saffron.finance (SFI) Reaches Market Capitalization of $6.43 Million

saffron.finance (SFI) traded down 4.3% against the U.S. dollar during the 24 hour period ending at 0:00 AM Eastern on May 25th. Over the last week, saffron.finance has traded 7.6% lower against the U.S. dollar. One saffron.finance coin can now be purchased for about $70.60 or 0.00236690 BTC on popular exchanges. saffron.finance has a total market capitalization of $6.43 million and approximately $30,928.00 worth of saffron.finance was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over the last day:

  • BITCOIN ADDITIONAL (BTCA) traded down 0.9% against the dollar and now trades at $29,833.41 or 1.00020095 BTC.
  • Binance USD (BUSD) traded up 0.1% against the dollar and now trades at $1.00 or 0.00003356 BTC.
  • Crypto.com Coin (CRO) traded 5% higher against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Dai (DAI) traded up 0% against the dollar and now trades at $1.00 or 0.00003354 BTC.
  • THETA (THETA) traded flat against the dollar and now trades at $5.25 or 0.00010640 BTC.
  • Polygon (MATIC) traded down 1.1% against the dollar and now trades at $0.66 or 0.00002197 BTC.
  • yOUcash (YOUC) traded down 0% against the dollar and now trades at $0.50 or 0.00001677 BTC.

saffron.finance Coin Profile

saffron.finance is a coin. saffron.finance’s total supply is 92,123 coins and its circulating supply is 91,121 coins. saffron.finance’s official message board is medium.com/saffron-finance. saffron.finance’s official Twitter account is @saffronfinance_.

According to CryptoCompare, “The SFI token is capped at 100,000 and is generated every 2 weeks during the wind down of an epoch. Tokens are earned by LPs proportional to how many dollars per second (dsec) they provided to the system for the duration of an epoch. SFI token subsidy is halved every epoch until epoch 8. From that point on, the system steadily releases 200 SFI tokens per epoch, until reaching the 100,000 cap. There are no fees on Saffron in version 1. Later versions will introduce Saffron platform fees, and at that time, staking SFI tokens will earn SFI holders a proportion of fees incurred by users. When SFI token generation ends fees will continue to provide incentives to liquidity providers. SFI tokens must be staked for LPs to join the enhanced return A tranche. Saffron is a peer to peer risk exchange and decentralized risk arbitrage marketplace,¬†consisting of pools of liquidity. Pools in saffron.finance collect deposited base assets from liquidity providers and deploy them on platforms to earn interest.¬† “

Buying and Selling saffron.finance

It is usually not possible to purchase alternative cryptocurrencies such as saffron.finance directly using US dollars. Investors seeking to trade saffron.finance should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase saffron.finance using one of the aforementioned exchanges.

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