The SVY token has several utilities for users of the Savvy Protocol. Specifically, the structure incentives participants to:
-DAO membership to govern proposals for the protocol
-Stake to earn veSVY exponentially over time
-Borrow a greater line of credit to boost rewards
-Strengthen liquidity & price stability for svTokens
Borrowers can earn more SVY by staking their tokens to boost their collateral's APY through boosted rewards. This creates a positive feedback loop where users are incentivized to hold and use SVY, which creates more demand for the token and helps establish a stable economic model.
The SVY token gives token holders significant influence on liquidity distribution through voting on gauges. This means token holders have a say in how future liquidity will be distributed to the svToken pools, an essential aspect of the protocol's overall success.
What is the highest value Savvy (SVY) has ever reached?
Savvy (SVY) reached its peak price at 0.9878 $ on 18 September 2025, approximately a few seconds ago ago. Presently, the current price is -47.48% lower than this all-time high.
What is the historical minimum price for Savvy (SVY)?
The minimum price reached for Savvy (SVY) was 0.138 $, documented on 18 September 2025, more than a few seconds ago. In comparison, the current price is 275.66%, it above this historical low.
What is the fully diluted valuation of Savvy (SVY)?
The fully diluted valuation (FDV) of Savvy (SVY) stands at $ 5,18 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 10,000,000 SVY tokens. The realization of this FDV might take several years depending on the emission schedule of SVY tokens.