What is $SAUCE?

If you're new to the SaucerSwap world, you might be wondering about the $SAUCE token. Here is a super simple breakdown of everything you need to know about $SAUCE, playfully referred to by many as the digital seasoning of the Hedera ecosystem.

Quick Facts:

Ticker	SAUCE
Website	https://saucerswap.finance
Network	Hedera
Summary of Project	SaucerSwap is the #1 decentralized exchange on the Hedera network. SaucerSwap leverages the Hedera Token Service (HTS) for its fast transaction speed and low-cost, U.S. dollar-denominated fee structure. Hedera's architecture ensures fair transaction ordering on SaucerSwap. This nullifies the possibility of MEV attacks seen in Ethereum-based protocols like Uniswap.
Tokenomics	https://docs.saucerswap.finance/tokenomics/overview
Contract Address	0.0.731861
Token Max Supply	1 billion
Blockchain	Hedera
Year incorporated	2022

History of SaucerSwap

SaucerSwap V1 launched in August 2022, it was one of the first dexes launched on Hedera and within hours became the largest in terms of TVL & Liquidity. 

Later the same year (November) Single-Sided staking launched for the SAUCE token, allowing SAUCE holders to receive rewards based on swap fees. One year later in November 2023 SaucerSwap V2 launched bringing concentrated liquidity to Hedera for the first time ever, this helped increase volume on Hedera significantly.

For the past few months, we have been working on the next generation of SaucerSwap , this includes an entirely redesigned website, a mobile app to enable easier swapping & custody on the go; and limit orders. SaucerSwap V3 and a perpetual exchange are also in early planning

What is the project goal of SaucerSwap?
SaucerSwap aims to be the leading DEX on Hedera through innovation and user experience, and a leading DEX in Crypto as a whole

What are the different projects under the SaucerSwap ecosystem
Hundreds of tokens are tradable on SaucerSwap, from memecoins to RWA such as diamond standard which tokenise diamonds, to bridged assets such as WETH

What is $SAUCE? What are its use cases?
SAUCE is the governance token for SaucerSwap, enabling token holders to participate in the SaucerSwap DAO, voting on ecosystem-wide proposals such as protocol upgrades and incentive alignments.

What sets SaucerSwap apart from other Web3 projects?
We take a thoughtful approach to development, ensuring features are built securely and have a great user experience, while having a close relationship with our users and incorporating their feedback.

What can we expect from SaucerSwap this 2025 and the upcoming years?
- Redesigned modern website
- Mobile app & wallet
- Limit orders (limit, spot & TWAP)
- Perp exchange
- SaucerSwap V3