SRM – Potential Crypto Evaluation

What is SRM?

SRM token is the utility token of Serum. It plays a role in maintaining security as well as creating economic incentives for network participants. SRM was originally developed on the ERC-20 token platform. Currently SRM is being developed on the platform of Solana.

In the project’s ecosystem, SRM tokens are used for the following main purposes:

  • Governance: People Owners of SRM tokens have the right to vote on project development decisions.
  • Staking Reward: The participating nodes are responsible for supporting the processing of transactions on the cross-chain. The condition to participate in staking is to own at least 10,000,000 SRM tokens.
  • Fees: SRM is used to pay for cross-chain transaction fees. Transaction fees will be burned in the future.
  • Holding SRM will get 1-50% off the fees on the Serum.
  • Hold 1 MSRM (1 MSRM = 1,000,000 SRM) to get 60% off the fees on the Serum.

Today’s SRM Basics

What is serum?

Serum is said to be a pure form of DeFi built on Solana’s blockchain, and will have only a limited order book that is completely trustless, making the exchange highly scalable, cheap, and fast.

Serum is completely decentralized right from the core protocol. The exchange runs on a non-custodial exchange with cross-chain trading support and no identity verification required. As a result, users will have a user interface experience that is relatively similar to current centralized exchanges.

Why Serum was born?

Currently, DeFi is rapidly evolving to create a superior financial system that overcomes the limitations of traditional finance. However, DeFi still has many problems to solve that prevent it from reaching its full potential. According to Serum, the remaining problems are:

DeFi platforms were born with the aim of creating a decentralized finance, but most current projects need a centralized oracle to provide data.

Different DeFi platforms, using different protocols or blockchains make cross-chain transactions very difficult.

Stablecoins are always fixed with a price of 1 USD. However they depend on the bank issuing those stablecoins. If the issuing bank closes, who will sponsor and guarantee the value of stablecoins?

Currently, the DeFi market uses an Automated Market Making (AMM) system. This system allows users to trade without placing orders, everything happens automatically. However, this also has its downside. If the market is volatile, users need limit-orders to protect their assets.

  • Speed ​​and usability

There is an inherent disadvantage of DeFi that when the system has more users, the network fee will be very expensive, the transaction speed will be much slower when compared to the CEX exchange.

What is Serum Solution?

To solve those problems, Serum will be a fully functional decentralized exchange with cross-chain transactions with the same speed and appropriate fees. Although developed on Solana, it will be able to interoperate with the Ethereum blockchain. The serum is made up of seven key ingredients that help it tackle what DeFi has left behind:

Solution of SRM
Solution of SRM
  • SRM token: will be fully integrated into the Serum, as a utility token. When you own SRM tokens, you will receive a reduced transaction fee. Along with that, SRM will be periodically redeemed and destroyed.
  • Cross-Chain Swaps: this function allows to exchange assets between chains securely without intermediaries.
  • Orderbook: Serum will provide limit Orderbook. Thereby traders are in complete control of their orders. Orderbook and order matching are fully automated on-chain.
  • A complete combination of Ethereum and Solana: Make the interaction with the Ethereum ecosystem, ERC-20 tokens and Solana on Serum fast and efficient.
  • Stablecoins: Serum launches new stablecoin models: SerumBTC and SerumUSDa, tokenized products completely independent of any bank.


Roadmap SRM
Roadmap SRM

Learn more about SRM’s whitepaper here.

Serum development team

The Serum project is developed and managed by the Serum Foundation, which is a group of experts in cryptocurrency, trading and decentralized finance.

In addition, it can also be considered that the Serum DEX floor is a product launched by FTX exchange, a derivative exchange – cryptocurrency trading. Along with that is a list of advisors for the project who are all experienced in blockchain technology development. Notable names on the list of advisors include:

  • Robert Leshner – Founder, Compound
  • Calvin Liu – Chief Strategy Officer, Compound
  • Sam Bankman-Fried – CEO, FTX and Alameda Research
  • Sebastian Conybeare – Software engineer, Alameda Research
  • Gary Wang – CTO, FTX
  • Dragon King – Founder and CEO, TomoChain
  • Dan Friedberg – Fenwick & West
  • Clement Ip – Partner, Genesis Block
  • Dan Matuszewski – Director and Co-Founder, CMS
  • Shane Molidor – Business Development Manager at BitMax
  • Santiago Roel Santos – Partner, ParaFi

With a strong team of advisors and an experienced development team, we hope that the official launch date of Serum DEX will not be far away.


SRM . Partner
SRM . Partner

Not only has a strong team of advisors, the list of Serum partners are also famous names and have confirmed their position in the crypto space such as: FTX exchange, Solana exchange, BitMax exchange, Coingecko, …

Token Allocation

Token SRM Allocation
Token SRM Allocation

With a fixed total supply of 10 billion tokens, SRM is distributed by the development team into 5 parts with the following ratio:

  • 2.7 billion tokens are reserved for partners and collaborators fund.
  • 2.7 billion tokens are used to incentivize the ecosystem.
  • 2.3 billion tokens distributed to individuals contributing to the project.
  • 2 billion tokens are held by the team and advisors.
  • The remaining 0.3 billion tokens are used for Sale and Auction.

Token Sale SRM

There are 400 MSRM (1MSRM = 1 million SRM) sold in the seed round, details are as follows:

Token Sale SRM
Token Sale SRM

Token Release Schedule

Token Release Schedule
Token Release Schedule

The initial amount of tokens unlocked is 175 million tokens (50 million in circulation, 125 million in storage).

The remaining amount of tokens will be locked in the first year and gradually unlocked over the next 6 years starting from August 2021.

SRM . Ecosystem

  • AMM Bots using Pools: Build an open source system that anyone can use to achieve AMM-like behavior on Serums.
  • Messaging app: Build an instant messaging app on Solana
  • Oracle Serum: An on-chain oracle that takes prices from Serum marketplaces, checks risk and legitimacy against them, and generates a clean price feed that other projects working on Serums can use.
  • SPL Name Service: Create a table where miners can submit names for their tokens. Also create a control panel for naming management.
  • Native Metamask integration: Integrate SRM, SOL, SLP tokens on Metamask platform.
  • App Store: Create a Serum app store that allows anyone to navigate to all popular Serum apps from a single page. This way everyone will be exposed to everything from:, Bonfida, other apps.
  • Cross-Chain Bridges: Cross-chain connection of SRM to other data series.

Some other projects in the future:

  • Other social networking applications.
  • Host Solana validator and RPC server to use Serum
  • SRM App Store or another way to easily collect popular dapps on Solana
  • Add the Serum DEX market using aTokens, cTokens, yTokens,… making the user interface intuitive; to be able to be like other SRM DEXs except open positions are subject to interest.

SRM . Storage Wallet

Since SRM is developed on Solana’s platform, it can be used Solana’s wallet to store SRMs.

  • Note: The article is only for the purpose of providing information about Serum (SRM) at this time and should not be considered investment advice. Investment Cryptocurrency is a form of risky investment, it takes a lot of knowledge and skills to be able to make money from this market. If you are interested in the article please leave a comment below the support team will contact you.

Technical analysis

SRM is currently returning to the support price zone and is creating a sideways price zone that presses a support force for a strong outbreak in the uptrend season of the Crypto market.

Long-term vision

SRM is a token with a good foundation and ecosystem, and with the support of the Solana community, it provides a powerful resource for Serum. In the future, Serum can develop strongly to create a place for itself in the market.

If this article brings useful information, please share it with everyone so they can all know.


What is DAO? The most complete explanation of DAO in Blockchain
What is JustSwap?
Tác giả

Bình luận

Leave a Message

Registration isn't required.

Zum Token Coin News - Tech News - Latest News Blockchain https://xn----btblblsee5bk6ig.xn--p1ai/2022/07/02/pragmatic-play-daftar-situs-judi-slot-online-terpercaya-2022-situs-judi-slot-online-gampang-menang-situs-slot-online-terbaik/ https://xn--80aajajavo3ag2a3c5b.xn--p1ai/2022/07/02/habanero-daftar-10-situs-bocoran-judi-slot-gacor-terbaru-hari-ini-2022-paling-gampang-menang-2/ http://xn--80aajajavo3ag2a3c5b.xn--p1ai/2022/07/03/habanero-daftar-10-situs-bocoran-judi-slot-gacor-terbaru-hari-ini-2022-paling-gampang-menang-3/ https://xn----btblblsee5bk6ig.xn--p1ai/2022/07/03/spadegaming-daftar-situs-judi-slot-online-terpercaya-2022-situs-slot-gacor-bocoran-slot-gacor-hari-ini-3/ http://xn----btbbblceagw8cecbb8bl.xn--p1ai/cq9-slot-deposit-pulsa-10rb-daftar-slot-gampang-menang-terbaru-2021/ http://xn----btbbblceagw8cecbb8bl.xn--p1ai/spadegaming-daftar-situs-judi-slot-online-terpercaya-2022-situs-slot-gacor-bocoran-slot-gacor-hari-ini/ http://xn----btbbblceagw8cecbb8bl.xn--p1ai/spadegaming-daftar-situs-judi-slot-online-terpercaya-2022-situs-slot-gacor-bocoran-slot-gacor-hari-ini-2/