Conversation

2) NOT INVESTMENT ADVICE, etc.

3) A lot of people have been asking what

@ProjectSerum

's roadmap is. In the end Serum is what the community makes of it. There are tons of teams actively building on it right now, and lots of exciting projects in the works! Here are some ideas: serum-academy.com/en/serum-proje

4) But FWIW, here are my thoughts. There are tons of things that I'd love to see. But here are the things that I think form the _core_ of it: DEX, Borrow/lending, AMM, and ETH<>SOL bridge, liquidity; All on-chain, fast (< 1 second), cheap (< $0.0001 gas), and composable

5) DEX: an orderbook. This is LIVE, see serum-academy.com/en/dex-list/ Borrow/Lending: Something like

@AaveAave

@compoundfinance

AMM: Ideal version would be many-asset (like

@BalancerLabs

) and programmable Bridge: live on FTX; sollet.io SOON Liquidity: live

6) Why those 5? First, they form the core infrastructure other things can build on. Farming uses AMMs and lending; trading uses DEX and borrow/lending; adoption needs bridges. All need liquidity. Once these five are in place, basically all of DeFi can be built on Serum.

7) Second, making those composable is fucking powerful. DEX + borrow --> margin trading DEX + AMM --> liquid pools AMM + borrow --> margin pools AMM + bridge --> more yield By combining them you start to get instruments that rival CeFi. And it's all fast, on-chain, and cheap.

5:49 AM · Sep 9, 2020Twitter Web App

8) Third, EcoSerum has built a really awesome process for onboarding new projects, giving grants, and adding new tokens into the Serum ecosystem: serum-academy.com/en/serum-proje Once the core infrastructure is there, other things will follow.

Replying to

9) So what's the progress on them? Well you can always do more, but fundamentally: DEX: done, serum-academy.com/en/dex-list/ Borrow/lending: grants! serum-academy.com/en/serum-proje AMM: grants! Bridge: many building, sollet.io bridge going live in the next week

10) As these build out, it unlocks so much more. Also, on-chain staking will also come out in the next month, and SRM listings continue! Anyway I'm excited to see what comes of them.