saffron.finance
SFI#1273 by market capQualifies for a record and its pages are captured daily, but the record has not been written yet.
saffron.finance is for fixed interest. We have not written its record yet, so its promises are not checked. It trades at $123.08, #1207 of all coins by size, 96% below its highest ever price.
This week Nothing changed on its record.
A real job, real backing. No dated promises on its pages. Nothing dated ahead. #2 of 6 fixed interests. Nothing to be careful of on the record.
Is it real?
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3 of 4
- ✓A real-world jobReal-world purpose: fixed interest
- ✓Real backingBacking: backed by Coinbase Ventures
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- ✓Room to growRoom: worth $9.69M, 42 times smaller than Pendle, the biggest coin within reach doing the same thing (Fixed Interest)
Backed by Coinbase Ventures and 2 more
- Origin19 February 2021about about 5 yearssaffron.finance, GitHub
- DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
- BackingCoinbase Ventures, Multicoin Capital, DragonFly CapitalInvestor tags from CoinGeckoNot on a big exchange we track
- Standing on the recordNo recordNo dated promise to judge yet3 headlines last monthNo corrections needed so far
It is already worth more than the typical coin in Fixed Interest ($4.54M). To match the leader, Pendle ($409.64M), its price would need to rise 4126%, to about $5,202.
Still to check
- No dated promise on record yet, so delivery cannot be judged
- Listed on fewer than two big exchanges
- Only 3 headlines named it last month
What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.
A gap is not a forecast. Most small coins never close it. The site never picks.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.
Does it deliver?
No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.
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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it
What is next, and when?
Nothing dated has been found on its pages, so there is no date to wait for yet.
How big is it next to its rivals?
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world
Fixed interest
6 coins tagged Fixed Interest, worth $436.2M together. #2 of 6 by worth.
Fixed Interest: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
saffron.finance$9.69Mthis coin−4.0%80% outno record
Pendle$409.64M42.3× bigger, +$399.95M+2.6%, gap +6.6no maxnone dated
Inverse Finance$6.13M1.6× smaller, −$3.56M−2.4%, gap +1.6no maxno record
TermMax$4.54M2.1× smaller, −$5.16M−0.8%, gap +3.215% outno record
Nexora$4.07M2.4× smaller, −$5.63M−1.6%, gap +2.456% outno record
Spectra$2.13M4.5× smaller, −$7.56M−0.7%, gap +3.355% outno record
Fixed Interest: this coin next to Pendle, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.
- saffron.finance says
- Saffron is a new fixed yield DeFi primitive.
- Pendle says
- Pendle describes itself as a platform for trading crypto yield.
Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.
Saffron is a new fixed yield DeFi primitive. Saffron vaults split fees earned on Uniswap into fixed and variable yield.
Problem it says it solves: fixed interest. 6 coins are working on it and together they are worth $436,199,698. This coin is 2% of that.
Where it trades: Uniswap V3, Bilaxy, Gate, Uniswap V2, Sushiswap
Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
What should make me careful?
Nothing printed today
None of the six tests fails. A missed promise counts only on a record a person has checked.
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Fixed Interest: this coin next to the group's largest, Pendle.
| saffron.finance | Pendle | |
|---|---|---|
| Years trading | 6 years | 4 years |
| Major exchanges | 0 | 9 |
| Named backers | 3 | 0 |
| Headlines, last month | 3 | 27 |
| Promises delivered | no record | no record |
What it says is different: Saffron is a new fixed yield DeFi primitive. Saffron vaults split fees earned on Uniswap into fixed and variable yield.
It is 2.4% the size of Pendle. On the facts above it is behind on major exchanges, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it, listings on major exchanges. Nothing here says it will; the site does not predict.
The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.
The homework: the coin itself, the news, the record
The coin itself
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The last 7 days
Where today sits against its highest ever price
Highest ever: $3,496 on 19 February 2021. Today is 4% of that.
80%
of all SFI that will ever exist is already out in public hands: 80.1K coins.
20% (19.9K coins) is already created but not in public hands, held by the project or locked in escrow. That is a small share. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
Its pages do not say what holding it gets you
That is worth knowing before buying. A coin nobody needs is priced on hope.
- Nothing the project's own pages spell out.
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
- of the maximum supply is in circulation: 80.1K of 100K.
- 19.9Kcoins still to be released, 20% of the maximum. Releases can add selling pressure.
- 1.2×fully diluted value versus today's market cap. The gap is coins not yet released.
- of its all-time high of $3,496 on 19 February 2021. That is −96.5% from the top.
- #1207by market cap, $9,692,727.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
What the news says
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Headlines per day, last 30 days
3 headlines named this coin in the last month.
What they were about
Why it movedDown 20% this week. No headline named it in the last three days, so the move is not explained by news we can see.
- Digital Assets: From Cryptocurrencies to Meme Coins - Page 50
- Token Transparency Framework
- DeFi - Page 9
Headlines are the publishers' own. News is never placed next to price.
The record itself
Qualifies for a record and its pages are captured daily, but the record has not been written yet.
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy