Proposal: Add $SFI as a collateral asset on CREAM Ethereum

SUMMARY

Saffron is a chain-agnostic, risk-adjustment protocol in DeFi. Saffron enables yield farmers to mitigate staking risks while simultaneously benefiting from the composability, transparency, and capital efficiency of smart contracts. $SFI is already a supported asset on C.R.E.A.M.'s Fantom chain.

$SFI is Saffron’s native governance token on Ethereum

For: List SFI as a collateral asset on C.R.E.A.M. Ethereum

Against: Do nothing

MOTIVATION

Abstract

Following its launch on Ethereum several months ago, Saffron has recently integrated with Binance Smart Chain and has plans to continue to develop cross-chain to be a critical risk-mitigation tool as part of the entire DeFi ecosystem.

Benefits to CREAM

As the first major DeFi money market protocol to integrate $SFI, CREAM would be well positioned to capture additional TVL as greater adoption of risk-adjusted protocols evolve

Potential for further synergies down the line. Risk-adjusted strategies could be built atop the Saffron protocol

Milestones

  • First risk-based tranche product deployed in DeFi across multiple chains (ETH, BSC, FTM)

  • Current TVL: $60M+

Partnerships

  • Alpha Finance Lab

  • Rari Capital

  • Sushiswap (Onsen)

  • Portion

Resources

Social / Community

Additional Resources

8 Likes

No brainer.

Let´s make it happen.

3 Likes

Do it! Please add SFI!

2 Likes

Please submit a proposal on Snapshot; I would definitely vote for this.

2 Likes

looks good, submit it!

I think this proposal would bring value to both CREAM and SFI

Please make this happen! Let’s vote!

Snapshot is up!

https://vote.cream.finance/#/cream-finance.eth/proposal/QmZuyzUuARPzUu7rjHChauCXMduBrFj9rJjnygGBmJtLZH

1 Like

Snapshot has passed 81.55k to 0!

1 Like