Saddle is a decentralized automated market maker (AMM) on the Ethereum blockchain that allows for efficient and low-slippage trading of pegged value crypto assets. The Saddle team emphasizes collaboration and aims to help other DeFi teams bring AMMs to any blockchain. Saddle has been built with open-source collaboration since its launch in January 2021 and offers SDL token holders the ability to vote on proposals through Snapshot, with Discourse serving as a platform for discussion.
