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Serum (SRM)

$ 0.244420000000000000

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Description

What is Serum Crypto Currency? Serum (SRM) is an open-source decentralized cross-chain exchange and liquidity protocol on the Solana blockchain. It is a multi-chain platform that enables the trustless and low cost transfer of digital assets across blockchains. It works on Solana’s fast, gas-free blockchain, allowing for highly efficient and secure transactions. The Serum protocol was first announced in May of 2020 and is the first of its kind. Who Founded It? Serum was founded by a group of experienced developers from across the Solana blockchain community. The leadership team consists of John Doerr, Evan Yah, and Solomon Lederer. Doerr and Yah are co-founders and are responsible for developing the core protocol and building the community. Lederer is the chief architect and oversees the product and technical development. What Makes it Unique? Serum is a unique protocol because it allows decentralized cross-chain asset transfers without the need to trust a third party. It enables token holders to control their own funds and assets without relying on a middleman. Additionally, the protocol is designed to be secure and user-friendly and is compatible with many different blockchains. Where is it Used? The Serum protocol is currently used for decentralized asset transfers on the Solana blockchain. It is also compatible with many other popular blockchains, including Ethereum and Bitcoin. The Serum Market Maker is an automated market maker (AMM) built on top of the Serum protocol. This market maker allows users to easily and quickly trade digital assets without relying on a centralized exchange. Where to Buy/Sell It Serum (SRM) can be purchased and sold on several popular cryptocurrency exchanges, including Binance, Coinbase Pro, and Kraken. It is also possible to purchase SRM directly from the project’s website using USD, EUR, and other major fiat currencies. In conclusion, Serum (SRM) is a unique and revolutionary open-source protocol for trustless and low cost cross-chain asset transfers. It is compatible with many different blockchains, including Ethereum and Bitcoin, and is already in use on the Solana blockchain. Serum (SRM) can be purchased and sold on several popular cryptocurrency exchanges and can also be bought directly from the project’s website.