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Another entrant to the Serum ecosystem: Pools! projectserum.com/tokens dex.projectserum.com/#/pools to create a pool :)

2) NOT INVESTMENT ADVICE

9:00 AM · Dec 14, 2020Twitter Web App

3) What are Pools? Pools are, to some extent, what you want them to be! They can be AMMs, yield vehicles, collective asset baskets, and more. serum-academy.com/en/tokens/#wha

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4) Fundamentally, they're a fundamental primitive where users can collect assets together, with pool tokens acting as ownership of the pool. Yield comes from airdrops into pools; AMMs are pools that trade on a DEX; baskets can rebalance on DEX markets; and more.

5) LQID is the governance token of Pools. It governs fees from creations/redemptions among other things. And 100% of LQID is governed by SRM token holders via EcoSerum. No presale/team/etc.

6) There are two ways to build Pools: a) no admin key, can't rebalance b) admin key, can rebalance note that (b) requires trust! I would also love it if someone built an on-chain program that could only trade on DEX markets so pool creators could use that as the key :)