Saber project (SBR)

What is Saber?

Saber is a cross-chain trading platform built on Solana specifically for stablecoins.

As Solana’s core cross-chain liquidity network, Saber helps facilitate asset transfers between Solana and other blockchains.

Unlike other decentralized exchanges that use an order-book mechanism, Saber uses an AMM mechanism that allows users to deposit assets into a liquidity pool and swap in it. This helps to minimize slippage even with large trading volumes.

In addition, Saber also develops yield features that allow users to make profits based on the liquidity provision.

Highlights

With Traders:

  • Trade stablecoin pairs instantly with low slippage and minimal fees.
  • Safe swap between crypto assets of similar value with extremely low slippage.

With Liquidity Provider:

  • Profit from trading fees, liquidity incentives,…
  • Saber’s AMM is designed to eliminate impermanent loss.

For developers:

  • Integrate deep on-chain liquidity to monetize and trade with stablecoins.
  • As a core piece of DeFi, Saber can easily be integrated into any Solana-based application or protocol.

SBR token

Key metrics

  • Token name: Saber token
  • Ticker: SBR
  • Blockchain: Solana
  • Token standard: SPL
  • Contract: Saber2gLauYim4Mvftnrasomsv6NvAuncvMEZwcLpD1
  • Token type: Utility, Governance token
  • Total Supply: 10,000,000,000 SBR

Token allocation

  • Mining Reserve: 31.42%
  • Partnerships & Ecosystem: 25.1%
  • Team Advisors: 19.58%
  • Strategic Fundraise: 15.48%
  • Liquidity Reserve: 8.42%

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Investors & Backers

Saber is invested by many large companies and well-known companies in the cryptocurrency market such as Solana Foundation, CMS, Coin98 Ventures,…

Price check

-Solareum team-