SaucerSwap, the inaugural decentralized exchange (DEX) on the Hedera network, was introduced in August 2022. SaucerSwap offers a venue for automated market making (AMM) and the exchange of HBAR and HTS tokens, emphasizing robust security, resistance to censorship, and self-custody. These attributes position SaucerSwap as a significant participant in the decentralized finance (DeFi) sector, particularly for individuals in search of streamlined and economical trading options.
SaucerSwap offers two versions of its protocol: V1 and V2. V1 is based on Uniswap V2's AMM model, while V2 integrates Uniswap V3's concentrated liquidity features, significantly increasing capital efficiency. SaucerSwap also integrates with the Hedera Token Service (HTS) for high throughput, low fees, and rapid transaction finality. Additionally, SaucerSwap introduces the Liquidity-Aligned Reward Initiative (LARI) to streamline token incentives for efficient liquidity provision.
SAUCE has a total supply of 743,420,000.
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