SaucerSwap is a decentralized exchange (DEX) that leverages the Hedera Smart Contract Service (HSCS) to include Solidity smart contract integration with the Hedera Token Service (HTS). These smart contracts implement an automated market maker (AMM) protocol, which facilitates token swaps within liquidity pools.
SaucerSwap serves as both an onboarding ramp for HTS projects and endpoint for bridged liquidity, offering a full-suite of DeFi services, including, but not limited to:
SaucerSwap strives to democratize DeFi by structuring its governance model after a decentralized autonomous organization (DAO). The DAO treasury will retain value on the protocol and fund development of community-voted features.
SaucerSwap is supported by The HBAR Foundation, who will be disbursing 20M HBAR to Crop Circles as a liquidity mining incentive: 10M HBAR months 1-2, 6M HBAR months 3-4 (> $5M TVL), and 4M HBAR months 5-6 (> $15M TVL).
Collaborators include HashPack, Stader, HeadStarter, Calaxy, Tune.fm, and hashport. SaucerSwap is a founding member of the Hedera DeFi Alliance (HDA).
SaucerSwap's core, farm, vesting, and staking contracts have been audited by Hacken; each of which scoring a 10/10 on security, with the average score being 9.7/10.