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Gate launches SAFFRONFI limited-time 30-day fixed financial management, Annual Percentage Rate 200%
Gate News bot message, according to the Gate announcement on October 16, 2023
Gate Yu Bi Bao will launch a 30-day fixed investment product for SAFFRONFI, with a total quota of 4,100 SAFFRONFI and an annualized yield of 200%. The subscription period for this investment product is open from October 16 at 14:00 to November 15 at 14:00 (UTC+8).
Saffron is a DeFi protocol focused on converting volatile yields into fixed income. The protocol achieves decentralized interest rate swaps between fixed and floating yields through a treasury mechanism, providing users with investment options that cater to different risk preferences.