SaucerSwap leverages the Hedera Token Service (HTS) for its rapid throughput and low-cost, U.S. dollar-denominated fee structure. Hedera's architecture ensures fair transaction ordering on SaucerSwap. This nullifies the possibility of MEV attacks seen in Ethereum-based protocols like Uniswap.
The protocol has two iterations: SaucerSwap V1 operates as a constant product AMM, while V2 introduces concentrated liquidity for better capital efficiency.
SAUCE, the native token of SaucerSwap, has multiple roles:
Governance: SAUCE enables token holders to participate in the SaucerSwap DAO, voting on ecosystem-wide proposals such as protocol upgrades and incentive alignments.
Liquidity: Governed by the Masterchef smart contract, SAUCE is used to incentivize liquidity in SaucerSwap V1 and V2.
Staking: SAUCE holders can stake their tokens to earn a share of trading fees, HBAR staking rewards, and emissions through an automated buyback mechanism.
For more information, visit https://docs.saucerswap.finance
How to Buy SAUCE on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing SAUCE. Some reputable platforms include MEXC、KuCoin、BingX, and others.
Step 2: Register an Account
Here, we'll register an account on the KuCoin(registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.
Step 3: Complete Identity Verification
For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.
Step 4: Link Bank or Payment Method
Link your bank account or other payment methods to the exchange platform for making payments when purchasing SAUCE.
Step 5: Purchase SAUCE
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of SAUCE you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy SAUCE.
Step 6: Store Your SAUCE
After purchasing, you can choose to store your SAUCE in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.
Step 7: Security Reminder
To protect your exchange account and SAUCE assets, be sure to use a strong password and enable two-factor authentication.
SAUCE Price:SaucerSwap is a decentralized protocol on the Hedera network that facilitates peer-to-peer cryptocurrency exchange of HBAR and HTS tokens. It prioritizes censorship resistance, security, and self-regulation, and does not rely on selectively trusted intermediaries that limit access.The price fluctuates daily, you can go to the exchange: KuCoin to check the price.
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