Saber Labs (SBR)
Blockchain Service
Saber is a decentralized exchange that provides a liquidity platform for stablecoins. Users deposit cryptocurrencies into the Saber liquidity pool to earn passive profits from trading fees, token-based incentives, and finally, an automated DeFi strategy.
Dec 12, 2023 00:00:00
Dec 30, 2023 00:00:00
ICO Details
What is Saber Labs?
Saber Labs contributes to Saber, the leading cross-chain stablecoin exchange on Solana. Saber provides the liquidity foundation for stablecoins, which is a type of cryptocurrency whose value is pegged to another asset, like the US dollar or bitcoin. As Solana’s core cross-chain liquidity network, Saber helps facilitate the transfer of assets between Solana and other blockchains. Users deposit crypto into a Saber liquidity pool to earn passive yield from transaction fees, token-based incentives, and eventually automated DeFi strategies
Saber Labs Unique Features
Low Sliding
As Solana’s core cross-chain stablecoin exchange, Saber has operated as a low slip exchange.
Support more and more coupons of coupons of announcements
Since launching in June 2021, Saber has created 16 pools for users to trade in.
Built on Solana
Built on top of Solana, Saber takes advantage of Solana’s key advantages: low costs and instant transaction settlement. Users experience almost no latency when transacting.
Roadmap
Currently, Saber has not announced the specific Roadmap of the project. However, from a personal perspective, Saber will have a similar development direction to Curve Finance. In the future they may incorporate more Pegged Assets of BTC, LINK, not just Stablecoins.
Here are some popular Pegged Assets Saber may be supporting in the future:
USD: USDT, USDC, wBUSD, wDAI, GUSD, PAX,…
BTC: renBTC, wBTC, sBTC, pBTC…
ETH: wETH, sETh.
LUNA: wLUNA, renLUNA.
Saber Labs Token Economy
Saber’s SBR Token will be used to:
Provide liquidity to Saber for rewards.
Proposing and voting in future Governance activities.
Detailed Token Metrics
Updating…
Token Distribution
A total of 10,000,000,000 SBR tokens will be distributed as follows:
Mining Reserve: 31.42%
Partnerships & Ecosystem: 25.1%
Team Advisors: 19.58%
Strategic Fundraise: 15.48%
Liquidity Reserve: 8.42%
Token Release Schedule
Updating…
Partners & Advisors
Updating…
Team Members
Updating…
Investors
Race Capital, Multicoin Capital, Jump Capital, Social Capital, Solana Foundation, CMS Ventures, Divergence Ventures, Reciprocal Ventures, Republic Labs, Coin 98 Ventures