“Serum is the plumbing and infrastructure for financial projects building on the Solana ecosystem” Serum's CLOB allows projects to send their bids/offers in to utilize serum’s liquidity which in return helps Solana eco.
It might not make sense to non-crypto ppl, hear me out here
Think of Solana as McDonald corp. and Serum as the its system/resource to open a McDonald. To open a store, you will need to follow standard, but you will get a lot of resource from McDonald's network. Serum creates Central Limit Order Book(CLOB) for projects to utilize liquidity
You will be able to buy a McFlurry at a McDonald that’s newly opened or a McDonald that’s been there for 50 yrs. The owner of the new McDonald doesn’t need to find an ice cream machine and come up with McFlurry recipe, McDonald will have the system/recipe for them to make one.
Project that integrates Serum will be able to share the pools of liquidity instead of trying to come up with a pool on their own. Serum can accelerate project with onboarding Solana ecosystem and allow project to focus on other functions to bring the best experience for DeFi user
Serum is like the novice package you can get and use when you enter the game of Solana. It will provide you with a lot of general function to start your adventure. You can use it as it is or refine it and build something on top to better serve your need.
Solana and Serum are growing in a rapid pace. Serum utilize Solana’s advantage (speed, fee) to provide the basic infrastructure for project to build on. Solana can count on Serum to become so convenient that it attracts developer to start building on Solana. They go hand in hand.
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