Saber Brings Liquidity to Wormhole V2 SRM, and V2 BTC Assets
Saber continues its partnership with the Wormhole token bridge, enabling new liquidity pools for Wormhole V2 SRM / SRM, Badger ibBTC / renBTC, and Huobi BTC (via Ethereum) / renBTC.
To acquire Wormhole SRM first get wrapped SRM on Ethereum, and then bridge to Solana via Wormhole. For Badger BTC, deposit WBTC on BadgerDAO’s app on Ethereum to mint ibBTC, and bridge to Solana using a wormhole. Finally, Huobi BTC’s etherscan information is attached; swap on major Ethereum DEX platforms like Sushi or using Huobi, and bridge again on Wormhole.
SBR rewards will go live for new pools within 24 hours. SBR rewards will turn off for the v1 version of each of these pools within 24 hours. To migrate assets to v2, head to Wormhole where you’ll be prompted to migrate (or bridge back and forth if there is no more migration liquidity), or make single-sided deposits and withdrawals in the native asset to move between pools.
About Saber
Saber is the leading cross-chain AMM for pegged assets on Solana, such as stablecoins and wrapped assets. 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.
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