Market Rank | #2781 |
---|---|
Market Cap | $ 2.3M |
Volume 24h | $ 46.6K |
Circ. Supply | 80.0K |
Total Supply | 92.1K |
Max Supply | 100.0K |
The current price of saffron.finance (SFI) is $ 29.10.
saffron.finance (SFI) is a cryptocurrency that operates on various blockchain platforms. It functions as a decentralized finance (DeFi) solution, offering users the ability to earn interest on their digital assets.
The creators of saffron.finance designed the cryptocurrency with a vision to provide users with flexible, profitable, and democratic yield optimization. The exact identity of the team behind SFI is pseudonymous, which aligns with the decentralized nature of blockchain.
saffron.finance, unlike some other cryptocurrencies that serve only transactional purposes, focuses on yield optimization. It provides a platform that enables users to allocate their resources to the best-performing protocols.
While conventional mining may not be applicable to SFI, the platform relies on staking and liquidity provision, which are processes similar to mining. Through these processes, users earn interest and help ensure the network's stability.
saffron.finance does not undergo halving in the traditional sense, like Bitcoin. Rather, its yield generation depends on the economic stimuli created by the staking and liquidity provision processes that its users undergo.
The saffron.finance Network employs various security measures common to cryptocurrencies, including encryption and decentralization, to ensure the security, integrity, and resilience of the network.
Currently, there are 80.0K SFI tokens in circulation.
saffron.finance is considered a store of value due to its limited total supply of 92.1K SFI. This limited supply and the resultant scarcity increase its potential to serve as a hedge against inflation.
Recently, the price of saffron.finance has decreased by -3.16%.
Saffron.finance can be purchased safely on the following exchanges: Indodax, Gate.io.
To securely store your SFI tokens, using a wallet that you control the private keys to is generally recommended. Wallets can be hardware-based, software-based, or a combination of both.
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