SaucerSwap Labs | News πŸ›Έ
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The latest news and updates from the SaucerSwap Labs team πŸ›Έ
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NEW LISTING ALERTπŸ“’

The SaucerSwap DAO has voted in favor of $BSL to be promoted to the default list on SaucerSwapβš–οΈ

Token metrics:
https://geckoterminal.com/hedera-hashgraph/pools/0xcc5ee2cd0c677ecc32892f051ef74d9905b1cde3

Sentinel report from
HeadStarter: https://sentinel.headstarter.org/details/banksocial

Remember: With feeOnTransfer tokens like BSL, you must set your slippage tolerance above the fee rate (4% here) for successful swaps. If you're encountering failed transactions, consider increasing your slippage tolerance.
βš™οΈ Development Update!

Great news! We've deployed performance enhancements to our web app and have made ongoing progress in developing key features, such as the upcoming Auto Pools, all designed to enhance your overall experience on SaucerSwap.

Here's What's New:

πŸ› οΈ Back-end:
β€’ Parallelized LARI calculation to enable more data applications
β€’ Developed back-end support for Auto Pools
β€’ Configured testnet environment following network reset

🌐 Front-end:
β€’ Refactored Client-Side Query Caching
β€’ Continued development of Auto Pools UI
β€’ Standardized tick range status for greater data consistency
β€’ Initiated testnet environment reset for developer site

These updates are primarily centered on Auto Pools, SaucerSwap's next major update, aimed at further elevating your V2 experience. πŸ™Œ

Your feedback is always welcome. Let us know your thoughts or issues you encounter.

Have a great weekend!
New SaucerSwap V2 Pool πŸ§ͺ

The SaucerSwap DAO has voted in a new $JAM / $HBAR V2 pool, which is now live!

🀿 Dive in now: https://saucerswap.finance/liquidity/0.0.4601632

Congratulations to the
TuneFM community!
The next SaucerSwap monthly AMA will be on Saturday February 10 7:30pm ET/12:30am UTC on the SaucerSwap Discord stage!

Question submission is open! πŸ“¬
https://app.sli.do/event/hKcBevN2UFLBfh9eTKZhuz

Join SaucerSwap Discord: https://discord.com/invite/saucerswap
Buyback Optimization Announcement

We're proud to announce the optimization of the $SAUCE buyback system, integral to single-sided staking rewards, now including previously excluded pools.

Today, the protocol completed a buyback of 889,789.71 SAUCE tokens, equal to $74,317.43.
βš™οΈ Development Update!

In our commitment to always improving SaucerSwap, we've been hard at work this week on various developments.

Here's a summary of our latest accomplishments:

πŸ› οΈ Back-end:

β€’ Released API updates https://api.saucerswap.finance/v2/pools/weekly-volumes?hbar=true and https://api.saucerswap.finance/tokens?known=true
β€’ Identified and resolved the root cause of a data discrepancy in Auto Pool TVL figures.
β€’ Implemented graceful fallback mechanisms for the /stats endpoint to mitigate intermittent data inconsistencies.
β€’ Enabled the parallelized LARI Rewards Hourly calculation job to run in production, broadening its potential application.
β€’ Optimized SAUCE Buyback Script to include previously-excluded pools.
β€’ Submitted BrewSaucer V2 for audit.

πŸͺ© Front-end:

β€’ Deployed a fully functional Auto Pools feature to the development environment, currently in the testing phase.
β€’ Expanded comprehensive data and functionality for Auto Pools across liquidity, position-specific, and portfolio pages in development.
β€’ Transitioned farm totals to smart contract calls on the front-end for individual pages.
β€’ Adjusted code to accommodate aliased accounts.
β€’ Improved SEO through optimized canonical tags on Swap and Liquidity pages.
β€’ Drafted Initial WalletConnect Pull Request.

We're excited about the upcoming new features and optimizations, including Auto Pools, WalletConnect integration, updates to LARI, and more.

Your input is invaluable to us. Please share your feedback or report any issues you face.

Have a great weekend!
SaucerSwap V2 | LARI Epoch 7πŸ›Έ

A new epoch of token incentives has begun!

Big update: $JAM tokens are now offered as rewards for 3 pools!

View LARI weights here:
https://docs.saucerswap.finance/protocol/saucerswap-v2/lari-weights

πŸ—“οΈ Epoch 6 airdrop is scheduled within the next 24 hours.
New Achievement from SaucerSwap!

πŸͺ© $500M in Total Trade Volume!

DeFi on Hedera continues its impressive growth, with no signs of slowing down πŸ™Œ
🌠Huge Milestone!

SaucerSwap has just achieved $100M in Total Value Locked (TVL)!

This achievement secures SaucerSwap's position as the 22nd top DEX worldwide, bringing Hedera DeFi onto the global stage
πŸ§— SaucerSwap Climbs to #18!

In the past month, SaucerSwap's TVL has soared by over 70%, overtaking established protocols such as Bancor and Quickswap in ranking.

We welcome everyone to experience firsthand why Hedera DeFi is on a path of accelerated adoption.
πŸ•ΉοΈ Auto Pools are coming to SaucerSwap!

With testing nearly complete, we're gearing up to launch Auto Pools!

Take a sneak peek at the revamped 'New Position' tab in SaucerSwap V2.

With Auto Pools, participating in concentrated liquidity will be easier than ever before!
We're proud to partner with
Ichi, enabling active liquidity management on SaucerSwap V2.

Our teams collaborated to integrate their vaults, leading to the upcoming Auto Pools feature.

Together, we're excited to bring this major upgrade to Hedera DeFi! β˜€οΈ
SaucerSwap V2 | LARI Epoch 8

A new epoch of token incentives has begun!

View LARI weights here:
https://docs.saucerswap.finance/protocol/saucerswap-v2/lari-weights

Epoch 7 airdrop is scheduled within the next 24 hours.
The next monthly AMA will be held on Saturday March 9 7:30pm ET (12:30am UTC) on the SaucerSwap Discord AMA stage πŸ™Œ

πŸ“¬Submit your questions to the team until Friday here: https://app.sli.do/event/qnpJU8UgRTYmMPH9YRk342

Join the discussion over on Discord https://discord.gg/saucerswap
Over the past 24 hours, SaucerSwap has facilitated more than 41,000 unique swap events, totaling over $20 million in trade volume.

Annualized, this equates to a projection of approximately 15 million distinct transactions within Hedera DeFi.

Source: GeckoTerminal
Auto Pools | Testnet Bug Bounty is Live!

Testnet Site: https://testnet.saucerswap.finance/liquidity

You have the opportunity to test out the Auto Pools feature, familiarize yourself with how it works on testnet, and find bugs! Read below for information regarding the bug bounty.

You will need a Hedera Testnet account (post-reset) to participate in the bug bounty. You can create a testnet account directly in HashPack, or by using the developer portal at: https://portal.hedera.com/

For eligibility and other terms, please review the link below.
All bugs must be submitted using the following link: https://forms.gle/GPxKoGTSMXCapYpD9

Program ends on Tuesday, March 12th, at 17:00 UTC.

We look forward to seeing what you find!
New Weekly Volume All-Time High! πŸ”₯

In the past week, SaucerSwap has processed more than 150,000 unique transactions, accounting for over $93 million in total volume.

Projected annually, this translates to $11.87 million in fees generated for SaucerSwap liquidity providers.
SaucerSwap V2 | LARI Epoch 9 πŸ›Έ

A new epoch of token incentives has begun!

Big update: our partner, HeadStarter, has begun an $HST LARI campaign for select pools!

View LARI weights here:
https://docs.saucerswap.finance/protocol/saucerswap-v2/lari-weights

πŸ—“οΈ Epoch 8 airdrop is scheduled within the next 24 hours.
πŸŽ‡ $300M in 30 days

SaucerSwap processed over $300 million in trades last month across 700,000+ transactions via the Hedera Smart Contract Service.

On Ethereum, assuming an $80 gas fee, this would incur $56 million in fees, making it over 1,000 times costlier than Hedera.