Weekly Saber Report: Our latest metrics are in!
-TVL: $25.1M
-Transaction Volume: $34.7M
-Weekly Revenue: $3.6k
We will keep you informed of any developments as we move forward.
We're wrapping up the first chapter in the new SaberDAO saga.
The SaberDAO is back, and
@c2yptic
have shared a good overview on how things have progressed so far since the revival started last year.
We are pleased to announce that we’ve partnered with
@hadeswap
, the issuer of the $MDS stablecoin!
$MDS is backed by NFTs. That means that you're able to use your NFTs as collateral to mint MDS which you can use in the world of Solana DeFi!
🧵 Thread
What Solana LST do you want to see on Saber with pool and gauges?
Share your picks in the comments or on our Discord at
Get ready for the Saber Wars ⚔️
Reminder: Stake your vSOL-SOL LP token on
@thevaultfinance
to earn both $SBR & $VPTS rewards.
The vSOL-SOL pool currently offers a daily yield of 55,526 SBR and 4,750,000 VPTS.
Don't miss out! 👇🏽
In mid January 2024, the DAO voted to pool a grant which would be used to build a votes market (bribe) protocol (proposal 58) on
#Solana
Soon, $SBR and $veSBR will have additional utility, where you can rent out your $veSBR voting power in a votes market protocol!
thread🧵...
You can delegate your $veSBR voting power to and earn!
Incredible work by the
@MetaDAOProject
and its contributors.
Finally, Solana have a votes market AKA Bribe protocol!
We’re happy to announce the formation of the Community council!
Council members consists of representatives from
@grapeprotocol
,
@UXDProtocol
,
@LPFinance_
,
@solblaze_org
,
@Saber_HQ
and more.
For more information, visit our Discord server and check out the latest announcement!
You can delegate your $veSBR voting power to and earn!
Incredible work by the
@MetaDAOProject
and its contributors.
Finally, Solana have a votes market AKA Bribe protocol!
Weekly Saber Report: Our latest metrics are in!
- TVL: $15.7M
- Transaction Volume: $30.2M
- Weekly Revenue: $3.14k
We're committed to restoring Saber to its former glory and beyond. Stay tuned for further updates as we continue our progress!
🏛️ 5 proposals are being discussed in the in-discord DAO Forum right now!
📌DAO legal entity
📌Update SBR tokenomics ve Model
📌Vote-Markets protocol
📌Token Emissions overhaul
📌Pyth Network partnership
Let's take a quick look on each proposal, thread 🧵
📊Care for some massive stable yield?
🤯 Check out the USDT-USDC pool, a stunning 40% APY at the moment
Ps. The screenshot is taken from the new app front end, which is to be deployed very soon. The DAO members are currently doing some final tests before this goes live!
The Saber Front End is now Open source!
Hopefully open sourcing the Saber FE will enhance the decentralization and motivate
#Solana
builders to build cool stuff on top of Saber!
Join our discord and get acquainted with the DAO and share your ideas!
The SOL-bSOL (
@solblaze_org
) pool is generating an impressive APY this epoch.
It could be a great fit for users seeking to maximize their returns on SOL holdings.
Did you know?
Saber's $vSOL-SOL liquidity pool currently earns 1,500,000 $VPTS and approximately 500,000 $SBR weekly.
@thevaultfinance
uses Quarry, an open protocol for launching liquidity mining, for its on-chain points program.
📣 The first steps in the new Saber saga
Hey all,
@c2yptic
here! Now as the new chapter in the Saber saga has started, I’ve looked at the next immediate actions intended to be taken to shape things up... 🧵
SaberDAO is proud to have
@thevaultfinance
stay on board with us! Keep contributing to the pool and earn Vault Points rewards.
Unlock the potential of this partnership.
We're right on board with
@JupiterExchange
's "Welcome to Solana" initiative, the ideal starting point for new users looking to get started using
@solana
.
Explore DeFi on Solana with Saber
- Provide Liquidity on stablecoins & LSTs
- Earn on trading fees
- Stake your LPs to earn
Last week, we launched Welcome to Solana and generated tons of interest.
That’s why we’ve completed the first round of review and updated the Ecosystem Directory on this page.
Thanks for your involvement in making this page better for new users!
@wormhole
,
👉Saber is different from other DEXs. The $SBR token holder truly governs everything Saber through the DAO.
📊Not only used to vote on DAO- and protocol development, the $SBR token also dictates which pools should get the highest APY (based on $SBR emissions)
A new SaberDAO build just went live! 🎉
Here's what's new:
🔍Improved Wallet Handling: See your wallet addy while connected.
➡️Smoother TXs: No more transaction errors with optimized limits & slippage.
⚙️Choose your preferred custom RPC endpoint for optimal performance.
Huge
Through
@JupiterExchange
routing and in-app swaps, Saber provides crucial stable-coin and LST liquidity for multiple well known LSTs and stablecoins such as;
$UXD $USDC $USDT $mSOL $MDS $zSOL $bSOL $USDH
SaberDAO is excited to announce the launch of “SaberDAO Wars”, an initiative aimed at boosting liquidity and governance participation from the Liquid Staking Token (LST) ecosystem within our protocol.
We are extending an open invitation to LST projects to apply for our new grant
Weekly Saber Report: Our latest metrics are in!
- TVL: $16.3M
- Transaction Volume: $28.1M
- Weekly Revenue: $3k
We will keep you informed of any developments as we move forward.
One for the first things the new DAO leadership did was to push for a solution to the $sunSBR issue.
Now a few months later, almost 50% of the $sunSBR have been swapped for $SBR!
Interesting times ahead for $veSBR and the DAO, as proposal 62 passed!
Now it's time for the developers to get to work!
Remember, if you want to participate in a proper DAO revival story, lock your $SBR for $veSBR here:
📣2 big proposals merged into one project is now live to be voted on!
👉SBR LP Fees share to $veSBR dev budget. By
@icebeaver_sol
👉Migrate SBR's Tokenomics to an Improved ve Model dev budget and approval. By
@durdenwannabe
🗳️ Vote here:
📣 A new governance week is here in the SaberDAO!
📌We are currently voting on proposal 63
📌The DAO is also discussing 3 proposals in the in-discord DAO forum.
Join the DAO, and help us shape the future of Saber, join here:
Looking for stable returns that won't keep you up at night? 💰
Saber offers reliable yields on your stable & similarly pegged assets.
- USDC-USDT: 19.18% (Current Yield)
Vota Finance is an aggregator platform designed to develop and optimize the voting market within decentralized finance. Its development was made possible through strategic grants provided by SaberDAO and SolBlaze.
Vota Finance addresses specific needs within the DeFi governance
Explore Our New Brand Identity! ✨
We're thrilled to introduce our revamped website, showcasing our commitment to being the premier hub for stablecoins & liquidity pools (LSTs) on Solana.
👉 Visit:
We’ve partnered with to help us get a proper overview of the Saber metrics!
Soon the DAO will have a comprehensive grafana dashboard covering all relevant metrics! 📊
We are thrilled to announce our partnership with
@the_saber_dao
! SaberDAO leverages custom Fibonacci dashboards to gain advanced insights into liquidity and risk management for the SaberDAO revamp.
What you can do with $SBR:
- Lock $veSBR to participate in governance.
- Vote on DAO decision making
- Dictate and direct $SBR token emissions to liquidity pools
- Rent your voting power to other people (soon)
- Get a access to protocol fees (soon)
This week we have onboarded our first contributors to the SaberDAO! So far we have added the following roles:
🔸 Community manager
🔸 Social Media Manager
🔸 Content Creator
Up next? Developers & business development roles. Stay tuned for DAO votes on funding allocations.
👥The DAOs contributor team is really taking form!
⭐️Did you know that SaberDAO currently have 9 DAO contributors, all coming directly from the community!
👉We have devs, community moderators, designers, dashboard builders, DeFi experts and more!
Weekly Saber Report: Our latest metrics are in!
-TVL: $22.5M
-Transaction Volume: $29.1M
-Weekly Revenue: $2.8k
-Governance gets a boost with 56% of participation.
We will keep you informed of any developments as we move forward.
Weekly Saber DAO Community Call Announcement
Starting this Tuesday, we will be hosting a weekly community call on Discord.
Let's catch up on all things related to the Saber DAO!
Weekly Event Link:
Today is the last day to vote in the epoch, like always, the power to influence the daily $SBR emissions is in your hands.
Don't miss your chance! Head over to to cast your vote.
Since the new Saber chapter got started with
@c2yptic
as the interim SaberDAO leader, we've accomplished the following (screenshot).
More to come as we move in to Autumn. Huge thanks to everyone who is supporting- and participating in the SaberDAO revival!
Exciting news! SaberDAO now integrates merge mining, powered by Quarry!
Claim your rewards with both $SBR tokens and $vSOL points directly within SaberDAO when you provide liquidity for the $SOL-$vSOL pool.
No more protocol switching required! This opens doors to exciting
At the heart of SaberDAO's operations lies its innovative liquidity pool system and the SBR token incentive mechanism.
Liquidity pools form the foundation of SaberDAO's functionality. These pools are essentially smart contracts that hold pairs of tokens, allowing users to trade
📣2 big proposals merged into one project is now live to be voted on!
👉SBR LP Fees share to $veSBR dev budget. By
@icebeaver_sol
👉Migrate SBR's Tokenomics to an Improved ve Model dev budget and approval. By
@durdenwannabe
🗳️ Vote here:
scnSOL ⏭️ INF
scnSOL-SOL pool has been renamed to INF-SOL!
Following the recent
@sanctumso
update here , their token scnSOL is now INF.
Our pools reflect this change, so you'll see INF-SOL instead of scnSOL-SOL.
scnSOL ⏭️ INF
scnSOL will become Infinity
We are upgrading
@scnSOL
to become INF on the 4th of March 2024.
Increase capital efficiency ✅
Increase APY ✅
Kickstart the infinite-LST future ✅
The world of decentralized finance (DeFi) is no stranger to fierce competition, and one of the most notable battles in recent years has been the "Curve Wars" on Ethereum. Now, this concept could find new ground in the Solana ecosystem.
To understand SaberDAO Wars, we must
💎 5M $SBR incentives on 2 Saber strategies are now live for a month!
🚀 Earn additional $SBR on top of your Saber strategies yield!
🤝🏻 In partnership with
@The_Saber_DAO
!
💰 What to do with $SBR?
- Lock them for $veSBR to
Here are the top 3 Saber pools earning the highest $SBR emissions this epoch!
By providing liquidity to these pools, you get decent APY plus juicy $SBR rewards.
Weekly Saber Report: Our latest metrics are in!
- TVL: $20.1M
- Transaction Volume: $29.1M
- Weekly Revenue: $3k
We will keep you informed of any developments as we move forward.
$veSBR holders gotta vote weekly for $SBR rewards to their pools, but who has the time?
@vota_fi
lets you delegate & earn yield without constant monitoring!
Effortless governance for a stronger and robust protocol.
Learn more in the article below: 👇🏽
Build & manage your DAO on Solana!
Tribeca is an open-source protocol for launching DAOs on
@Solana
maintained by SaberDAO.
Aimed at increasing the Solana network's decentralization, Tribeca offers high-quality governance products to all protocols, thereby giving more power to
sunSBR update!
✅The $sunSBR swaps to $SBR seem to be working fine.
👉So far, approx 32% have been swapped.
👉 Thanks to the
@JupiterExchange
team, we all got to enjoy a good UX for the sunSBR solution!
👉Visit our Discord for more information.
👉 In December 2023, the DAO voted to allocate a budget to update the FE and some BE aspects
🏗️ The new front end update is getting close to the finish line, here is a sneak peak;
Saber's LM Gauges: A system designed to optimize liquidity provision and rewards distribution!
By staking in specific pools, users earn $SBR rewards as well as a % of the pool fees.
Gauge weights determine the reward rate, influenced by veSBR holder votes
Great tip
@jussy_world
!
Here's how to earn $VPTS with vSOL-SOL LP tokens:
1️⃣ Get some $vSOL:
2️⃣ Provide liquidity to the vSOL-SOL pool on Saber:
3️⃣ Stake your LP tokens in The Vault's dapp:
4 - Partners and how to farm 2 Airdrops
The Vault is partners and friends:
🔸
@sanctumso
🔸
@The_Saber_DAO
For example, if you buy vSOL, on Sanctum and just keep it in your wallet, you will be able to earn points for two projects!
Right now, The Vault team work on it. ⬇️
Weekly Saber Report: Our latest metrics are in!
- TVL: $17.5M
- Transaction Volume: $33.5M
- Weekly Revenue: $3.32k
We're committed to ongoing development and user experience improvement. Stay tuned for further updates!
SaberDAO is excited to announce the launch of “SaberDAO Wars”, an initiative aimed at boosting liquidity and governance participation from the Liquid Staking Token (LST) ecosystem within our protocol.
We are extending an open invitation to LST projects to apply for our new grant
Are you looking for a place to put your stable assets to work?
Saber offers reliable returns on your stable & similarly pegged assets.
For example, the current yield on USDC-USDT is 17.32%.
3/📌Vote-Markets protocol
Saber needs a bribe- AKA vote markets protocol built on top of Saber, and through an alliance of several DAOs (
@UXDProtocol
,
@solblaze_org
, SaberDAO,
@MetaDAOProject
) we're to see this through!
Stablecoin reserves are generating billions per year, don’t let yours sit idle.
The Saber USDC-USDT pool for example is currently yielding in the 20% (fees + incentives) range.
Put your stables to work today!
1/2 SunSBR Update:
The $sunSBR solution has recently achieved a total swap surpassing 50%, which began on August 16, 2023, to make sunSBR holders whole once again.
Stableswap is a mechanism designed for efficient trading between similarly priced or stable assets.
For instance, USD-pegged stablecoins such as USDT and USDC.
This ensures a seamless, low-slippage environment for swapping stablecoins.
Here are the top 3 Saber pools earning the highest $SBR emissions this week!
By providing liquidity to these pools, you are not only earning fees but also boosting your
#APY
with $SBR emissions!
SaberDAO is excited to continue working with
@solblaze_org
. Maximize the benefits of this partnership by earning an attractive 8.91% APY on the $SOL- $bSOL pool.
Currently, our $USDT/ $USDC pool earns over 3% APY for providing liquidity!
Bear in mind this is with ZERO $SBR emissions….
There is a clear opportunity to provide LP to this pool and gauge vote your $SBR for an even more attractive APY.