Description
Sirius Finance is a stablecoin Automated Market Maker (AMM) infrastructure built on the Astar Network, designed to facilitate easy entry into the Polkadot ecosystem. The platform allows users to swap stablecoins with low slippage, minimal impermanent loss, and negligible transaction fees. It aims to connect Astar and Polkadot native protocols by increasing stablecoin adoption to manage volatility. Additionally, it enables convenient cross-chain functionality between EVM-compatible chains and the Polkadot ecosystem, offering more yield farming and arbitrage opportunities for liquidity providers and traders. The governance of Sirius Finance is managed through the veSRS tokenomic model, which encourages staking to transition the platform into a DAO, attract and retain liquidity, and create buy demand for the SRS token.