Detailed Saros User Manual (2021)

Saros is an ecosystem developed by Techtipsnreview, including DeFi products on Solana, including: SarosSwap (AMM), SarosFarm (Pool), SarosStake (Staking). Coming to Saros, you will fully experience DeFi’s unique features. This article guides you on how to use Saros in the most detail.

Preparation before using Saros

Download and install Techtipsnreview Super App

Currently Saros is available on Techtipsnreview Super App for both iOS and Android.

Read the manual Install Techtipsnreview Super App Details or watch the video tutorial below:

Download and install Techtipsnreview Extension

Techtipsnreview Extension now supports you on both Chrome browser. If you are a new user, you can directly install the Extension on your computer:

  • Installation instructions on Google Chrome here.

Create Solana wallet (SOL & SPL tokens)

Since Saros is a project located on Solana, you definitely need a Solana wallet (SOL, SPL) to use this platform.

After you have downloaded or updated the Techtipsnreview Super App, you can follow the instructions below to create a Solana wallet (SOL, SPL) or import an existing wallet on other wallet applications into Techtipsnreview.

  • Instructions for creating a Multi-Chain wallet here (encourage).
  • Instructions to create Solana wallet (SOL, SPL) here.
  • Instructions to import Solana wallet (SOL, SPL) from Sollet wallet here.
  • Instructions to import Solana wallet (SOL, SPL) from Phantom wallet here.

If you are currently a user of Techtipsnreview, please refresh your wallet multi-chain to update your Solana wallet (SOL, SPL) as well as other new wallets available in this version!

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Prepare SOL as a gas fee

Saros use SOL to waste gas. Therefore, in order to fight on Saros, you must have SOL do fees.

So everything is ready, let’s start the real battle.

Currently, Saros only allows users to use the Swap feature of SarosSwap and SarosFarm (Pool), in the future the project will launch more SarosStake (Staking). Techtipsnreview will update details on how to use other products as soon as there is a notice from the project.

User Manual SarosSwap

Native Swap on Techtipsnreview Super App

Step 1: Open the Techtipsnreview app, select Swap.

Step 2: Select the icon in the top left corner, select Saros Swap.

Step 3: Select the SOL wallet address you want to make the transaction.

Step 4: Select the tokens/coins you want to perform Swap. Enter the corresponding trading volume. Here, I will choose Swap USDC and C98.

Step 5: Select the settings icon in the top right corner of the screen and choose between 2 interface options: Basic interface (1) and Advanced interface (2).

Step 6: The screen will display the last information for you to confirm, in which note the number of swap assets, the number of assets received, and parameters such as:

  • Rates: Price ratio between the pair of tokens you want to swap.
  • Price Impact: The difference between the market price and the estimated price provided by SarosSwap.
  • Estimate gas fee: SOL number is used as transaction fee.

After checking everything carefully, click Swap.

The system will display a pop-up for you to check the command again. If you agree to swap, choose Swap to complete.

Note: You can adjust gas and slippage according to your needs by clicking on the icon in the upper right corner of the screen.

  • Gas fees on Techtipsnreview have been optimized for users to make transactions quickly and at the most reasonable cost.
  • Slippage is one of the common causes of swap failures. You can trade with the default slippage on SarosSwap (0.5%), or customize it higher to ensure the highest success rate.
  • The arrow in the middle has the function of changing buy and sell positions, you need to pay attention to check carefully to not place the wrong order.
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After the Swap is successful, you can return to the main screen to check the traded tokens or check right at Trade History in the trading interface.

On Techtipsnreview Extension

Techtipsnreview Extension with the latest updated version allows users to connect to Dapps easily.

Another highlight of Techtipsnreview Extension Wallet is the drag bar Gas fee Convenient to optimize the cheapest gas setting but still ensure the fastest transaction speed.

Step 1: After accessing Saros, you choose Swap in the left corner, or scroll down, select Saros Swap.

Step 2: Brothers choose Connect Wallet in the upper right corner of the screen. Saros will connect himself to Techtipsnreview Wallet.

Step 3: Item Exchange At the main screen of Saros, you choose the token pair you want to trade, enter the corresponding amount. Then press Swap.

Note: Transaction fees on Saros are quite cheap, but you also need to store some SOL for gas fees while swapping for the transaction to be completed.

Step 4: The screen will display the last information for you to confirm, in which note the number of swap assets, the number of assets received, and the parameters as I described above, including: Rate, Price Impact and Swap Fee.

After checking everything is correct, press Confirm.

Instructions for providing liquidity on Saros

Step 1: Click on Liquidity in the left corner.

Step 2: Click Add Liquidity

Step 3: Select the token you want to provide liquidity. Here I choose C98 and SOL, then click Supply.

Step 4: The system will display a pop-up window asking for your confirmation. Choose Sign

So you have successfully provided liquidity on Saros!

You can check your transaction history by copying your wallet address and accessing solscan.io

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To check the liquidity you just provided, you access saros.financeselect Pools as shown below:

Instructions for clearing liquidity on Saros

Step 1: After accessing saros.finance and login to Techtipsnreview, select Connect Wallet in the upper right to connect to Techtipsnreview. Saros Finance will automatically detect and connect to your Techtipsnreview wallet.

Step 2: Choose Liquidity In the left corner, you will see the Liquidity you created earlier. Click on the arrow to display details about the brother tokens/coin pairs that have created liquidity. Choose Remove.

Step 3: Enter the amount of liquidity you want to delete. Choose Remove.

Step 4: Check the information again, if it is correct, you choose Remove.

Step 5: The screen will appear asking for confirmation from Techtipsnreview. Choose Sign

Step 6: After successful liquidation, you can check the number of coins/tokens in your wallet.

summary

Thus, I have introduced and guided you in detail on ways to optimize profits with Saros. You can refer to the analysis of Saros Finance’s operating model below to be able to find investment opportunities with the project right from these first steps of development.

Explore more: Analysis of Saros Finance’s operating model

In addition, if there are any problems or questions during the implementation, please leave a comment below, the Techtipsnreview team will support you to answer them right away! Don’t forget to subscribe and join Techtipsnreview Insights’ groups and channels below to discuss with admins and other community members:

Saros User Guide – A Useful DeFi Tool on Solana here.

Source: Detailed Saros User Manual (2021)
– TechtipsnReview

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