About Savvy
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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Market Stats
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Additional details
Market details
SVY vs markets
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Tags
Network & Addresses
Network | Address | |
|---|---|---|
Arbitrum | 0x43aB8f7d2A8Dd4102cCEA6b438F6d747b1B9F034 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0017 | |
1 Day | $0.0017 | |
1 Week | $0.0017 | |
1 Month | $0.0017 | |
1 Year | $0.0051 |
FAQ
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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