What is Saber?
SBR is the governance token for Saber Protocol, an automated market maker (AMM) decentralized exchange (DEX) and yield farming ecosystem for Solana blockchain. Saber provides a cross-chain liquidity network for users to trade stable pairs instantly with low slippage and minimal fees, and exchange between wrapped assets on Solana. Liquidity providers earn yield from transaction fees and other incentives. Holders of Badger Dao interest-bearing Bitcoin ibBTC can bridge their tokens to Solana using Wormhole Bridge to provide liquidity to the ibBTC-renBTC Saber liquidity pool.
