Altcoins News

Story: Serum (SRM) Funding Projects Building on Serum Coordinated By Ecoserum

By Maheen Hernandez

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Serum (SRM) Funding Through EcoSerum

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Serum (SRM) is the world's first completely decentralized derivatives exchange with trustless cross-chain trading. EcoSerum supports projects built on Serum.

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Project Serum brings trustless trading in collaboration with a consortium of crypto trading and DeFi experts. It is built on Solana.

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Swipe recently expressed that Serum $SRM is now available on the SwipeWallet App and Card. It is possible to buy and sell with linked banks and cards; Spend to fiat using the…

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Those who build on Serum will be getting funding and also bounties. There is a getting involved page which provides more details.

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The project ideas for Serum is already listed.  Some of them are about the AMM Bot, Dumplings, Borrow/lending, Sushi Swap, cross-chain bridges, cross-chain lending, serum…

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Those who are looking to build new projects on Serum will be able to coordinate with EcoSerum based on the applicable terms.

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The nodes recently voted in favor of creating an initiative to fund projects building on Serum coordinated by EcoSerum, one of Project Serum’s nodes.

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Sydney Ifergan, the crypto expert tweeted:  “Serum (SRM) are doing a good job.  Whether about me or anyone else, we well know nothing moves without money or funds.

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EcoSerum will provide grants for promising proposals. The funding will be from 2% of all the Serum fees.

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The MSRM tokens is fully locked until 2021-08-01 and further unlocks linearly over the subsequent 6 years.

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Promising projects will be eligible for grants ranging from 1,000 and 20,000 unlocked SRM tokens to pre-launch with a further grant of SRM upon project launch.

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EcoSerum will decide on the second grant size post-launch based on how the project gets executed, which can be ranging from 5,000 SRM to 100,000 SRM, locked for 1-7 years.

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The Serum Academy has exhaustive details about project ideas, the serum ecosystem and a range of essential details in this regard.

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