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Early returns on swap.projectserum.com: seems like people are using it, a lot.

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1) Some brief thoughts on swap.projectserum.com:

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Rewards are live already?

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They won't, because it is Serum. The stake is too big. This AMM is not such a big deal for them, it is mostly a way to bring more people on the dex.

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Alameda put in some initial liquidity so the pools were usable but won't be aggressively farming it