{"id":"sailfish-finance","title":"SailFish Finance","content":"**SailFish Finance** is a [decentralized exchange](https://iq.wiki/wiki/decentralized-exchange) (DEX) operating on the EDUCHAIN, integrating vote-escrow (ve) mechanics and (3,3) game theory to enhance [decentralized finance](https://iq.wiki/wiki/defi) (DeFi). It aims to provide liquidity for EduFi applications on the EDUCHAIN [[1]](#cite-id-eBjidgLuVo) [[2]](#cite-id-ypowlrEhwg).\n\n## Overview\n\nSailFish Finance is designed to improve DeFi through concentrated liquidity, dynamic fees, and community-driven governance. As a veDEX, SailFish distributes 100% of protocol fees to its users and token holders. The platform allows users to participate in farming concentrated [liquidity pools ](https://iq.wiki/wiki/liquidity-pool)and aims to provide minimal price impact during trading via its smart split router [[2]](#cite-id-ypowlrEhwg).\n\nUnlike traditional veDEX models that often require long-term token locks, SailFish offers flexibility by allowing users to swap $SAIL tokens for $veSAIL without a lock-up period. This approach increases accessibility and promotes community-driven governance. Inspired by Curve’s vote-escrow mechanics and OlympusDAO’s (3,3) game theory, SailFish seeks to establish a sustainable, user-centric DEX on EDUCHAIN [[1]](#cite-id-eBjidgLuVo).\n\nSailFish utilizes a \"Singleton Vault\" structure, enabling users to bundle multiple actions, like swaps, liquidity pool (LP) management, voting, and claiming rewards, into a single atomic transaction. The direction of $SAIL emissions to liquidity pools is determined by the community through $veSAIL governance [[1]](#cite-id-eBjidgLuVo).\n\n## Key Features\n\nSailFish Finance incorporates several key features:\n- Native Batch Transactions: Allows users to bundle multiple actions into a single transaction, saving [gas](https://iq.wiki/wiki/gas) fees and improving user experience [[1]](#cite-id-eBjidgLuVo).\n- Fee-Sharing Rewards: Distributes 100% of protocol fees, including [bribes](https://iq.wiki/wiki/bribes), to SailFish users [[1]](#cite-id-eBjidgLuVo).\n- Smart Split Router: Functions as a DEX aggregator, dividing swaps [across](https://iq.wiki/wiki/across) multiple routes to minimize price impact and reduce fees [[1]](#cite-id-eBjidgLuVo).\n- Fair Fungible Vote Token: Introduces fungible voting tokens to ensure equal lock-up conditions and immediate [liquidation](https://iq.wiki/wiki/liquidation) via the $SAIL/veSAIL pool [[1]](#cite-id-eBjidgLuVo).\n- Concentrated Liquidity Pools: Farming for concentrated liquidity pools [[2]](#cite-id-ypowlrEhwg).\n\n## Technology\n\nSailFish's technology includes:\n- Vote-escrow (ve) Mechanics: Encourages users to lock tokens for voting power, fee-sharing rewards, and increased liquidity incentives [[1]](#cite-id-eBjidgLuVo).\n- (3,3) Game Theory: A cooperative strategy where participants work together by [staking](https://iq.wiki/wiki/staking) and holding tokens, maximizing rewards and stabilizing the protocol [[1]](#cite-id-eBjidgLuVo).\n- Singleton Vault: A structure that allows users to bundle multiple actions into a single atomic transaction [[1]](#cite-id-eBjidgLuVo).\n- Smart Split Router: A DEX aggregator that divides swaps [across](https://iq.wiki/wiki/across) multiple routes to minimize price impact [[1]](#cite-id-eBjidgLuVo).\n\n## Tokenomics\n\nSailFish uses two tokens:\n- $SAIL: An [ERC-20](https://iq.wiki/wiki/erc-20) [utility token](https://iq.wiki/wiki/utility-token) for rewards and liquidity incentives [[1]](#cite-id-eBjidgLuVo).\n- $veSAIL: An ERC-20 [governance token](https://iq.wiki/wiki/governance-tokens) used to vote on emissions and protocol changes [[1]](#cite-id-eBjidgLuVo).\n\nUsers can swap $SAIL for veSAIL at any time, with no lock-up period, and veSAIL tokens can be liquidated through the $SAIL/veSAIL pair on SailFish [[1]](#cite-id-eBjidgLuVo).\n\n## Use Cases\n\nSailFish supports EDUCHAIN’s mission to bring the education industry on-chain by providing liquidity for EduFi, enabling applications on EDUCHAIN to access on-chain liquidity and address education-related challenges [[1]](#cite-id-eBjidgLuVo).\n\n## Partnerships\n\nSailFish is backed by [BladeSwap](https://iq.wiki/wiki/bladeswap) veDEX and OC-Incubator (EDUCHAIN).\n\n## Real-Time Voting\n\nVoting on SailFish has been simplified to farming with fungible ve tokens, where users can click \"smart vote\" to have the platform handle the calculations [[3]](#cite-id-vr682XvXUc).\n\n## Smart Split Router\n\nThe smart split router works similarly to a DEX aggregator by allowing swaps to take multiple paths, optimally divided by size, to minimize price impact [[3]](#cite-id-vr682XvXUc). This eliminates the need for third-party aggregators, saving on upfront fees and positive [slippage](https://iq.wiki/wiki/slippage) while significantly reducing [gas](https://iq.wiki/wiki/gas) costs [[3]](#cite-id-vr682XvXUc).\n\n## Fair Fungible Vote Token\n\nSailFish rejects misleading [tokenomics](https://iq.wiki/wiki/tokenomics) by introducing transparent fungible voting tokens, ensuring equal lock-up conditions for everyone and allowing for immediate and easy [liquidation](https://iq.wiki/wiki/liquidation) through the SAIL-veSAIL pool [[3]](#cite-id-vr682XvXUc). As a result, value circulates safely and entirely within the protocol, eliminating the need for third-party wrapper intervention [[3]](#cite-id-vr682XvXUc).\n\n## V3 Liquidity Provision\n\nSailFish provides V3 Liquidity Provision [[3]](#cite-id-vr682XvXUc).","summary":"SailFish Finance is the first native veDEX on EDUCHAIN, distributing 100% of fees and powering liquidity for EduFi. It blends vote-escrow (ve) mechanics and (3,...","images":[{"id":"QmdcL7CfjWS5XVHLDBz6jxsBJ8uLnQ1GDQ3GeC2HVD9KX5","type":"image/jpeg, image/png"}],"categories":[{"id":"defi","title":"Decentralized Finance"}],"tags":[{"id":"Protocols"},{"id":"DEXes"},{"id":"Blockchains"}],"media":[{"id":"QmSWTqe5uaWpcq5Lkw9wDRSRQj586iSxv1wXBLUzWKZuFa","size":null,"name":null,"type":"GALLERY","source":"IPFS_IMG"}],"metadata":[{"id":"references","value":"[\n  {\n    \"id\": \"eBjidgLuVo\",\n    \"url\": \"https://sailfish-vedex.medium.com/introducing-sailfish-vedex-a923c7f625cc\",\n    \"description\": \"Medium article introducing SailFish veDEX\",\n    \"timestamp\": 1748960753468\n  },\n  {\n    \"id\": \"ypowlrEhwg\",\n    \"url\": \"https://www.sailfish.finance/\",\n    \"description\": \"SailFish veDEX official website\",\n    \"timestamp\": 1748960753468\n  },\n  {\n    \"id\": \"vr682XvXUc\",\n    \"url\": \"https://vedex.gitbook.io/docs/getting-started/why-sailfish\",\n    \"description\": \"Sailfish Docs about why SailFish\",\n    \"timestamp\": 1748960753468\n  }\n]"},{"id":"twitter_profile","value":"https://x.com/SailFishFinance"},{"id":"website","value":"https://www.sailfish.finance/"},{"id":"discord_profile","value":"https://discord.com/channels/1088034981814738995/1272875816635863091"},{"id":"telegram_profile","value":"https://t.me/sailfishcommunity"},{"id":"medium_profile","value":"https://sailfish-vedex.medium.com/"},{"id":"commit-message","value":"edited page, added mas informacion"},{"id":"previous_cid","value":"QmWwUu4ckJxbYJaaPuGB8DYv6D1syF5JdLbZLPXxCcBh4H"}],"events":[],"user":{"id":"0x212Cb3F4aE6611054637f9f78F18fB628AD258bb"},"author":{"id":"0x8AF7a19a26d8FBC48dEfB35AEfb15Ec8c407f889"},"language":"en","version":1,"linkedWikis":{"blockchains":[],"founders":["anon"],"speakers":[]}}