Savvy DeFi (SVY) Live Price and charts Today

1 Savvy DeFi (SVY) Price Today in USD is -

Savvy DeFi (SVY) = - USD

Savvy DeFi (SVY) all-time high (ATH) is - USD

The maximum supply of Savvy DeFi (SVY) is 10,000,000.00

Savvy DeFi (SVY) 24h volume is - USD

Savvy DeFi (SVY) Market Cap is - USD

Kindly note that the smart-contract owner can mint new tokens. Please proceed with caution.

Savvy DeFi

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  • Rank #N/A
  • Market Cap -
  • 24H Spot Volume
  • 24H Volume / Market Cap -
  • Circulating Supply 2,580,914.00
  • Total Supply 10,000,000
  • Max Supply 10,000,000.00
  • Fully Diluted Valuation -
  • API ID savvy-defi copy duigou
  • Project Start Date -
  • Contracts & Explorer(s) coin-img 0x43a...9f034
    copy duigou
  • Websites Website
  • Links
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About SVY Roadmap & Milestones
The SVY token has several utilities for users of the Savvy Protocol, a decentralized credit protocol on Arbitrum that grants borrowers access to an immediate advance on the future yield of their collateral with 0% interest and no monthly payments.

The SVY token has several utilities for users of the Savvy Protocol. Specifically, the structure incentives participants to: 

  • DAO membership to govern proposals for the protocol 
  • Stake to earn veSVY exponentially over time -Borrow a greater line of credit to boost rewards 
  • Strengthen liquidity & price stability for svTokens 

Borrowers can earn more SVY by staking their tokens to boost their collateral's APY through boosted rewards. This creates a positive feedback loop where users are incentivized to hold and use SVY, which creates more demand for the token and helps establish a stable economic model. The SVY token gives token holders significant influence on liquidity distribution through voting on gauges. This means token holders have a say in how future liquidity will be distributed to the svToken pools, an essential aspect of the protocol's overall success.

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