Conversation

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

2) NOT INVESTMENT ADVICE

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

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 :)