap.com/currencies/saffron-finance

>> No.23846186

>>23846113
Need more info then cmc

>> No.23846189
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23846189

>> No.23846195

>>23846113
Awesome

>> No.23846224
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23846224

>>23846189

>> No.23846293
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23846293

>>23845851
A bbc must have knocked that bellybutton out of the park

>> No.23846352

>>23846293
what do your parents think of you?

>> No.23846436
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23846436

>>23846186
me too, explain us fattgot

>> No.23846542

here you go faggot, but it's prob too far over your head:

https://medium.com/saffron-finance/introduction-to-saffron-9a46f2693612

>> No.23846551

>>23846436
#metoo

>> No.23846730

>>23846436
"Fattgot"

>> No.23846755

>>23846436
yeah man need info

>> No.23846910

>>23846755

RIGHT HERE DUMMY!

https://medium.com/saffron-finance/introduction-to-saffron-9a46f2693612

>> No.23847220

>>23846910
Ok. Site?

>> No.23847245

>>23847220
https://saffron.finance , u pleb.

This project actually looks pretty interesting

>> No.23847519

>>23847245
launch?

>> No.23847545

Am i late here?

>> No.23847624

>>23845815
Where do I buy it?

>> No.23847662

>>23847624
Uni

>> No.23847666

>>23847662
Link? There are like 5 SFIs

>> No.23848112

>>23847624
>>23847666
not on Uni, token not even out yet. Only way is to stake DAI now and receive rewards at end of first epoch. All SFI on Uni right now are scams

>> No.23848227

soon enough saffron will be the next generation investment