To improve user experience buying SAITO on Uniswap, liquidity is being moved to a pool with a lower fee level. Fees are moving from 1% to 0.05% in the new SAITO/ETH Uniswap V3 pool.

To maintain and improve liquidity provision on Uniswap, the project will be moving liquidity from the V2 Uniswap SAITO/ETH pair, to the V3 SAITO/ETH Uniswap Pair. This is regular maintenance and protects against end of life issues for Uniswap V2 pairs and allows the project to better target liquidity. The upgrade will be performed on January 23, 2024.

NOTE: this post is about liquidity migration on Uniswap. It has nothing to do with ERC20 token migration to Saito Mainnet. We remind all users there are no plans to force token migration and the only migration tool available remains (https://saito.io/migration). Please be careful of scammers.

The post UPDATE: Uniswap Liquidity Upgrade appeared first on Saito.

As Binance has announced the end of life for BUSD we will be shifting liquidity on Pancakeswap to FDUSD on Friday, December 8. We will take the opportunity of the shift to upgrade to Pancakeswap V3 as well.

For community members providing liquidity on the BEP20 SAITO/BUSD pair we suggest you move liquidity onto the new pair when it is created. The Saito project will continue to guarantee minimum liquidity of USD 250K equivalent on the new SAITO/FDUSD pair.

The post UPDATE: Pancakeswap Liquidity Adjustment appeared first on Saito.

To prevent non-performance from adding uncertainty to network tokenomics, we kindly remind anyone in this situation that any outstanding work should be completed by April 22, 2023 as per our updated Terms and Conditions.

We are expecting to continue our hardcapped zero-inflation 3 billion SAITO token supply for at least the next 12 months, until our work on rolling out and testing token persistence is advanced and we can evaluate the effectiveness of different faucet-powered distribution strategies at driving network growth.

The post Update – Outstanding Work appeared first on Saito.

A lot of historical work on the ‘Saito application stack’ over time has been experimental and exploratory. We have been pushing the boundaries of peer to peer blockchain applications. This led to a platform with prototypes, unused features and layers of incremental design.

Recent development work has focused on RedSquare and the Saito Arcade in a refactor designed to fix this, resulting in a trimmer, tighter set of functions. Significant changes have been implemented to how cross-module UI elements are created and displayed, and inter-module interactions are easier to program. We have also improved some base level features like transactions are compressed, shrinking them to improve the speed and responsiveness of applications.

For anyone following the overarching project roadmap, our refactoring work is part of our efforts to “dogfood” application development in order to improve the usability of our application suite and development tools, as part of a long-term strategy to increase transaction volume and spearhead broader adoption.

With this refactor largely complete, we are now focused on simplifying and improving the quality of the user-facing experience, such as by adding ‘Web3 login’. This is a simple backup-and-restore option that hides behind a familiar web2 login. This work is accompanied by fixes to identifier management and a visual refresh to the sidebar menu and wallet, creating a much better and more persistent user experience. We are currently stress-testing the login system but believe this kind of “easy wallet restoration” will be key to driving mass adoption of RedSquare and game leagues.

Another feature we have spent considerable time on improving has been peer-to-peer video calls. Team members have moved almost all two-person meetings to Saito Video Chat, and are using our experiences to keep improving stability and usability. Two person calls are currently stable and we are focused on improving automatic reconnection and other features that become critical in group calls. If you are looking for a great way to help, please assist by testing this feature on your mobile devices and report to us if you have any problems.

Ongoing Work

Core work continues to replace the consensus code in our javascript-stack with a WASM implementation compiled from the Rust codebase. This will make in-browser applications faster. In the distant future, WASM (web assembly) will also allow developers to plug applications written in other languages into the Saito web stack.

Our gaming work is focused on improving the leaderboards and adding high-scoring tracking for single-player games. We are sweeping through existing games to improve the UI/UX, and trying to find time for new games including Realms – the open source card-powered enchantment game being driven by community development., We are also making updates to how our digital library module works to provide necessary support for on-chain vintage game and ROM management.

Finally, with the new slide-in wallet moving towards completion we are refactoring 3rd party crypto support to try and improve its reliability and quality. We expect that this will take some time, but expect the result to be much more usable and reliable platform for storing third-party crypto, particularly when combined with the ability to recover accounts with the “web3 login” feature.

As above, we are now regularly posting updates and interacting with community members in Saito RedSquare. This is the best place to stay up to date, participate in the process of identifying and discussing our priorities, and of course experience Saito while you are there.

The post Saito Development Update – March 2023 appeared first on Saito.

Liquidity ownership will be migrated from the existing wallet (0x7cef1f635c41e5a80946adac6724532026cc5285) to a multisig vault to improve security and better support future migration to Uniswap V3 and conform with project policy.

The project will move the liquidy over several transactions. Total liquidity in the pool provided by the project should not fall below current levels at any point.

The post NOTICE: Pancakeswap Liquidity Rotation appeared first on Saito.

Polish Whitepaper – Biała księga w języku polskim

In another fantastic community effort, the Saito Whitepaper has been translated into Polish. This is a fantastic effort and we’d like to thank @szpiegotka in particular for his efforts. If you would like to get involved, head over to the wiki to connect.

I am personally pleased not only to see the Whitepaper in one of my ancestoral languages (my Grandfather was a Wongtschowski) but also in the language of Jan Łukasiewicz and Alfred Tarski. These two Polish logicians formed an big part in my early conversion from Mathematics student to Philosophy major. They both demonstrated how rigourous tools can be brought to thinking, and also where the limits of where algebras and symbolic notations can get us.

This translation joins French and Arabic in our growing list.

The post Saito Whitepaper – Polish Translation appeared first on Saito.

Saito has sufficient USD and crypto-denominated assets to execute our roadmap for at least the coming three years. Our current outgoings are USD 80k/month. The project also controls slightly over 500mm ERC20 tokens, and is holding an additional 250mm unvested tokens for a major supporter.

While we are following market movements, our hedges and existing management policies are performing well. We will continue to provide liquidity on major trading pairs as we focus on executing our core roadmap: developing our core software clients, ramping up the quality and playability of the games in the Saito Arcade, and building transaction volume and community engagement.

We are delighted that Saito remains one of the very few 2021-launched tokens to be significantly up over its launch price and are happy to confirm we have no interest in expanding supply or selling additional Saito: our short-term goals remain achieving zero inflation and moving forward with our roadmap.

The post Update June 2022 appeared first on Saito.

The Saito Arcade looks very much like an ordinary website. You can play games, chat, and socialize with friends, so a feature that tells users who else is online makes sense. But the arcade is not an ordinary site. Notice that users don’t login. And, someone can be connected to the Saito Network but not at their computer. Or they can be connected but using a totally different application. 

Making things more complicated, games are not even played “via” the Arcade – they can be played without users even having that application installed. As a bit of historical trivia, it’s interesting to remember that the very first games on the Saito Network were put together before we even had an Arcade module. Invites were sent as messages that users would receive in their email/wallet and click to accept. Games were initialized and played peer to peer (as they still are). We didn’t have card deals then (chess only!), so there was no initialization process and joining games were instant. The only guarantee we have about other Saito users is that they will have a wallet hooked up somewhere at the edge of the network.

Considered this way, the current arcade is less like a walled garden and more like a bulletin board for game invites that provides a UI for configuring invites and handling game initialization. Once browsers are communicating directly, the Arcade can drop away. So while building a liveness widget is one way – but we think there is a better strategy for growth. Namely, instead of turning the Arcade into a destination website where we need users to sit around with an open tab waiting for strangers to show up, we think a better approach is to make it much easier for people to schedule games and share invites socially. Once we have a critical mass of users coming to the Arcade we think that community chat and public game invites will sort out the find-opponent problem.

Before I explain what we are hoping to do here, I want to say that we aren’t opposed at all to someone developing a liveness widget. If you’re a dev and are looking for a reasonably straightforward project to tackle, we would love to work with you on getting this coded and deployed. We’ll provide as much support as is needed to make this application a reality.

With that said, our own team will be more focused on features that don’t require people to be sitting at the Saito Arcade at all. This is why one of the new features that went up last week was the ability for users to create and share game invites as private links. Why not invite a friend by dropping a link in WhatsApp, Telegram or Wechat? The idea is to push the Arcade out into other social spaces. Want to drag someone from Discord into a game? Just send them the link – you won’t even need to explain what Saito is or encourage them to visit the Arcade.

More long-term, we are looking at ways to add support for tournaments and leaderboards and calendars that will let players schedule games in advance. If you want to have a game of Red Imperium after work, why not tweet a link to your gaming calendar and let your friends schedule themselves into your Monday or Friday games? Saito servers can support this process by sending reminder emails or SMS messages. Improving asynchronous game scheduling should also lead to more people being generally available for real-time games.

With that said, there is nothing wrong with a liveness widget. So if anyone is interested in helping us tackle this, we’d be delighted to get  hook you up with a mentor here and show you the ropes. Please send a note to community@saito.tech.

The post Who is on-line on an open platform? appeared first on Saito.

Join us for the 7th Saito Community Town Hall 7. We’ll have loads of updates, answer questions and, likely, cats!

The post Saito Community Town Hall 7 appeared first on Saito.

468,270,545 ERC Saito have been moved from the Seed and Private Round Vault for distribution to Investors. We are glad to get these tokens to our supporters and thank them for their continued contribution to Saito.

Not all funds will be vested immediately. We would kindly remind anyone who has been sent and has yet to respond to a conversion request or confirmation emails that our Terms and Conditions require active response and that distribution may be delayed. We plan to process late responses on a weekly or bi-weekly basis to prevent late submissions from creating an unnecessary processing burden on our admin.

No SAITO have been distributed for other reasons since our previous update.

Vesting disbursements resulted in an 28% increase in resulting supply.
This represents the last substantive distribution of ERC20 tokens under the vesting program.

We hope to provide a ‘year in review’ update on finances and tokenomics in the coming weeks via our blog.

Treasury Safes:

Saito Private Sale Token Vault

Saito Foundation Token Vault

Saito Contributor Token Vault

Saito Holding Token Vault

The post SAITO Token Distribution Update 2022-04 appeared first on Saito.