SaucerSwap
SaucerSwap is the leading decentralized exchange protocol on the Hedera network, implemented as a set of non-upgradable smart contracts focused on censorship resistance, security, and self-custody.
SaucerSwap leverages the Hedera Token Service (HTS) for its rapid throughput and low-cost, U.S. dollar-denominated fee structure. Hedera's architecture ensures fair transaction ordering on SaucerSwap. This nullifies the possibility of MEV attacks seen in Ethereum-based protocols like Uniswap.
The protocol has two iterations: SaucerSwap V1 operates as a constant product AMM, while V2 introduces concentrated liquidity for better capital efficiency.
SAUCE, the native token of SaucerSwap, has multiple roles:
Governance: SAUCE enables token holders to participate in the SaucerSwap DAO, voting on ecosystem-wide proposals such as protocol upgrades and incentive alignments.
Liquidity: Governed by the Masterchef smart contract, SAUCE is used to incentivize liquidity in SaucerSwap V1 and V2.
Staking: SAUCE holders can stake their tokens to earn a share of trading fees, HBAR staking rewards, and emissions through an automated buyback mechanism.
For more information, visit https://docs.saucerswap.finance
Symbol |
sauce |
Current Price |
$0.07419900 |
Market Cap |
$48,633,067 |
Market Cap Rank |
689 |
24h Change |
-1.46%
|
Circulating Supply |
649,298,672 |
Total Supply |
1,000,000,000 |
All-Time High |
$0.23346700 |
All-Time Low |
$0.00997926 |
Twitter Followers |
36,196 |
Last Updated |
2024-06-09T14:47:13.955Z |
Developer Data
Forks |
4 |
Stars |
7 |
Subscribers |
2 |
Total Issues |
0 |
Closed Issues |
0 |
Pull Requests Merged |
0 |
Pull Request Contributors |
0 |
Commit Count (Last 4 Weeks) |
0 |