What is Saber protocol?

Saber is the first automated market maker optimized for trading pegged assets on Solana. Our protocol enables Solana users and applications to efficiently trade between stable pairs of assets, as well as earn yields by providing liquidity to the platform .

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Is saber a coin or token?

About Saber (SBR) The Saber DEX allows for low fee swaps of USD stablecoins . There are a number of Solana-based SPL tokens that have the same or similar assets backing them. For example, Solana supports USD Coin (USDC), Tether (USDT) and Terra (UST) that all target the price of USD1.

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