Salty.IO is a Decentralized Exchange on Ethereum which uses Automatic Atomic Arbitrage (AAA) to generate yield and provide Zero Fees on all swaps.

With AAA, market inefficiencies are arbitraged at swap time to create profits – which are then distributed to liquidity providers and stakers and used to form Protocol Owned Liquidity (POL) for the DAO.

The exchange is 100% decentralized at launch – with all parameters, regional exclusions, whitelisting, and contracts controlled by the DAO.

The SALT exchange token (ERC20) has a capped maximum supply of 100 million tokens, limited emissions and deflationary mechanics.

SALT can be staked to acquire xSALT, which is used for both yield and governance.