Uniswap Liquidity Update
2021-11-12
The Saito Project has removed 25% of it’s liquidity on the ETH/SAITO and USDT/SAITO pairs.
This is a treasury management/balance move made possible and necessary by recent increases in the value of the SAITO token. The value of liquidity provided by the project had become significantly more than necessary to ensure smooth trading on Uniswap. It has also come to represent an outsized portion of the project’s holdings.
The project will look to deploy this liquidity in other areas that will provide value to the project and community in the near future.