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xSAUCE news
About xSAUCE
SaucerSwap is the leading decentralized exchange protocol on the Hedera network, implemented as a set of non-upgradable smart contracts focused on censorship resistance, security, and self-custody.
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.
xSAUCE is the liquid staking token of the SaucerSwap ecosystem. Participants deposit SAUCE in the Infinity Pool and receive xSAUCE. Initially set at a 1:1 ratio, the SAUCE-to-xSAUCE conversion rate is designed to grow over time due to automatic compounding, fueled by SAUCE buybacks and Masterchef contract allocations.
The pool features a threefold yield mechanism:
Swap Fees: One-sixth of the fees from all SaucerSwap V1 and V2 liquidity pools are collected.
Farm Emissions: 30% of the Masterchef contract's devcut, currently generating 28.83 SAUCE per minute, contributes to the yield.
HBAR Native Staking Rewards: The WHBAR contract is proxy-staked to a Hedera network node to earn proof-of-stake rewards, made possible by Hedera's absence of slashing conditions and lock-up periods.
The live xSAUCE price today is $0.121319 USD with a 24-hour trading volume of not available. We update our XSAUCE to USD price in real-time. xSAUCE is up 5.45% in the last 24 hours. The current CoinMarketCap ranking is #9455, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.
If you would like to know where to buy xSAUCE at the current rate, the top cryptocurrency exchange for trading in xSAUCE stock is currently SaucerSwap v1. You can find others listed on our crypto exchanges page.