What is Saros Finance Project? Basic information about Saros Finance

• Saros Finance project overview 
• What is Saros Finance Project?
• What are the highlights of the Saros Finance project?
• Products of Saros Finance
• Roadmap of Saros Finance project
• Saros Finance developers, investors and partners
• Overview of the Saros Finance token
• What is Saros Finance Token?
• What is the function of Saros Finance token?
• Where can I buy Saros Finance tokens?
• The future of Saros Finance project and should invest in Saros Finance token or not?
• summary

Saros Finance project overview 

What is Saros Finance Project?

Saros Finance is a project built on Solana blockchain , acting as a general-purpose DeFi, providing all basic services to users including: SarosSwap (AMM - Automated Market Maker ), SarosFarm and SarosStake. In it, SarosSwap is the core of the entire ecosystem.

The development team is building Saros Finance with many protocols to create a super network, attracting builders and users to the Solana ecosystem:

• SarosSwap will maximize price determination for investors.
• SarosFarm and SarosStake simplify the user interface and speed up liquidity to encourage new projects to build on Solana.

Saros Finance will not only be limited to these basic features, but is continuing to branch out into many different protocols to meet the needs of users in the future. 

What are the highlights of the Saros Finance project?

The outstanding features of Saros Finance are:

• Open Platform (Permissionless): Anyone can create a liquidity pool on SarosSwap
• Efficient use of capital: The optimal pricing formula helps users use capital more efficiently
• Simple interface: user-friendly 
• Low Fees: Extremely low transaction costs 
• Scalability: Ultra-fast transaction processing with low latency at scale
• Composability: It is possible to process large-scale transactions in bulk while ensuring security and decentralization. 

Products of Saros Finance

SarosSwap

SarosSwap is a decentralized automated liquidity protocol built on Solana that allows users to exchange SPL tokens.

The development team believes that AMM has an edge over decentralized exchanges (DEX) in terms of creating and managing liquidity. DeFi users are now used to exchanging assets using Uniswap , PancakeSwap and many other AMMs instead of DEX order books.

This is why Saros decided to make Saros Finance a super network equipped with AMM on Solana. SarosSwap makes the liquidity launch quick and helps new projects maintain high liquidity through pools.

Technically, SarosSwap uses the same formula as other AMMs on the market. However, the project focuses on developing more UX/UI and Gamification, providing a better user experience, giving SarosSwap an advantage over its competitors.

SarosFarm

One of the problems that construction teams often face is liquidity after the project launches. On Solana, projects often use liquidity mining to attract liquidity providers, but this is only a temporary solution.

SarosFarm has provided a platform that aggregates different pools, helping the project attract liquidity more efficiently and quickly. At SarosFarm, users can not only earn SAROS tokens by staking popular LP tokens such as: SAROS-SOL, SOL-USDC... but also tokens of new projects. This is one of Saros' solutions to liquidity problems on Solana.

SarosStake

SarosStake is the simplest way to earn free tokens on Saros Finance, users just need to staking SAROS tokens and get rewarded with platform native tokens. In the future, Saros Finance may offer more special pools that allow staking of tokens other than SAROS.

The difference between SarosStake and SarosFarm:

• Basically, SarosStake is simpler than SarosFarm because it only requires staking a token to start earning.
• Yield Farming offers more attractive APY than staking but in return users will incur impermanent losses (IL). Example: If a user is farming SAROS-SOL tokens, they may lose potential profits as SAROS increases but SOL remains stationary. Instead, they can simply staking the SAROS token earn a return and maximize profits as the SAROS price increases. 

Roadmap of Saros Finance project

Detailed roadmap of the project has not been officially announced, investors interested in the project can follow updated news on TraderH4 to not miss important information.

Saros Finance developers, investors and partners

Development team

Saros Finance is built by Coin98 Labs. Starting as a developer of DeFi products, Coin98 Labs is constantly launching new products to fill the untapped demand in the DeFi space. 

Investors

The project has successfully attracted funding from major investment funds in the cryptocurrency market such as: Alameda Research, Hashed, Spartan, GBV, ASYMM Ventures, Genblock Capital, Cryptomind, Evernew Capital...

Partner

Currently there is no information about the project's partner, TraderH4 will continuously update related news.

Overview of the Saros Finance token

What is Saros Finance Token?

SAROS is the native token of the Saros Finance project.

Saros Finance token details:

• Ticker: SAROS
• Blockchain Network: Solana (SPL)
• Total Supply: TraderH4 will update when there is information
• Circulating Supply: TraderH4 will update when information is available

What is the function of Saros Finance token?

Currently Saros Finance's token is still in the development stage and will be launched to the community soon. Some of the initial functions of the SAROS token are:

• Users can earn trading fees for providing liquidity to Saros Finance.
• SAROS holders can get rewards like airdrops and have governance rights by voting.
• Users can also staking SAROS tokens to receive interest.

Where can I buy Saros Finance tokens ?

Currently the SAROS token has not been launched yet.

The future of Saros Finance project and should invest in Saros Finance token or not?

Over the past year, the Solana DeFi ecosystem has been increasingly perfecting its basic blocks and achieving fast transaction processing (50,000 TPS), low latency (approximately 1 second) and extremely low fees (10). dollars for 1 million transactions). These factors have helped make Solana more popular, meeting the needs of millions of users.

However, the DeFi array on Solana has not yet reached the speed of development compared to other ecosystems. The limited number of assets on Solana is one of the leading causes of this difficulty. Developers of new projects on Solana face many obstacles when releasing assets such as: Difficulty in initializing liquidity, maintaining and managing liquidity…

This is why Coin98 Labs is building Saros Finance to be the first supernet on Solana, a technically strong AMM to attract and maintain high liquidity through pools, unlocking excess growth level of the whole ecosystem.

With a long-term vision, clear goals Saros Finance promises to be a potential project in the cryptocurrency market. Investors interested in the project can research more relevant information on the following official media channels to make the most accurate investment decisions for themselves:

Website | Twitter | Telegram | Discord 

summary

More and more quality DeFi projects are being developed on the Solana ecosystem, continuing to take the DeFi segment of this ecosystem to the next level and Saros Finance is one of them. Although still in the early stages of development, but based on the combination of advantages from Solana blockchain such as: Transaction speed, low fees ... with outstanding features of Saros Finance, it can be expected that the project will develop. strong in the future.

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