saffron.financePrice

(SFI)

The original Saffron Finance protocol, known for its risk-tranching system, has undergone a ticker adjustment due to market confusion. A new, unrelated project called Singularity Finance recently adopted the SFI ticker after a major merger. To differentiate, many exchanges have rebranded the original Saffron Finance token to SAFFRONFI. Therefore, if you are looking for the original risk-tranching protocol, you should now search for SAFFRONFI to avoid confusion with the much larger supply token of Singularity Finance.

In Saffron Finance, the AA Tranche (Senior) offers lower yields but is prioritized for repayment, being the first to recover funds in the event of a platform failure like a hack. The A Tranche (Junior), conversely, provides much higher yields but functions as the 'first loss' capital. This means A-tranche funds are utilized to compensate AA-tranche holders first if a security incident occurs, making it suitable for users willing to take on more risk for potentially greater returns.

The original Saffron Finance (SAFFRONFI) token possesses an exceptionally low maximum supply of just 100,000 tokens. This inherent scarcity is a defining feature that distinguishes it within the cryptocurrency landscape and is often highlighted by its community. This contrasts significantly with the new project also using the SFI ticker, which has a much larger supply of 500 million tokens, reinforcing the unique tokenomics of the original protocol.

Yes, Saffron Finance was launched by a pseudonymous developer known as Psykeeper, a common practice in early decentralized finance but a frequent consideration for new investors. Regarding security, the protocol has undergone audits by reputable firms, such as PeckShield, during its V1 and V2 iterations. These audits help to verify the smart contracts' integrity. Users are always encouraged to review the latest audit reports for peace of mind before interacting with the protocol.

Saffron Finance utilizes a 'Payback Waterfall' mechanism to mitigate risks associated with failures in underlying platforms (e.g., Aave or Compound). If an incident occurs, this system prioritizes AA-tranche holders, ensuring their principal and interest are paid back first from the remaining pool assets. A-tranche holders are then compensated. If there are insufficient funds, A-tranche holders bear the initial losses, effectively acting as the insurance layer for the senior tranche.

This change is a direct result of market confusion stemming from a new, unrelated project, Singularity Finance, recently adopting the SFI ticker. To help users differentiate and avoid misidentification, many crypto exchanges have proactively updated the name of the original Saffron Finance token. Therefore, if you're searching for your original SFI assets, you should now look for SAFFRONFI on supported platforms where this rebranding has been implemented to ensure you access the correct protocol and token.