Solana-based DeFi platform Saros Finance announced plans to launch the Saros Super App and SAROS token in Q1 2024, aiming to provide users with a fully integrated mobile consumer application and a range of features within the Solana ecosystem, empowering the Saros community.

In addition, the SAROS token economics were announced, with 20% allocated to core contributors, 20% for ecosystem growth, 20% allocated to strategic reserves, 15% for investors, 10% for liquidity provision, 10% for community development, and 5% for community airdrops.

As previously reported by BlockBeats, in December 2021, Coin98 Labs announced the launch of the Solana-based DeFi platform Saros Finance, which will also launch the decentralized automated liquidity protocol SarosSwap.