Saros Finance is a comprehensive DeFi project built on the Solana ecosystem, providing DeFi solutions from AMM, Staking to Launchpad with low costs and high transaction speeds.
The project is developed by Coin98 Labs, aiming to create a multi-service ecosystem integrated on the Solana platform, meeting diverse needs of users and projects in the DeFi space.
MAIN CONTENT
Saros Finance is an all-in-one DeFi ecosystem on Solana, with a variety of diverse products.
The project stands out for its user-friendly interface, fast transaction speeds, and low fees.
The SAROS Token plays an important role in governance, staking, and launchpad.
What is Saros Finance?
Saros Finance is a DeFi platform developed by Coin98 Labs on the Solana ecosystem, integrating AMM, Staking, Liquidity Pool, and Launchpad features, enabling users to swap, stake, and invest at reasonable costs with a seamless experience.
The project focuses on building a comprehensive DeFi ecosystem, serving a diverse range of users and projects with efficient processing solutions, ready to scale.
What are the products of Saros Finance?
Saros builds a diverse ecosystem around the Saros Super App, integrating a non-custodial wallet, DeFi tools, decentralized identity, NFT Hub, and Solana Pay payment gateway to simplify the Web3 user experience.
What is SarosSwap?
SarosSwap is the core AMM exchange of Saros Finance, similar to Uniswap and PancakeSwap, notable for its fast processing speed and low slippage, enabling effective trading even with large volumes.
The project emphasizes UX/UI and gamification factors, providing a friendly experience for both new and old users, increasing competitiveness in the AMM sector.
What is special about SarosFarm?
SarosFarm operates as a platform aggregator, allowing users to farm across various pools, optimizing profits and minimizing risks, especially in stablecoin pools with attractive interest rates, for example, the USDC/USDH pool providing an annual interest rate of 24.24%.
This is a long-term solution to attract sustainable liquidity, avoiding dependence on short-term incentives commonly found in the industry.
What is SarosStake?
SarosStake is a staking product that allows users to easily receive free Tokens by staking SAROS. The project also plans to expand support for other Tokens in the future.
What are the highlights of SarosPad (Launchpad)?
SarosPad is the first launchpad platform on Solana using the SCO (Strong Commitment Offering) model, creating opportunities for quality projects to raise capital effectively and helping investors access new Tokens by committing LP Tokens linked to SAROS.
SCO is an innovative fundraising solution, similar to PancakeSwap's IFO, helping to ensure commitment and credibility for the launching project.
Expert evaluation of DeFi, 2023
What are the highlights of Saros's non-custodial Cryptocurrency Wallet?
The Saros Wallet integrates features such as social network login, read-only mode, storage with high-security NFC technology, facilitating new users to easily participate in Web3 while keeping their assets safe.
What is SarosID – Decentralized identity verification?
SarosID uses DePIN technology to store and verify user identities on the blockchain through decentralized physical infrastructure, enhancing security and preventing unauthorized access in managing personal data.
What does Saros's DeFi toolkit include?
The DeFi toolkit is very comprehensive, including Token Swap through the optimized AMM mechanism and gamification, along with Yield Farming providing liquidity with various pools to attract and maintain stable liquidity, serving the diverse needs of Solana users.
How does Saros NFT Hub support users?
The NFT aggregation platform on Saros uses AI technology to personalize the experience, helping users easily discover, analyze, and trade NFTs with an intuitive interface, maximizing support for investors and NFT collectors.
What are the outstanding advantages of Saros Finance?
Saros Finance owns a vast interconnected DeFi ecosystem, allowing multidimensional expansion, while focusing on developing a simple UI/UX suitable for newcomers with limited knowledge about crypto.
At the same time, SarosSwap ensures fast processing speeds and low fees, maintaining minimal slippage even with large volume transactions, securing high product security to provide users peace of mind when storing and trading.
Saros Finance aims to provide the best optimal experience, focusing on popularizing DeFi within the general user community.
Statement from the CEO of Coin98 Labs, early 2024
What are the basic information about the SAROS Token?
SAROS Token Metrics
Token Name: Saros
Symbol: SAROS
Blockchain: Solana and Viction
Token Standard: SPL and VRC-25
Solana Contract: SarosY6Vscao718M4A778z4CGtvcwcGef5M9MEH1LGL
Viction Contract: 0xb786d9c8120d311b948cf1e5aa48d8fbacf477e2
Token Type: Utility and Governance
Total supply: 10 billion SAROS
Circulating supply: 2.6 billion SAROS
How is the SAROS Token allocated?
Category Percentage (%) Ecosystem Development 20 Strategic Reserve 20 Core Contribution 20 Investors 15 Community Development 10 Liquidity Provision 10 Community Airdrop 5
What is the schedule for the SAROS Token release?
The SAROS Token unlock schedule is updated according to specific phases. An airdrop of 3.85% of the total supply will be conducted on January 19, 2024, for early users of Saros, stakers of C98, NFT Starship Membership holders, and OneID members, effectively activating the community.
The SAROS Token has also been listed on exchanges KuCoin, Bybit, Bitget, MEXC, HTX, Gate, BTSE, and BingX since January 19, 2024.
What are the utilities of the SAROS Token?
Project governance, participating in upgrade voting.
Rewards for using DeFi products such as Farm and Stake.
Buying new Tokens on the SarosPad Launchpad.
Stake to receive rewards of up to 400% APR on the Baryon and Saros platforms.
Which wallet applications store SAROS Token?
The SPL standard SAROS Token can be easily stored on Solana network-supported wallets such as Coin98 Wallet, Sollet, and Phantom, helping users have diverse safe and convenient storage options.
Who are the team, investment funds, and partners of Saros Finance?
The development team of Saros Finance
The project is developed by Coin98 Labs, a team with a reputable and extensive background in the field of cryptocurrency and Blockchain technology.
Investment funds and partners supporting the project
Saros Finance has received investment and cooperation from large and reputable funds such as Solana, Alameda Research, K300 Ventures, Impossible Finance, Asymm Ventures, Genblock Capital, Spartan, GBV, #HASHED, and Cryptomind, creating a solid foundation for sustainable development.
Conclusion
Through this article, you have gained a comprehensive view of Saros Finance and its outstanding advantages in this DeFi ecosystem on Solana. Thoroughly evaluating the project will help make accurate and safer investment decisions in the future.
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Frequently Asked Questions
What is Saros Finance?
Saros Finance is a comprehensive DeFi platform on the Solana ecosystem, integrating AMM, Staking, Pool, and Launchpad with low costs and fast transaction speeds.
What functions does the SAROS Token have?
SAROS is used for project governance, earning rewards from farming, buying Tokens on the Launchpad, and staking to receive rewards with an APR of up to 400%.
How to store SAROS Token?
The SPL standard SAROS Token can be stored on Solana network-supported wallets such as Coin98 Wallet, Phantom, and Sollet safely and conveniently.
What are the outstanding advantages of Saros Finance?
Saros's strengths include a comprehensive ecosystem, user-friendly interface, low fees, high transaction speed, and good product security.
Which funds invest in Saros Finance?
The project is supported by many large funds such as Solana, Alameda Research, K300 Ventures, #HASHED, and Cryptomind, ensuring development potential.
Source: https://tintucbitcoin.com/saros-finance-saros-la-gi/
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