Serum Newsletter #11
A very warm welcome back to the latest edition of the Serum Newsletter! The holidays are coming and the year is coming to an end — we hope you’re doing well!
Today we have a lot to cover — as mentioned before many new projects are starting to build on Serum and we’re proud of their efforts. In this edition of the Serum Newsletter, we’ll be taking a look at some of the latest developments of these projects as well as our usual stuff.
Pools!
We’ve talked about the latest product on Serum in the previous newsletter — Pools. Pools are in essence are a mechanism for a group of users to take collective action.
Bonfida x Pools
Bonfida has been the first to make something of Pools — starting with a Serum Ecosystem Pool that allows participants to gain exposure to a basket of assets related to the Serum Ecosystem.
The Ecosystem Pool highlights the composability of the Serum space and also allows participants to be the first to own $LQID the native token of Pools! The Ecosystem Pool by Bonfida also serves as a stepping stone toward more innovative ways of utilizing Pools — what if we could use Pools to crowdsource funds for other projects in the Serum Ecosystem?
Bonfida x Pools x MAPs x Oxygen — The VC Pool Series
Yes, that’s a lof of “x”s, but bear with me. It’s just composability — look it up. Introducing the VC Pool series — starting with MAPS and Oxygen
In short, these pools allow participants to purchase $MAPS and $OXY at a 10% discount from IEO price — but to participate, users have to burn $FIDA as these Pools were launched by Bonfida!
Oxygen Alpha
No better way to learn about something than to use it and be a part of it’s growth! Test the Alpha version of Oxygen so we can help them build the best product possible for the Serum ecosystem.
This isn’t the only alpha related to Oxygen too. Check out this Twitter thread to understand why Oxygen has so much potential:
If you have any questions or wish to build in the Serum ecosystem please feel free to reach out to us at contact@projectserum.com. We’re always happy to answer questions or aid in any way we can!
Happy Holidays!