Add $SFI as a collateral asset on CREAM Ethereum

Voting ended almost 5 years agoSucceeded

SUMMARY

Saffron is a chain-agnostic, risk-adjustment protocol in DeFi. Saffron enables yield farmers to mitigate staking risks while simultaneously benefiting from the composability, transparency, and capital efficiency of smart contracts. $SFI is already a supported asset on C.R.E.A.M.'s Fantom chain.

$SFI is Saffron’s native governance token on Ethereum

For: List SFI as a collateral asset on C.R.E.A.M. Ethereum

Against: Do nothing

MOTIVATION

Abstract

Following its launch on Ethereum several months ago, Saffron has recently integrated with Binance Smart Chain and has plans to continue to develop cross-chain to be a critical risk-mitigation tool as part of the entire DeFi ecosystem.

Benefits to CREAM

As the first major DeFi money market protocol to integrate $SFI, CREAM would be well positioned to capture additional TVL as greater adoption of risk-adjusted protocols evolve

Potential for further synergies down the line. Risk-adjusted strategies could be built atop the Saffron protocol

Milestones

First risk-based tranche product deployed in DeFi across multiple chains (ETH, BSC, FTM)

Current TVL: $60M+

Partnerships

Alpha Finance Lab

Rari Capital

Sushiswap (Onsen)

Portion

Resources

Main Website: saffron.finance

Github: https://github.com/saffron-finance/saffronhttps://github.com/saffron-finance/saffron