Hedera offers explorers like HashScan and Explore that serve similar functions to Etherscan on the Ethereum network. SaucerSwap Labs is responsible for developing the SaucerSwap open-source protocol, along with maintaining a web interface.
Does Hedera have a blockchain explorer like Etherscan?
Buy & sell SaucerSwap (SAUCE) with fiat currencies (USD, CAD, AUD, EUR, GBP etc) or another coin such as BTC or ETH. As of Hedera mainnet version 0.39.0, SaucerSwap requires your approval to execute a transaction on your behalf. For more details, see Hedera Network Security Update & SaucerSwap and SaucerSwap Labs | DEX Tutorials | Allowances. In the context of Hedera, token association refers to the process of linking a specific HTS token to an existing account. This is a necessary step before the account can send, receive, or hold that particular token.
SaucerSwap Leading Crypto Trading Protocol on Hedera
SaucerSwap V2 builds upon the principles of Uniswap V3’s concentrated liquidity AMM, allowing liquidity providers (LPs) to specify custom price ranges for their HBAR and HTS token pairs. Individual positions are aggregated into a single pool, forming a composite curve for users to trade against. The outcome is heightened capital efficiency and reduced slippage on trade execution compared to SaucerSwap V1.
How are liquidity providers compensated?
Unlike V1, LPs are rewarded directly in the tokens that constitute the pool. For example, if liquidity is provided in a USDC/HBAR pool, rewards are claimed as USDC and HBAR. SaucerSwap V2 inherits the Uniswap V3 concept of “ticks,” partitioning the continuous price range into discrete intervals.
SaucerSwap price SAUCE
A multi-tiered fee structure is also introduced in V2, allowing LPs to be appropriately compensated for taking on varying degrees of risk. SaucerSwap V2 introduces concentrated liquidity, allowing liquidity providers to allocate their capital within specific price ranges, thereby optimizing capital efficiency. Additionally, V2 offers multiple fee tiers, giving liquidity providers more flexibility to manage risk and return, a feature not present in V1. Finally, V2 replaces yield farming with the far more efficient LARI. The SaucerSwap interface offers volatility strategies with preset price ranges tailored for each fee tier to cater to different LP styles, streamlining liquidity provision. The hallmark feature of SaucerSwap V2 is its implementation of concentrated liquidity, allowing liquidity providers (LPs) to allocate capital within specific price ranges.
These metrics are approximate and serve as key performance indicators, highlighting the protocol’s market presence and operational efficiency. SaucerSwap V1 was deployed to the Hedera mainnet in August 2022. Concurrently, a 20 million HBAR grant was secured from the HBAR Foundation, allocated for https://cryptolisting.org/ liquidity mining incentives. Strategic partnerships were formalized with ecosystem contributors HeadStarter and Stader Labs through the formation of the Hashgraph DeFi Alliance (HDA). Furthermore, the SaucerSwap protocol has undergone numerous audits by leading security firms Hacken and Omniscia.
To claim your fees in V1, simply remove your liquidity from the pool. The accrued fees are reflected in the value of your LP tokens, so you will automatically receive your share of the fees when you redeem these tokens. To stake your SAUCE tokens, navigate to the Infinity Pool on the SaucerSwap interface.
The [hts] subscript signifies that this asset has been bridged. 14% of the max supply (140 million SAUCE) was distributed to community members holding Planck Epoch Collectible (PEC) NFTs based on the type and number of NFTs in their account. The fully diluted valuation (FDV) of SaucerSwap (SAUCE) is $61,145,565. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion SAUCE tokens are in circulation today. Depending on how the emission schedule of SAUCE tokens are designed, it might take multiple years before FDV is realized. Your thoughts and links to definitive resources would be great.
Using NFTs streamlines the representation and prevents the creation of countless fungible tokens for every possible range. The Liquidity Position NFTs adopt the HTS standard and are designed to be interoperable with other systems. Concentrated liquidity, a feature of SaucerSwap V2, allows liquidity providers (LPs) to specify custom price ranges where their capital will be used to faciliate trades. An Automated Market Maker (AMM) is a type of decentralized exchange protocol that relies on mathematical formulas to set the price of a token pair. Unlike traditional exchanges, which use an order book to match buyers and sellers, AMMs enable instant trades by interacting with liquidity pools. In SaucerSwap V1, much of the liquidity between tokens like USDC and USDT is often idle due to the broad price range over which liquidity is distributed.
- For more details, see Hedera Network Security Update & SaucerSwap and SaucerSwap Labs
- Using NFTs streamlines the representation and prevents the creation of countless fungible tokens for every possible range.
- Hedera’s architecture ensures fair transaction ordering on SaucerSwap.
- To stake your SAUCE tokens, navigate to the Infinity Pool on the SaucerSwap interface.
Tokens in the Liquidity, Marketing, and Operations categories fell under DAO ownership, while those in the Community category were distributed to 729 eligible community members. Of these, 300 million were locked in non-upgradable vesting contracts owned by the SaucerSwap DAO, while 200 million entered circulation. The Masterchef contract is responsible for minting and distributing the remaining 500 million SAUCE tokens in accordance with a predefined release schedule. SAUCE is a transferable representation of designated utility functions outlined in the SaucerSwap protocol’s code. We assume that, throughout the epoch, the price of the pool remains stable and stays entirely within Bob’s $0.9995 — $1.0005 range. Trade, earn, and stake diversified funds across ecosystems, leveraging the speed and aBFT-grade security of Hedera.
As an added touch, each minted NFT possesses one of eleven handcrafted illustrations, chosen at random. The fee tiers have a direct correlation with tick spacing; lower fee tiers allow for tighter tick intervals, thereby offering greater capital efficiency. In SaucerSwap V2, liquidity can become inactive if the spot price moves out of the set price range. This is in stark contrast to V1, where the liquidity is always active but often underutilized. When the spot price re-enters an LP’s range, their liquidity is once again utilized, and will resume earning fees. The most popular exchange to buy and trade SaucerSwap is Saucerswap V2, where the most active trading pair SAUCE/XSAUCE has a trading volume of $119,354 in the last 24 hours.
V2 offers a multi-tiered fee structure, allowing LPs to be appropriately compensated for taking on varying degrees of risk. Impermanent loss (IL) occurs when providing liquidity in an AMM-based decentralized exchange and the price ratio of the trading pair diverges from the initial ratio. This results in a temporary loss of value for the liquidity provider, which may become permanent if the price ratio doesn’t revert to its original state. Market capitalization of SaucerSwap (SAUCE) is $40,898,469 and is ranked #705 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of SAUCE tokens (670 Million tokens are tradable on the market today).
This system ensures maximal efficiency by only rewarding active liquidity. LPs do not have to stake their liquidity position NFTs to begin earning token incentives. Once an LP provides liquidity to a V2 pool, LARI is activated for their position. Furthermore, rewards are automatically distributed at the end of each two-week reward period, or ‘epoch,’ greatly simplifying the UX and optimizing for gas efficiency. The Liquidity-Aligned Reward Initiative (LARI) offers LPs token incentives for efficient liquidity contributions.
You can store coins on exchanges after purchase but we recommend using a dedicated wallet for security and long term storage. They are the best choice for those storing a lot of value or planning to hold long term. In SaucerSwap V2, pool creation is initially permissioned what is meant by lifo and fifo to minimize liquidity fragmentation and to curate a focused experience. The governance of adding new pools is overseen by the SaucerSwap DAO. If you are unable to see your tokens in MetaMask, it is likely because you need to import the token using its EVM address.
Upon staking, you will receive xSAUCE, which serves as the liquid staking token in the SaucerSwap ecosystem. Your staking rewards manifest as an increase in the relative value of xSAUCE to SAUCE. To realize these rewards, simply unstake your tokens from the Infinity Pool. Slippage refers to the difference between the expected price of a trade and the price at which the trade is executed. It occurs in both centralized and decentralized exchanges, often due to market volatility, large trade sizes, or low liquidity. Can you describe the risk/reward for helping to stake to a SaucerSwap liquidity pool?
