Savvy is an auto-repaying and non-liquidating DeFi credit platform that gives users the ability to get an advance on their future yield immediately.
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.
Want to diamond-hand and paper-hand at the same time? You can do it with Savvy!
Select strategies that generate and auto-compounds yield to optimize your APY.
Deposit crypto in smart contracts and maintain full control over your assets from the safety of your wallet.
Spend & Save
Borrow up to 50% of your deposit and get instant access to liquidity with svUSD, svETH, and svBTC (svTokens) while your collateral earns yield.
Repay your loan on your own terms. Use svTokens, tokens in your wallet, or even let your collateral do it at any time.
Borrowers and liquidity providers earn yield with Savvy, stakeSVY in veSVY boosting yields and governance power.
Take advantage of our incentivized svToken stable swap pools to boost liquidity, and earn more yield.
A synthetic credit protocol that enables you to access non-liquidating, auto-repaying lines of credit.
Collateral and credit lines are denominated in the same unit of account (ETH mints svETH). The loan always stays overcollateralized regardless of market volatility.
Borrowers' deposit 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), ETH, BTC, and some LSDs as collateral.
As a vital component of the ecosystem, SVY enables DAO membership and unlocks access to the protocol's smart contracts. SVY also serves as a potent dual incentive for liquidity providers and borrowers, fueling the growth of the platform.
Synthetic tokens maintain their peg through three mechanisms:
1. Savvy Swap - Exchange svTokens for base tokens at a guaranteed but non-instantaneous 1-to-1 redemption.
2. Algorithmic Market Operation - Protocol owned liquidity used to automatically balance liquidity pools.
3. SVY incentives - SVY incentives encourage liquidity provision to certain pools.
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.