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Stake Vault
SVN

About Stake Vault

Savanna Finance is a platform for algorithmic stablecoins, with its primary token SVN pegged to the value of 1 MMF. An Algorithmic Stable Coin (ASC) is a non-collateralized stablecoin designed to enhance price stability. The main goal of Savanna Finance is to develop a genuine cross-chain algorithmic stablecoin protocol that is backed by real use cases across the DeFi ecosystem. The SVN token forms the core of a rapidly expanding ecosystem that aims to increase liquidity and introduce new applications within the MMF community. The protocol’s mechanism automatically adjusts the supply of SVN, influencing its price in relation to MMF.

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