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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.
Market Stats
Market Cap
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FDV
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Circ. Supply
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Max Supply
No maximum supply
Total Supply
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Performance
Popularity
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Dominance
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Volume (24H)
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Volume (7D)
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Volume (30D)
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All time high
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Price Change (1Y)
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The current price is £0.3916 per SVY with a 24-hour trading volume of £0.00.
Market details
SVY vs markets
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SVY vs BTC
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SVY vs ETH
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Tags
Network & Addresses
Network | Address | |
|---|---|---|
Arbitrum | 0x43aB8f7d2A8Dd4102cCEA6b438F6d747b1B9F034 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.3916 | Not enough data |
1 Day | £0.3918 | Not enough data |
1 Week | £0.3931 | |
1 Month | £0.3835 | |
1 Year | £0.001278 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Savvy calculator
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Legal
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