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SBF
@SBF_FTX
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@SBF_FTX
4) What that means is, basically, that projects can start building on Serum. They can use sollet.io to convert between ERC20s and SPL tokens; and they can use the API and docs for data. So what could happen next?
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SBF
@SBF_FTX
5) Well the things I'm most excited about are: a) build borrow/lending b) compose with DEX c) build AMM or other pool type object At that point there will be margin trading, pools for farming, and margin AMMs; all with tiny gas, 1 second speed, and fully on-chain.
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SBF
@SBF_FTX
6) And all easy to go in/out of using sollet.io. This alone would make Serum a really exciting ecosystem: you could build all of your farms, do all of your trading, etc., much faster and cheaper; and it's way more liquid.
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SBF
@SBF_FTX
7) You could treat it as a baller L2 -- fast, cheap, and verifyable, with an easy bridge. But it's also a baller L1 -- and so as it grows you can stay in the Serum ecosystem, all composable and on-chain, all fast and cheap.
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SBF
@SBF_FTX
8) In a week we've gone from cool but clunky, to cool and easy to build on. So let's get to it!
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