A warm welcome back to the latest issue of the Serum newsletter! The New Year holidays are just around the corner and 2020 is coming to an end - we wish you all the best!
liquidity pool
We have talked about the newest product on the Serum platform - liquidity pools - in a previous briefing. Essentially, a liquidity pool is a mechanism for a group of users to take collective action.
Bonfida x Liquidity Pool
Bonfida is the first project to utilize a liquidity pool - starting with the development of a "Serum Ecosystem Liquidity Pool" that enables participants to accessSerum Ecosystemrelated basket of assets.
https://bonfida.medium.com/introducing-the-ecosystem-pool-bba97f7e9023
Ecosystem Liquidity PoolIt highlights the interoperability within the Serum system, and also allows participants to become the first batch of people who own $LQID, the native token of the liquidity pool! BonfidaEcosystem Liquidity PoolIt also lays the groundwork for more innovative ways to utilize liquidity pools - what if we could use liquidity pools to crowdfund other projects in the Serum ecosystem?
Bonfida x Liquidity Pool x MAPs x Oxygen — VC Liquidity Pool Series
As you can see, there are a lot of "x" connectors in the title, but bear with me. This just goes to show that these are composable and interoperable - see below.
https://bonfida.medium.com/maps-vc-pool-555773233bf7
https://bonfida.medium.com/oxy-vc-pool-f5f4ca8a6401
In a nutshell, these liquidity pools allow participants to buy $MAPS and $OXY at a 10% discount to the IEO price - but to participate in these liquidity pools, users must burn $FIDA because these liquidity The pool was built by Bonfida!
MAPS - Come join our waiting list
MAPS is in full swing, preparing for a big event, and everything is ready to go. We strongly recommend that you join the waiting list for its projects.
The initial version of the Oxygen project is released
The best way to understand something is to experience it yourself, participate in it, and grow with it! Come try out the initial version of Oxygen, and let's help them build the best product in the Serum ecosystem.
This isn't the only initial version of the Oxygen project, either. Click on the Twitter thread link below and you'll see why Project Oxygen has so much potential:,https://twitter.com/Oxygen_protocol/status/1339839120084934656
If you have any questions, or would like to create and develop your own projects within the Serum ecosystem, please feel free to contact us at projectserum.com. We are always happy to answer your questions and will do our best to help you!
Happy Holidays!
happy holidays!
