Savvy ETH (SVETH)

Savvy ETH (SVETH)

Coin Information

Unkown Country Icon Unknown Country
Blockchain icon Blockchain: Arbitrum
Ticker icon Ticker: SVETH
Type icon Type: Token
Asset or Contract address icon Contract:

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About Savvy ETH?

Savvy ETH (Ticker: SVETH) is an auto-repaying and non-liquidating DeFi lending platform that empowers users to access an advance on their future yield. With Savvy, users can make their crypto work for them without the fear of liquidation. Users can optimize their APY while maintaining full control over their assets by selecting strategies that generate and auto-compound yield.

Through Savvy’s synthetic credit protocol, users can access non-liquidating, auto-repaying lines of credit. Collateral and credit lines are denominated in the same unit of account (ETH mints svETH), ensuring the loan remains overcollateralized regardless of market volatility. Borrowers can repay their loans on their terms using svTokens and tokens in their wallet or even allowing their collateral to do it at any time.

At the heart of Savvy’s ecosystem is the SVY token, which enables DAO membership and unlocks access to the platform’s smart contracts. SVY also acts as a dual incentive for liquidity providers and borrowers, driving the platform’s growth. Savvy maintains the peg of its synthetic tokens through a combination of Savvy Swap, algorithmic market operation, and SVY incentives, ensuring stability and reliability within the system.

Frequently Asked Questions

We currently have no price information of Savvy ETH SVETH available.
The circulating supply of Savvy ETH is 0.
The total supply of Savvy ETH is unknown.
The max supply of Savvy ETH is unknown.
Unfortunately the country of Savvy ETH is unknown.
Savvy ETH is a token running on the Arbitrum blockchain.
The contract address of Savvy ETH is 0xf7728582002ef82908c8242CF552E969BA863Ffa.

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