SailFish veDEX
62%
average score over 2 application evaluations
A fast, efficient veDEX on EDUCHAIN, distributing all fees to users. Key features include native batch transactions, fee-sharing rewards, veToken governance, a smart split router, and fair fungible vote tokens.

Built to be Fast & Efficient, Sailfish is the first native veDEX on EDUCHAIN to distribute 100% of fees to protocol users. As a fork of BladeSwap veDEX, SailFish is designed to blend the best elements of vote-escrow (ve) mechanics and (3,3) game theory that create a positive feedback loop that strengthens the protocol over time:

Higher TVL → Attracts more liquidity. Lower Slippage → Trades become more efficient. Higher Volume → Increased trading volume. Higher Fees → Generates more rewards. Higher Vote APR → Community votes on emissions, boosting rewards. Higher Emissions → More users lock tokens, enhancing the protocol further.

SailFish Features Native Batch Transactions: SailFish uses a Singleton Vault structure, allowing users to bundle multiple actions. This reduces complexity and saves gas fees, improving the user experience.

Fee-Sharing Rewards: 100% of protocol fees, including bribes, are distributed to SailFish users.

veToken Governance: The direction of $SAIL emissions to liquidity pools is determined by the community through $veSAIL governance, without interference from SailFish.

Smart Split Router: Our Smart Split Router functions like a DEX aggregator, dividing swaps across multiple routes to minimize price impact.

Fair Fungible Vote Token: SailFish introduces fungible voting tokens to avoid the inefficiencies found in other ve models, such as Equal lock-up conditions for all users or Immediate liquidation via the $SAIL/veSAIL pool, without the need for third-party wrappers.

Traction: Winner EDUCHAIN Open Semester Hackathon 1.2M Transactions on EDUCHAIN Testnet 59k Users, significantly from Europe & US (Google Analytics) Partnership with top projects on EDUCHAIN such as OpenTask AI, GRASP Academy

SailFish veDEX History

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