1) Project Serum is an upcoming decentralized ecosystem.
There a bunch of pieces, but here's the core:
1) a DEX
2) with sophisticated products
3) fully on-chain orderbook and matching engine
4) cross-chain compatible
and
5) actually fast and cheap
projectserum.com
Conversation
2) It accomplishes this using:
1) Optimistic Rollups for cross-chain bridges
2) The blockchain for speed
3) A huge effort to build out the ecosystem
Replying to
3) The SRM token is the backbone of Serum.
SRM info: projectserum.com/srm-faq
SRM staking: projectserum.com/staking-voting
SRM tokenomics: projectserum.com/blog/srm-supply
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4) The SRM IEO starts in 1 hour!
projectserum.com/ieo-rules
9pm HKT on FTX, then 10pm HKT on BitMax.
SRM will list on exchanges on Tuesday. (Do not try to buy on Uniswap before then--it's not there!)
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