Saber is a decentralized exchange that was deployed in 2020. It provides liquidity for pools. Investors can deposit crypto assets into a Saber liquidity pool to earn passive yield from transaction fees, token-based incentives, and eventually automated DeFi strategies. Saber was designed based on the Solana blockchain. So, liquidity and a proper level of security should be provided. The system can be treated as a Solana cross-chain network that allows transferring crypto coins between various blockchains.
We have grouped some of the core statements and facts about how the platform functions based on Solana. Let’s talk about advantages and features on the service:
- The platform supports the following blockchains: Supporting assets from Solana, Ethereum, BSC, Terra, Avalanche, Polygon, Celo, and more.
- The system is built around the Solana blockchain.
- It’s a cross-chain liquidity network.
- SBR is a stable token on Solana.
- There’s lower slippage than Raydium.
- Saber has shown a lower slippage, especially on big transactions.
- Saber leverages Solana’s key advantages: low costs and immediate transaction settlements. Transfers go without delays.
- Token type: Utility, Governance.
- Circulating Supply is 99,666,196
- Total Supply is 100,130,201
- Max Supply is 10,000,000,000
- SBR Token Allocation: mining (31%), partnership and ecosystem (25%), developers team (19%), strategic fundraise (15%), liquidity reserve (8%).
- Governance: SBR holders will have voting power within the Saber DAO.
- Saber focuses on AMM optimized for trading all kinds of pegged assets on Solana.
We can see various pools with names of tokens, APY, and LIQ data.
How does Saber work?
- The platform allows us to trade tokens. We can decide what slippage we can tolerate. An average one is between 0.1% and 1%.
- The system allows users to stack coins participating in the liquidity pools.
- We can buy SBR tokens.
- Staking tokens to get profits from fees, swaps, and commissions.
- We can create a liquidity pool.
- We are allowed to trade with low slippage and minimal fees.
There are various pools that are based on SOL, USD, BTC, ETH, and other tokens.
We can see farm details: LUNA, renLUNA, amount of stacked assets, and APY.
What can you buy on Saber?
We can buy SBR tokens. Also, we can exchange tokens using the exchange rate that is available on the site.
Is Saber safe?
Yea, it’s. The platform was designed based on the Solana blockchain. Solana allows working with high security, low commissions, and high executing speed within the network.
Saber fees, compatible wallets, and transactions
An average cost for (SBR) Solana’s transaction is $0.00025 within the network.
What are the ways to trade on Saber?
We can trade/exchange it within the platform functionality or trade on other platforms like: Gate.io, Binance, Coinbase, and others.
The presentation includes only positive testimonials about people’s experience of using the system. The company runs a Twitter page that was created in November 2020 and has 67.3K subscribers. So, we have no country of residency. The Saber platform supports Solana, Ethereum, BSC, Terra, Avalanche, Polygon, Ceio, etc.
Should you buy a Saber token?
Saber summarySaber summary
- SBR token is available
- The platform works on the Solana blockchain
- There are various pool possibilities
- A short list of available pool
- A shot list of coins that can be added to pools
- Low pools’ profitability
- The service is just a bit more than a year old