SaucerSwap is the leading decentralized exchange protocol on the Hedera network, implemented as a set of non-upgradable smart contracts focused on censorship resistance, security, and self-custody.
SaucerSwap leverages the Hedera Token Service (HTS) for its rapid throughput and low-cost, U.S. dollar-denominated fee structure. Hedera's architecture ensures fair transaction ordering on SaucerSwap. This nullifies the possibility of MEV attacks seen in Ethereum-based protocols like Uniswap.
The protocol has two iterations: SaucerSwap V1 operates as a constant product AMM, while V2 introduces concentrated liquidity for better capital efficiency.
SAUCE, the native token of SaucerSwap, has multiple roles:
Governance: SAUCE enables token holders to participate in the SaucerSwap DAO, voting on ecosystem-wide proposals such as protocol upgrades and incentive alignments.
Liquidity: Governed by the Masterchef smart contract, SAUCE is used to incentivize liquidity in SaucerSwap V1 and V2.
Staking: SAUCE holders can stake their tokens to earn a share of trading fees, HBAR staking rewards, and emissions through an automated buyback mechanism.
For more information, visit https://docs.saucerswap.finance
Where is SaucerSwap available for purchase?
You can exchange SAUCE tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading SaucerSwap is Saucerswap V2, notably the SAUCE/WHBAR pair, which saw a trading volume of $ 158,055 in the past day. Additionally, Saucerswap V1 and MEXC are popular alternatives for trading tokens.
What is the highest value SaucerSwap (SAUCE) has ever reached?
SaucerSwap (SAUCE) reached its peak price at 0.2334 $ on 29 February 2024, approximately a year ago ago. Presently, the current price is -77.85% lower than this all-time high.
What is the historical minimum price for SaucerSwap (SAUCE)?
The minimum price reached for SaucerSwap (SAUCE) was 0.009979 $, documented on 10 June 2023, more than 2 years ago. In comparison, the current price is 418.12%, it above this historical low.
What is the fully diluted valuation of SaucerSwap (SAUCE)?
The fully diluted valuation (FDV) of SaucerSwap (SAUCE) stands at $ 53,29 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 1,000,000,000 SAUCE tokens. The realization of this FDV might take several years depending on the emission schedule of SAUCE tokens.