The crypto market is on an evolutionary cycle. A lot is happening, and the landscape is gradually growing. Therefore, more and more names are entering the landscape and adding to the overall diversity. One such project is Saros.
Saros is an all-new DeFi protocol built on the Solana blockchain. Many have called it a New-Generation Liquidity Engine. The platform is set to improve the Web3 experience by offering more robust financial services.
One key aspect of Saros is that it looks to change or revolutionise the SOL DeFi landscape completely. As a result, the platform is rumored to introduce a more innovative and advanced liquidity solution named Dynamic Liquidity Market Maker V3 or DLMM V3.
Growth And Evolution Of Saros
Saros had its inception back in 2021 as a protocol called SarosSwap. However, the project underwent several iterations, leading to the current version of SAROS with DLMM V3 liquidity protocol. This has made SAROS capable of one of the best and most liquid DeFi landscapes.
This would allow the platform to conduct some important and in-depth financial services, including spot trading, stablecoin trading, and lending operations on the go. Therefore, adding more traction to the whole deal.
The inclusion of SAROS can also destabilize the industry and make things more competitive for other DeFi operating in the ecosystem. As a result, it is important to monitor all the details and see where the platform is heading.
