Sentre is an all-in-one Solana open platform with DApps store and universal protocol for liquidity. which aims to become a Safe Haven for DeFi developers and users.
The project’s vision is to create a decentralized hub where:
- Developers can inherit available liquidity to develop their applications.
- Users can gain access to well-developed innovative apps that generate a high yield of profits.
Sentre introduces two key features: Sen OS — The open platform for dApps, and SenSwap — The liquidity accumulator.
SenSwap, or SenSwap Protocol, is an Automated Market Maker (AMM) that attracts and accumulates liquidity by providing a decentralized exchange service. It opens a market where DApps can instantly absorb the open liquidity.
Sen OS — The Open Platform for dApps
Sen OS is the complete solution for dApp development. By delivering dApps through the Sen Store, developers and partners can access a quality community of real users with real experience and real reviews.
On the other hand, Sen OS is the ultimate workplace for dApp users. For an optimal workflow on a single page, users can organize their favorite dApps and more.
SEN token is a Sentre native utility token which plays a crucial role in the operation of this project.
To propose an on-chain improvement, participants need to stake $SEN in order to vote and reach a consensus. The ratified proposals will be implemented and deployed by the foundation team. This way, Sentizens can participate in Sentre’s important decisions, big changes and future plans toward becoming the true Open Platform for the community.
$SEN helps reduce and maintain an upper bound of the exchange fee. When swapping, with $SEN as the “bridge” between any pair of tokens, Sentizens can reduce the exchange rate from 0.3% to only 0.25%.
Buyback and Make
$SEN is designed as a fee collector. With any swapped pair, the fee can be easily transformed into $SEN. Then, instead of burning them away, these fees are collected and automatically transmitted to other SEN-based services.
$SEN connects all pools in the ecosystem and makes sure any pair of tokens can be swapped. Putting $SEN into all existing two-token pools on SenSwap helps focus all liquidity into one pool instead of having to deposit into three different pools. This increases liquidity effectiveness and reduces the hassle of having to balance between three pairs of tokens.
As $SEN can be present in every pool, there is no token that can’t be converted into $SEN. Therefore, any pair of tokens, no matter how exotic and rare, can be swapped by simply converting both into $SEN. Other tokens can also be evaluated via $SEN for the same technique.