Meet the Non-Liquidating Crypto Lending Platform
Savvy is an auto-repaying and non-liquidating DeFi lending platform that gives users the ability to get an advance on their future yield immediately.
Meet the Non-Liquidating Crypto Lending Platform
Savvy is an auto-repaying and non-liquidating DeFi lending platform that gives users the ability to get an advance on their future yield immediately.
Working With
How to use Savvy
Want to diamond-hand and paper-hand at the same time? You can do it with Savvy!
Choose Strategy
Get funds ready in your wallet. Select a suitable yield strategy that generates and auto-compounds yield to optimize your APY.
Supply Collateral
Deposit base tokens in the permissionless, non-custodial smart contract. Your tokens are always safely in your control.
Spend & Save
Borrow with ease knowing that your collateral is working for you. You can maintain long-term exposure to your preferred tokens and gain access to immediate capital.
Auto Repay
The Savvy Credit Line is automatically paid back with your yield. You can also repay at any time with svTokens and base tokens in your wallet or with collateral.
Boost Yield
Use our no-lockup vote escrow model to boost yield. Stake your SVY tokens to earn veSVY; the longer you stake, the more you earn.
Provide Liquidity
Want to earn additional rewards? Add liquidity to our incentivized svToken stable swap pools to deepen liquidity and maintain prices.
Frequently Asked Questions
Quick Questions
Knowledge is a priority for us. So here are a couple of FAQ’s. Feel free to ask us anything in our Discord and Twitter or contact us in private.
Savvy is a synthetic credit protocol that provides non-liquidating, auto-repaying lines of credit.
Since the collateral and credit line are denominated in the same unit of account, the loan always stays overcollateralized regardless of market volatility.
Borrowers' collateral is inputted into yield-bearing strategies that are integrated with Savvy. The yield generated by these strategies is attributed to the balance of the loan, effectively repaying the loan over time.
We accept stablecoins (DAI/USDT/USDC), AVAX, BTC, and some derivatives as collateral.
SVY is the governance token of the Savvy protocol. SVY is used for DAO membership and governance, protocol access, and to incentivize liquidity providers.
Synthetic tokens maintain their peg through three mechanisms:
1. SVY incentives - SVY incentives encourage liquidity provision to certain pools
2. Algorithmic Market Operation - Protocol owned liquidity used to automatically balance liquidity pools
3. Savvy Swap - Exchange svTokens for base tokens at a guaranteed but non-instantaneous 1-to-1 redemption
Since the collateral and credit line are denominated in the same unit of account, the credit line is unaffected by dollar value variability.
Yes, Savvy is audited by Halborn.
