Salty Project Introduction, Team, Financing and News

Performances

RD Popularity Index

250.00% (24h)

0100200300400500

Project Rank: 7441/15397

RD Growth Index

0100200300400500

Project Rank: --/15397

Comparison

Event Calendar

Apr 17, 2024

Salty launches on the mainnet

Follow Updates

Follow Lists

People

Details

Salty.IO is a decentralized exchange (DEX) on Ethereum that uses an Automatic Atomic Arbitrage (AAA) mechanism to search for and execute arbitrage paths during each user swap. The arbitrage profits replace traditional swap fees, enabling zero-fee swaps, and are distributed to liquidity providers and stakers. It includes native swap protection to reduce sandwich attacks and price manipulation. Users can swap tokens, provide liquidity, stake SALT tokens for governance, and mint the overcollateralized stablecoin USDS by depositing WBTC/WETH LP as collateral. The protocol is governed by a DAO that controls parameters and contracts. SALT is the utility and governance token with a capped supply of 100 million. The project was audited by Trail of Bits, ABDK, and Code4rena, and used a fair launch without pre-sales or VC funding.

Tags:

DeFi

DEX

Ecosystem(1):

Ethereum

Founded:

2023

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