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Saber

SBR

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About Saber

Saber (SBR) is a decentralized exchange that assists in providing the liquidity foundation for stablecoins. Stablecoin is a kind of cryptocurrency whose value is pegged to other assets. Users can deposit cryptocurrency into a Saber liquidity pool for gaining passive yield from token-based incentives, transaction fees, and automated DeFi mechanisms.

Saber is a cryptocurrency built on Solana. SBR leverages key advantages of Solana, which are immediate and low-cost transaction settlements. Users experience quick trading with almost no delay. Solana is a public, open-source blockchain that supports smart contracts, which includes decentralized applications and nonfungible tokens (NFTs).

Saber aims to link every asset in the world by providing a network liquidity foundation. Assets from one blockchain cannot exist on another; hence stablecoins are the prominent option and out of the tokens on disparate blockchains and exchange value across the entire ecosystem.

As mentioned in the white paper, Saber is a type of hyper-deflationary token, which rewards the token holders for holding the tokens. Saber utilizes the buyback approach that helps users to hold the token. Companies announce a buyback of the stock in the open market when a specific stock has low value but has a tendency of performing better in the future. The buyback approach helps traders to trade in the token. Saber has developed three major attributes with the help of the buyback approach, including an increase in value, trust, and reliability.

Saber (SBR) was launched in June 2021 by Solana, a decentralized blockchain. The token was initially introduced as StableSwap on Solana's beta network.

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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.

Market

Market stats

Market cap

-

Volume (24h)

$182,917.37

Circulating supply

-

All time high

$0.81

Market performance

Price change (1h)

+0.64%

Price change (1d)

-2.06%

Price change (1w)

-2.22%

Price change (2w)

-9.81%

Price change (1m)

-25.64%

Price change (1y)

+225.73%

News about Saber

The Block • May 10, 24

Mark Cuban slams SEC’s Gary Gensler, says ‘crypto voters will be heard’ in the 2024 election

"Crypto is a mainstay with younger and independent voters," Mark Cuban wrote in a Friday social media post.

Read more

News Article Image

BeInCrypto • May 10, 24

Layer3 Foundation to Launch L3 Token This Summer

Layer3 Foundation introduces its L3 token, enhancing Web3 governance across 545 ecosystems. This initiative promises significant community empowerment and progressive decentralized governance.The post Layer3 Foundation to Launch L3 Token This Summer appeared first on BeInCrypto.

Read more

News Article Image

BeInCrypto • May 10, 24

VELO Token Skyrockets 358%, Dubbed ‘XRP of Southeast Asia’

VELO, recognized as the "XRP of Southeast Asia," has seen a significant surge, with a 358% increase in value and enhancements in cross-border payments through smart contracts.The post VELO Token Skyrockets 358%, Dubbed ‘XRP of Southeast Asia’ appeared first on BeInCrypto.

Read more

News Article Image

BeInCrypto • May 10, 24

Ondo Finance to Launch RWA Payment Network

Ondo Finance and Zebec Network have partnered to innovate real-time payroll solutions using blockchain technology, enhancing efficiency and financial stability for businesses globally.The post Ondo Finance to Launch RWA Payment Network appeared first on BeInCrypto.

Read more

News Article Image

BeInCrypto • May 10, 24

Alan Scott Explains Why Vitalik Buterin Endorsed Railgun

Vitalik Buterin's endorsement of Railgun highlights its privacy-focused innovations in DeFi, leveraging zk-SNARKs and upcoming updates to ensure secure, private transactions.The post Alan Scott Explains Why Vitalik Buterin Endorsed Railgun appeared first on BeInCrypto.

Read more

News Article Image

Bitcoin Magazine • May 10, 24

America's Largest Bank JPMorgan Chase Discloses Spot Bitcoin ETF Holdings: SEC Filing

Hours after the third largest bank in America reveals its Bitcoin ETF holdings, the country's largest bank follows.

Read more

News Article Image

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Saber is on the decline this week.

The price of Saber has increased by 0.64% in the last hour and decreased by 2.06% in the past 24 hours. Saber’s price has also fallen by 2.22% in the past week. The current price is $0.0027 per SBR with a 24-hour trading volume of $182.92K. Currently, Saber is valued at 99.67% below its all time high of $0.81. This all-time high was the highest price paid for Saber since its launch.

The current circulating supply of Saber is 0 SBR which means that Saber has as total market cap of 0.

FAQ

What is the current price of Saber?

We update our Saber to USD currency in real-time. Get the live price of Saber on Coinbase.

What is the market cap of Saber?

The current market cap of Saber is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Saber?

The all-time high of Saber is $0.81. This all-time high is highest price paid for Saber since it was launched.

What is the 24 hour trading volume of Saber?

Over the last 24 hours, the trading volume of Saber is $182.92K.

How many Saber are there?

The current circulating supply of Saber is 0.

Can I buy Saber on Coinbase?

No, Saber is not currently available on Coinbase, but you can sign up to get the latest news on Saber and be notified when it gets added to our exchange.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.