Savanna Finance is an algorithmic stablecoin platform with the main token SVN currently pegged to the value of 1 MMF. An Algorithmic Stable Coin (ASC) is a non-collateralized stablecoin tailored for improving price stability. Savanna Finance’s full focus is to build a true cross-chain algorithmic stable coin protocol that is stabilized with true use-cases all around the DeFi Ecosystem.

The SVN algorithmic token serves as the backbone of a rapidly growing ecosystem aimed towards bringing liquidity and new use cases to the MMF Ecosystem. The protocol's underlying mechanism dynamically adjusts SVN's supply, pushing its price up or down relative to the price of MMF.