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Full Sail supports three core user roles: traders, liquidity providers, and veSAIL holders (voters). Each role interacts with the protocol differently, but all are integrated within the same AMM system.

Traders

Traders benefit from deep, concentrated liquidity and a dynamic fee model that adapts to market conditions. Swap execution is non-custodial, permissionless, and optimized through intelligent routing that finds the best price across multiple pools.
  • Reduced slippage through concentrated liquidity
  • Lower execution costs during stable conditions
  • Automatic route optimization for best price

Liquidity Providers (LPs)

LPs deposit token pairs into price-bounded ranges. These positions are active only when the market price is within the selected range, allowing LPs to concentrate capital where it is most useful.
  • Earn rewards directed by prediction voting
  • Define custom price ranges for capital efficiency
  • Adjust, update, or withdraw positions at any time

Voters

Locking SAIL into veSAIL grants governance power and access to protocol revenue.
  • Earn 95% of trading fees from voted pools (remaining 5% goes to protocol insurance fund)
  • Vote to direct emissions to specific liquidity pools based on predicted trading volume
  • The closer the prediction aligns with actual volume, the higher the earned rewards
This structure ties emissions to real market activity and rewards accurate governance participation.