Saber logoSaber

TVL: $25.26 M

+2.82% / 7 days

 

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Description[Edit][Issue]

Saber is a decentralized exchange that provides the liquidity for stablecoins,mwhose value is pegged to another asset, like the US dollar or bitcoin. Users deposit crypto into a Saber liquidity pool to earn passive yield from transaction fees, token-based incentives, and eventually automated DeFi strategies.

Benefits[Edit][Issue]

Having veSBR offers a few opportunities for its holders compared to just having CRV.

Voting[Edit][Issue]

Holding veSBR grants holders the rights to be involved in the governance of the protocol. Holders with at least 10 million veSBR have the right to create a proposal.

Gauge Weight[Edit][Issue]

The holders of veSBR can vote which farms should have more or less incentives- the aggregate voting proportions weighted by the veSBR amount determine the reward distribution for the next epoch.

Rewards[Edit][Issue]

There currently are no rewards for locking tokens up.