SarosStake is now LIVE! SarosStake appears to be suitable for retail investors and especially new users in crypto since it does not require too many complicated steps for joining. With SarosStake, you can earn passive income on your token investment in a much more simple way.
To name a few amazing qualities of SarosStake:
- No impermanent loss: One of the most amazing things about SarosStake is that impermanent loss is no longer a problem. Stake tokens to earn tokens!
- Low-cost: The average transaction fee on Solana is extremely low, which makes the staking process on Saros much more pleasant compared to other AMMs built on Ethereum or BNB Chain.
- Bullet-proof security: At Saros, we take security seriously and endeavor to make our smart contracts as secure as possible.
In addition to the recent release of SarosFarm, SarosStake is expected to entice and attract liquidity providers, resulting in a substantial inflow of money while expediting liquidity bootstrapping and encouraging new projects to be developed atop Solana.
Tutorial on how to Stake on Saros here.
So far, we have successfully launched 3 cornerstones in Saros Finance, including:
- SarosSwap, a decentralized automated liquidity protocol built on Solana, allows users to exchange SPL tokens.
- SarosFarm, an aggregation platform for different incentivized pools to assist projects rapidly and gradually increase their liquidity.
- SarosStake, single-asset staking to maximize your yields with no risk of impermanent loss.
Our upcoming goal is to deploy as many Farm and Stake pools as possible, which will attract and bootstrap liquidity for users to trade comfortably on Saros, whenever you want and whichever token you want.
And yes, we wouldn't stop there. Many more features are to be launched on Saros.
Saros Finance is the ultimate DeFi platform native to Solana, with trading, staking, and yield farming services. Built by Coin98 Labs, Saros Finance aims to adopt millions of users to DeFi.