Saving liquidity - pSOL 🍯

Before Sugar, when tokens graduated to bigger liquidity like Raydium/Pumpswap/Meteora, about ~20 SOL out of 90 SOL were permanently lost in liquidity.

Sugar introduces pSOL, a magical wrapper for SOL, designed to solve this issue.

How it works:

• Upon graduation, liquidity is migrated against pSOL, and that liquidity is permanently locked, preventing rugs.

• At the same time, a mirrored 20 pSOL is minted to represent the 20 pSOL that is permanently locked.

This way, Sugar saves funds and redistributes them to the users. Primarily to liquidity or directly to the users.

The amount of value saved this way is comparable to trading fees charged by major platforms, allowing Sugar to deliver enormous value to its users while staying competitive.

pSOL is built to be backed 1:1 by SOL. pSOL is minted only when SOL is permanently locked. You can swap between pSOL and SOL at any time and in any amount.