Introducing Saros Finance
Saros Finance is building the first super-network on Solana, a network equipped with a technically strong AMM to bootstrap liquidity and to help projects through a native launchpad while maintaining high liquidity through pools.
Solana builders face many obstacles when it comes to issuing assets, three of them being:
- Difficulty in bootstrapping the initial liquidity
- Difficulty in maintaining and managing the liquidity
- Lack of options for launchpads
As one of the early builders on Solana, Saros Finance believes these are the primary obstacles that need to be addressed as soon as possible to unlock the hypergrowth of the ecosystem.
Introducing Saros Finance
Saros Finance is a Solana-based Unified Suite of DeFi Products with three fundamental building blocks: SarosSwap (AMM), SarosFarm (Pool), and SarosPad (Launchpad), with SarosSwap being the core of the entire ecosystem.
⭐️ SarosSwap
Saros Swap is a decentralized automated liquidity protocol built on Solana, allowing users to exchange SPL tokens.
⭐️ SarosFarm
One of the most common problems that Builders encounter is growing the assets’ liquidity after the project’s launch. On Solana, project owners must currently build incentives by using liquidity mining programs, which fragments the liquidity providers as they have to constantly hunt for projects with such programs.
To solve this problem, they introduce Saros Farm, an aggregation platform for different incentivized pools to assist projects rapidly and gradually increase their liquidity.
⭐️ SarosPad
SarosPad was created to give real builders a productive launchpad. This launchpad will accelerate the launch rate of high-quality projects on Solana via Strong Commitment Offering (SCO), our optimal solution for fundraising. In SCO, everyone is eligible to participate by committing SAROS-paired LP tokens and, in return, receive the project’s token.
Building a Powerful DeFi Super-Network
They have built Saros Finance with multiple protocols to create a super-network attracting builders and users to the Solana Ecosystem.
SarosSwap will maximize price discovery, drawing retail investors to Solana.
SarosFarm will entice and engage liquidity providers, resulting in a large inflow of funds while simplifying and accelerating liquidity bootstrapping and encouraging new projects to be built on Solana.
SarosPad will attract retail investors with high-quality projects. More builders will be encouraged to join Solana as the demand for investments grows.
And obviously, Saros Finance will not limit only to 3 building blocks but will continue to branch into various protocols to satisfy the demands of future users.
A New Solana-Focused Product Built by Coin98 Labs
Started as a DeFi product builder, Coin98 Labs continuously grows the ecosystem and launches new products to fulfill untapped demand in the space. After building proper infrastructure for the multichain future, we explore the possibilities of building products on the specific potential blockchains.
And now, with Saros Finance, they will let Coin98 Universe expand first to Solana – the wonderland for DeFi apps to scale.
They will keep moving forward and contributing to the blockchain space but not limit to only one land. As a result, all Coin98 Ecosystem accrual values will be brought back to the Coin98 Community.
Ready to Launch
As of now, Saros Finance is at the completion stage for the three protocols. From the bottom of their hearts, they wish to introduce Saros Finance to all of their supporters so that they can build a strong and connected Solana, together.
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