Savvy DeFi is a decentralized credit protocol that allows users to take out loans against their yield-bearing collateral (such as stETH or GLP) without the risk of liquidation from price volatility. The protocol's key innovation is that the loan is automatically paid down over time using the future yield generated by the user's deposited assets, while the principal remains untouched and accessible to the user. The mission is to provide a more capital-efficient and less risky borrowing experience within the DeFi ecosystem.

Founded in

United States