Serum is a decentralized exchange (DEX) and ecosystem that delivers decentralized finance exceptional speed and minimal transaction fees.
FTX and Solana, a low-cost, interoperable blockchain with smart contracts, collaborated on the project. Users may save money on protocol costs and voting rights by using the SRM utility and governance token.
A MSRM is made up of 1 million SRM, which is the amount required to operate a staking node, which helps decentralize the network and aids with transaction settlement validation.
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