CACP, which recommends MSP, is again not a statutory body and its just an office attached to Ministry of Agriculture. CACP just recommends MSP but the decision on fixing and even not fixing 👇
POINTS RELATED TO #MSP
1) MSP does not have any legal backing till now and farmers can't demand it as a right. Its just government policy and an administrative decision to purchase food grains at MSP. And govt can't even force private players to provide MSP. 👇
CACP, which recommends MSP, is again not a statutory body and its just an office attached to Ministry of Agriculture. CACP just recommends MSP but the decision on fixing and even not fixing 👇
See there are two things, ONE is declaration of MSP and the SECOND is procurement of food grains at MSP by Govt. Agencies. The declaration of MSP has no meaning (its worthless) if Govt. agencies are not procuring at MSP. 👇
2) Why farmers are scared about the agri reforms???👇
Procurement at MSP of only wheat and rice from Punjab and Haryana has totally distorted agriculture production, resulting in Soil degradation👇
4) The Essential Commodities Act 1955 mentions sugarcane and sugar as essential commodities and through that Act, 👇
5) Its like Central govt and State govt combined is giving more than Rs. 3 lakh crore every year as subsidy to farmers like MSP, urea, electricity, water, purchase of equipments etc. etc👇
More from Finance
Below are some updated thoughts on potential integrations, improvements, and innovations for Saffron moving forward. ⬇️
1/11 @saffronfinance_ ($SFI) is DeFi's new kid on the block with its tranched yield product that is already live with DAI on @compoundfinance. https://t.co/JpqnxhwrDw
— Benjamin Simon (@benjaminsimon97) November 19, 2020
2/18 First, if you haven't seen @Privatechad_'s alpha-leaking introductory thread, you should check it out.
I agree that @AlphaFinanceLab and @CreamdotFinance, specifically the Iron Bank, would be ideal targets for SFI risk tranches.
15/. 3. Though not the focus atm, interest from various projects and integrations are happening.
— Private Chad (@Privatechad_) February 1, 2021
* Chainlink reached out (props to the amazing $LINK team).
* Talks with $ALPHA and rumored upon V2 releases there will be a collaboration.
*Cream integrations in v2
* $COMP tranches pic.twitter.com/IXCtzvSkw7
3/18 Speaking more broadly, Saffron is primarily integrated with @compoundfinance, which has served as a MVP of sorts.
The thing is, Compound is one of the safest (but also lowest yield) protocols in DeFi, so it's not surprising that there isn't much demand for the sen. tranche.

4/18 Expanding beyond Compound to higher-risk/higher-return protocols has always been key.
These protocols are the bread-and-butter target market for Saffron, and I would expect to see a surge in demand for senior tranche staking in these
4/11 Imo, the golden egg will be vault platforms like @iearnfinance, @picklefinance, etc.
— Benjamin Simon (@benjaminsimon97) November 19, 2020
Recently, some of these higher risk platforms (e.g. @harvest_finance) have been hit with a wave of attacks.
Saffron will enable cautious investors to use these products with peace of mind.
5/18 Additionally, @DeFiGod1 convinced me that Senior Tranche pools would be more appealing if they offered fixed yield.
Essentially, Saffron would augment the product offerings of @Barn_Bridge by also offering senior stakers insurance in the form of junior tranche collateral.
For a naked option to make money, it's better if IV rises or at least stays flat.
Rule 3 : DO NOT run or trade everything that moves. Focus on a few stocks and master them. When a move comes, make the max out of that move.
— Subhadip Nandy (@SubhadipNandy16) October 14, 2021
Example : in this crazy mkt, I did not even trade TataMotors this week. Stayed focussed on ITC and it gave good returns https://t.co/41wkugZg1I
This is a thread I wrote on IV, IVR etc
IV - A thread
— Subhadip Nandy (@SubhadipNandy16) September 20, 2018
In financial mathematics, implied volatility of an option contract is
that value of the volatility of the underlying instrument which, when
input in an option pricing model ) will return a theoretical value equal to the current market price of the option (1/n)