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. To learn more visit www.saber.so or follow us on Twitter @Saber_HQ.
The live Saber price today is $0.051995 USD with a 24-hour trading volume of $185,246 USD. Saber has no change in the last 24 hours. The current CoinMarketCap ranking is #3247, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.
Saber Coin enables low slippage trading, even at large volumes, while maintaining high capital efficiency for liquidity providers.
Trade stable pairs instantly with low slippage and minimal fees
Securely swap between crypto assets of similar value with extremely low slippage.
Earn yield from transaction fees, liquidity incentives, and more
Saber automated market maker is algorithmically designed to eliminate impermanent loss.
Integrate deep on-chain liquidity for earning and trading with stables
As a core DeFi building block, Saber can easily be integrated into any Solana-based protocol or app.
Tutorial: Swapping Tokens
Saber Cryptocurrency allows you to swap between a stable pair of assets (e.g. USDC and USDT) with very low slippage and fees. Let’s say you have USDT and you want to swap it for USDC.
On the swapping interface, select the tokens you want to exchange from (USDT) and to (USDC).
Enter a quantity of USDT to swap from.
You can click on a token balance to populate the max amount you can swap.
Clicking the arrow button in the center will switch between what token you’re swapping from and to.
Select Review. This will display a breakdown of the transaction you’re about to make:
Swap from is the quantity of the token you currently hold that you want to exchange
Minimum Received is the minimum quantity of the token you’ll receive. If the received amount turns out to be lower after you execute the transaction, the transaction will fail.
Exchange Rate is the conversion rate between the two tokens you’re swapping.
Price Impact is the slippage percentage of the swap. The lower the price impact, the better value you’re getting on your swap.
Liquidity Provider Fee is the transaction fee for swaps. This fee is split evenly between rewards to incentivize liquidity providers and reserves for the protocol.
Select Confirm Swap. Depending on what wallet you’re using, you’ll likely be prompted to confirm the transaction via your wallet’s interface. The swap is now complete! On the bottom left, you’ll see a notification that contains a link to the transaction on Solana’s explorer.
Saber Coin Pools are a way to provide liquidity, or the ability to trade, between tokens on Saber. They allow users to earn trading fees on tokens they’re holding.
Let’s say you want to supply to the USDC and USDT pool.
Go the the Pools tab and select Deposit.
Enter a quantity of USDT and USDC to swap from.
Because this is a stable pair, you aren’t required to deposit both tokens. However, depending on how different the quantity between tokens is, you may have to pay a larger transaction fee. This is to incentivize close-to-equal distribution within the pool.
Select Confirm Deposit. Depending on what wallet you’re using, you’ll likely be prompted to confirm the transaction via your wallet’s interface.
Saber Cryptocurrency deposit is now complete! On the bottom left, you’ll see a notification that contains a link to the transaction on Solana’s explorer.
You’ll notice that you also now have LP tokens in your wallet that represent your share of the pool.
Let’s say you want to withdraw your liquidity from the USDC-USDT pool.
Go the the Pools tab and select Withdraw.
By default, you’ll be given the option to withdraw using a single token in the pool. You can click on the currently selected token to a different token in the pool.
If you are withdrawing a large proportion of the pool, you may want to choose to withdraw a distribution of all tokens in the pool instead. To do this, you can enter Settings by clicking on the settings icon in the top right corner. Here, you can switch Withdrawal Currency to All Currencies.
Enter how much of your liquidity in the pool that you want to withdraw by moving the percentage slider. Once you’ve entered your desired amount, click the Withdraw button. This will show a review screen with the following breakdown:
Withdrawal Currencies shows the amount of each token you’re withdrawing
New pool share is what your share of the pool will be after the transaction is made
Fees is determined by the quantity of token(s) you withdraw relative to the other token in the pool. This is to incentivize close-to-equal distribution within the pool.
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