Saddle&nbsp;is a decentralized automated market maker (AMM) on the Ethereum blockchain, optimized for trading&nbsp;pegged value crypto assets&nbsp;with&nbsp;minimal slippage. Saddle enables fast, low-cost, and low-slippage swaps for traders and high-yield pools for LPs. The team believes in collaboration, in building Saddle as a DeFi lego block, and in helping DeFi teams bring pegged asset swaps to any blockchain or L2.SDL token holders can vote on proposals. Initially, the proposals will be on&nbsp;Snapshot, which the current&nbsp;community multisig&nbsp;will then enact.&nbsp;Discourse&nbsp;will be the platform for discussion of the proposals.The team expects proposals in the next few months to migrate to fully on-chain governance using the&nbsp;Compound Governor Bravo&nbsp;and add additional token economics.

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Saddle&nbsp;is a decentralized automated market maker (AMM) on the Ethereum blockchain, optimized for trading&nbsp;pegged value crypto assets&nbsp;with&nbsp;minimal slippage. Saddle enables fast, low-cost, and low-slippage swaps for traders and high-yield pools for LPs. The team believes in collaboration, in building Saddle as a DeFi lego block, and in helping DeFi teams bring pegged asset swaps to any blockchain or L2.SDL token holders can vote on proposals. Initially, the proposals will be on&nbsp;Snapshot, which the current&nbsp;community multisig&nbsp;will then enact.&nbsp;Discourse&nbsp;will be the platform for discussion of the proposals.The team expects proposals in the next few months to migrate to fully on-chain governance using the&nbsp;Compound Governor Bravo&nbsp;and add additional token economics.Saddle, an open-source&nbsp;automated market maker&nbsp;(AMM) for trading between pegged value crypto assets, has closed a $7.5 million funding round led by Polychain and Electric Capital with participation from Nascent, Project Galaxy and others. The fundraise follows a $4.3 million raise in January.

Saddle

Saddle is a decentralized automated market maker on the Ethereum blockchain, optimized for pegged value crypto assets.

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