Constant product AMM on Solana.
Sencha is a new decentralized exchange (DEX) built on top of the Solana blockchain. Sencha’s mission is to be the go-to place for discovering and trading new crypto assets. The interface was designed to be intuitive for veteran DeFi traders and first-time crypto users alike. While Sencha appears to be a standard constant product AMM, the goal is to innovate upon the long-standing AMM norms. For example, all existing Solana AMMs use SOL and USDC as their main base pairs. We instead plan to use staking derivatives that provide more value to liquidity providers, and in the case of staked SOL actually help to decentralize the Solana network.