What is Saffron Yield?

Built on the Binance Smart chain, each SFN token is backed by a basket of assets (BUSD, LPs, etc.) in the Saffron treasury, giving it an intrinsic value that it cannot fall below. SaffronYield aims to create the go-to reserve currency that the BSC needs while optimizing for short & long-term profit for holders of the SFN token. Our unique project introduces economic and game-theoretic dynamics into the market through farming and bonding to achieve this.

After every 30 days, 3% of the money entering the liquidity pool, will be donated to a global environmental organization. This organization will be WWF, from treasury.

How can I benefit from Saffron Yield?

As a yield farmer, you might lend digital assets such as Dai through a DApp, such as Compound (COMP), which then lends coins to borrowers. Interest rates change depending on how high demand is. The interest earned accrues daily, and you get paid in new COMP coins, which can also appreciate in value. Compound (COMP) and Aave (AAVE) are a couple of the most popular DeFi protocols for yield farming which have helped popularize this section of the DeFi market.

Instead of just having your cryptocurrency stored in a wallet, you can effectively earn more crypto by yield farming. Yield farmers can earn from transaction fees, token rewards, interest, and price appreciation. Yield farming is also an inexpensive alternative to mining — since you don’t have to purchase expensive mining equipment or pay for electricity.