Saddle Finance is a premier open-source stableswap platform designed to facilitate the efficient swap, stake, and earning of stablecoins. With notable features, such as an impressive cumulative volume of over $2.2 billion and a total value locked (TVL) of $11 million, it aims to provide a trustless DeFi experience powered by governance from veSDL holders. The platform truly stands out by supporting cross-chain gauges, ensuring liquidity incentivization is extended across multiple sidechains and layer 2 solutions.
One of the main attractions of Saddle Finance is its vibrant community. The platform hosts engaging community interactions, including weekly discussions dubbed 'The Watering HODL,' where various participants can share their experiences and insights about the platform and DeFi in general. Active involvement and governance are encouraged through forums where members can propose upgrades and vote on Saddle Improvement Proposals.
In addition to its community-driven approach, Saddle Finance collaborates with reputable protocols, expanding its ecosystem with major partners like Frax Finance and KuCoin, which contributes to a robust infrastructure that has captured the interest of over 3,000 total token holders. Such attributes suggest that the project is built on a solid foundation and focuses on a thriving community.