Latest news with #SAROS
Business Upturn
09-05-2025
- Business
- Business Upturn
Saros to Launch Revolutionary DLMM Technology on Solana
Ho Chi Minh, Vietnam, May 08, 2025 (GLOBE NEWSWIRE) — New v3 Liquidity Model Set to Transform DeFi Trading Experience and Ecosystem Resilience Saros, a leading decentralized finance protocol on Solana, today announced plans to release a groundbreaking DLMM (Dynamic Liquidity Market Maker) v3 model as part of a comprehensive upgrade to its infrastructure. This advanced liquidity solution represents an evolution in decentralized exchange technology within the Solana ecosystem. The new DLMM model will introduce customized liquidity provision ranges, enabling users to earn enhanced LP (liquidity provider) fees while significantly improving trading efficiency across the platform. This technology has proven to be a major driver of volume and total value locked (TVL) for market leaders in other ecosystems and among current players in Solana. The DLMM is the first in a series of major 2025 upgrades to the new SAROS ecosystem, which will bring both application and infrastructure layer upgrades to Solana users and multi-chain traders worldwide. Addressing Ecosystem Vulnerabilities This development comes in the wake of the widely publicized scandals surrounding several decentralized exchanges and Hayden Davis of Kelsier, which resulted in billions of dollars in value destruction, particularly affecting political meme tokens $TRUMP, $MELANIA, and $LIBRA. These events have exposed critical vulnerabilities stemming from centralized points of failure and highlighted the need for robust alternatives within the Solana ecosystem. 'The recent Kelsier situation demonstrated how concentrated power and influence can challenge the stability of our entire ecosystem,' said Thanh Le, founder of SAROS. 'Our implementation of DLMM technology aims to strengthen the integrity of the Solana DeFi landscape by providing a more decentralized and robust alternative that reduces systemic risk while fostering genuine free-market competition.' Mr. Le emphasized that with the advice and assistance of the original creators of v3, the TraderJoe founders, the technology will 'bring the most well tested, innovative, and robust version of the REAL v3 technology to Solana, with the speed and execution quality that Solana has become famous for.' Accelerated Development Timeline In alignment with Solana's reputation for speed and innovation, Saros is executing this technological build at rapid pace. The development team has garnered the expertise and support of the original creators of DLMM technology from TraderJoe to ensure secure and cutting-edge implementation. A beta version of the DLMM product is scheduled to launch in mid-May 2025, with early previews and technical renderings to be unveiled during the upcoming Token 2049 conference. Early Adopter Incentives Users participating in the upcoming $SAROS staking program which will be released on April 28th, will have exclusive access to alpha and beta versions of the new technologies as they are announced in the coming weeks and months. Stakers will gain access to new launchpads, airdrops, yield bonuses, and discounts on major research and trading technologies. Complete details of this rewards structure will be announced later this month, offering early adopters potential opportunities to benefit from their participation. 'It is time for a new era of open competitive innovation, growth, and integrity in the Solana ecosystem,' the Saros team stated. 'It is time for Saros.' About Saros Saros is developing next-generation decentralized finance infrastructure on the Solana blockchain, focusing on speed, security, and user experience. The protocol aims to provide traders and liquidity providers with advanced tools while maintaining the core values of decentralization and transparency. To learn more about Saros, visit Website: Twitter: Telegram: Discord: Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Yahoo
13-02-2025
- Entertainment
- Yahoo
Housemarque's Next Sci-Fi Shooter Is Called Saros And It Might Be More Forgiving Than Returnal
I knew Saros was a Housemarque game the second its protagonist said, 'But after every death I always come back stronger.' The Finnish studio behind Returnal and a host of excellent arcade shooters is back with a new entry in the same genre scheduled for release on PlayStation 5 in 2026 and I already can't wait. Not much was revealed in the cinematic teaser during Wednesday's PlayStation State of Play showcase, including any actual gameplay. But we did get a sense of Saros' world and stakes, with the main character mentioning endless time loops and an eclipse from which madness, and creepy enemies, both spawn. It seems very much like a spiritual successor to 2021's GOTY roguelike contender Returnal but with an important difference. While that game was pretty punishing run-to-run, Saros will have 'permanent resources and progression.' Every time hero Arjun Devraj (played by Rahul Kohli) respawns, he'll have new weapons and upgrades rather than his arsenal resetting each time. Here's the description: Set on the planet Carcosa under the threat of an ominous eclipse, take on the role of Arjun Devraj, a powerful Soltari Enforcer searching for answers on a lost off-world colony. SAROS features permanent progression systems, where every death reshapes the world while offering new upgrades to overcome challenges. With a haunting story, deep third-person action, and a grounded performance by Rahul Kohli, SAROS presents the next evolution in Housemarque's gameplay-first experience. Creative director Gregory Louden called it 'the ultimate evolution of the Housemarque gameplay-first experience' and said the game will continue in the third-person action shooter tradition of its predecessor. There's even a slight wink and a nod to Housemarque's signature bullet hell orb patterns it loves killing players with. When the game does arrive sometime in 2026, it will include enhancements for PS5 Pro. Considering the importance of framerate to the genre, that will probably end up being no small thing. Hopefully we get to see some actual gameplay later this year. In the meantime, you can join me in celebrating Housemarque's 30th anniversary by giving Returnal a shot if you haven't already. . For the latest news, Facebook, Twitter and Instagram.
