In recent days, ETH has surged wildly. Has everyone chased the highs?
If you're afraid of chasing highs and getting stuck at the peak, I think you can take a look at the Solana ecosystem~~
For example, I've been paying attention to Saros 2.0 @saros_xyz recently, and it currently looks very promising~~
It started as a DEX but has now transformed into a full-stack liquidity engine—besides trading, it can issue tokens, create pools, engage in perpetual contracts, and even help meme projects automatically generate liquidity pools.
The core is their DLMM v3 technology developed together with the original team from Trader Joe, which divides prices into discrete intervals, resulting in negligible slippage, and can automatically adjust fee rates based on market fluctuations, making LP returns more stable.
Not only is the technology solid, but the team is also willing to spend money to stabilize the market.
The Saros Foundation just announced a long-term repurchase of $SAROS, buying 100 million tokens for the first time, spending nearly 38 million dollars, and will repurchase and burn a portion of the protocol's revenue every quarter in the future.
This kind of solid cash buyback is stronger than any hype and provides a layer of “bottom support” for the token price.
Currently, its perpetual contract business is also rapidly expanding, with open interest reaching 29 million dollars. Early participants can stake to earn BERRY, enjoy fee discounts, and have priority participation in new projects, etc.
With technology, products, and funds, Saros is basically ready.
Let’s see how it performs in October at Token2049 and whether it can ride the current wave of Solana's market.
