3) You can create AMM pools for any pair of SPL tokens; trade against the pools; add liquidity; etc.
1 second settlement, $0.00002 gas!
1 second settlement, $0.00002 gas!
4) Over the next month, 1m SRM tokens will be dropped as yield between 10 different SRM AMM pools:
SRM/BTC
SRM/ETH
SRM/USDT
SRM/USDC
SRM/SOL
SRM/YFI
SRM/LINK
SRM/SUSHI
SRM/FTT
SRM/FRONT
The SRM will be added into the pools at 20 random times until 2020-11-25.
SRM/BTC
SRM/ETH
SRM/USDT
SRM/USDC
SRM/SOL
SRM/YFI
SRM/LINK
SRM/SUSHI
SRM/FTT
SRM/FRONT
The SRM will be added into the pools at 20 random times until 2020-11-25.
5) 30bp fees to trade against the pool
25bp rebate to LPs
4bps --> SRM buy/burn
1bp --> GUI host
25bp rebate to LPs
4bps --> SRM buy/burn
1bp --> GUI host
6) You can host Serum AMMs to collect 1bp on all trades done through your GUI!
More details here: serum-academy.com/en/serum-swap/
More details here: serum-academy.com/en/serum-swap/
7) Still some UI cleanups to do, sorry about that!
Generalized Pools are coming in the next week, too.
And remember -- providing in AMMs can incur IL. Do so at your own risk.
Generalized Pools are coming in the next week, too.
And remember -- providing in AMMs can incur IL. Do so at your own risk.
8) At current levels, the APY of providing in the pools is Very Large.
1m SRM over a month, roughly $2m TVL.
But, of course, that will change as more size is provided.
1m SRM over a month, roughly $2m TVL.
But, of course, that will change as more size is provided.
9) And -- if any other project wants to drop yield on Swap, the more the merrier!
You can add any ERC20 token -- use sollet.io to create an SPL wrapper, and then add the pool for it at swap.projectserum.com.
Host a GUI for a DIY AMM + yield farm that's fast!
You can add any ERC20 token -- use sollet.io to create an SPL wrapper, and then add the pool for it at swap.projectserum.com.
Host a GUI for a DIY AMM + yield farm that's fast!
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