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/biz/ - Business & Finance


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24047153 No.24047153 [Reply] [Original]

I'm telling you, Saffron finance is about to go off the charts, it's now got $28 Million TVL, gone up like $8 million today alone.

Big money is entering this, massive buys shown on dextools, This has nearly double the TVL compared to YFll and it's literally sitting at about $6 mill marketcap vs Yearns $90+ mill.

YFll has multiple pools.
SFI HAS ONE FUCKING POOL A DAI STABLECOIN POOL.

This has double the TVL vs YFll and it's like 1/20th of YFll Marketcap.

DO YOU LIKE MONEY? BUYUBUYBUYBUYBUYBUYBUYBY

>> No.24047264
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24047264

This is mooning as I type.

>> No.24047311
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24047311

>> No.24047673
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24047673

>> No.24047718

>>24047153
TVL rising too fast, my share of the DAI pool is getting so small...

>> No.24047823

>>24047153
Scam. Fuck off. Badger Finance will trump this shit ten times over. Watch it happen.

>> No.24047875
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24047875

>>24047718

Doesn't matter though, this is literally going to $3k-4k very soon... APY's that do 30000% were never sustainable.

Think about this, the tranches SFI have, give the ability to indirectly do Leverage trading, by risking your capital into there 10X pool (if you want to).

The low risk guarantee's a return even if tranch A and AA are higher risk at a certain multiple, say X10. then the S pool (low risk) which keeps the 2 Tranches in equilibrium are represented as 1 out of 10. so if A and AA is paying out 30% for the epoch APY, then the safer pool guarantee's you 3% return, because it has the ability to liquify your SFI staked in A and AA and provide it to the S pool.

Compound can't guarantee you this, so these risk adjusted pools are the next step in crypto, but people don't understand what I just typed so they won't bother.

Yet this is the next Core on steroids, there is a reason why the team are spending there own money to fund this and have 0 VC money, they even put in $100k of there own cash, because they know this is the next logical step in DeFi> Risk adjusted pools with payback waterfall.
This is all in the back of compound and soon Aave, this isn't an imaginary token like all these DeFi project's claim to be,

So it's insured + leveraged

>> No.24047887
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24047887

>>24047823

>> No.24047938

Ok, how the fuck do I get in on this.

>> No.24047961

>>24047938
buy it on Uniswap, DO NOT further dilute my share of the DAI pool at saffron.finance