Day One update — SakeSwap.finance
We officially launched SakeSwap.finance on 8th Sep. Phase I, Yield Farming, is active now which means Uniswap LP tokens can be staked to farm SAKE. The SAKE-ETH liquidity pool is live on Uniswap with fast-growing liquidity in less than 24h.
Some important links you may be interested
SAKE token contract: https://etherscan.io/address/0x066798d9ef0833ccc719076Dab77199eCbd178b0#code
SakeMaster contract: https://etherscan.io/address/0x0EC1f1573f3a2dB0Ad396c843E6a079e2a53e557#code
As we mentioned in the first Medium post, we are now in the first 5-day period with 50 SAKE per block. The Yield Farming can be divided into three stages: Beta test, Accelerated, and Normal.
The reason why we set a 5-day Beta test is to test the performance of different pools and make sure the upcoming Accelerated farming run smoothly. Currently, there are 20 pools available categorized to 10 groups. We plan to improve the pool set based on pool metrics and community feedback. The pool metrics include, but not limited to, the pool APR, and the number of the staked LP tokens. Welcome to share your thoughts through Discord and Twitter.
Ongoing
A security audit for SakeSwap will be released this weekend as planned.
Since everything goes well, we start to reach out to some famous Defi communities and Defi KOLs. Help us to spread if you like what SakeSwap aims to improve.
Official Website: https://sakeswap.finance
Twitter: https://twitter.com/sakeswap
Medium: https://medium.com/@sakeswap
Discord: https://discord.gg/uYFVyNX
