Difference between revisions of "Serum"

5 bytes removed ,  18:58, 21 April 2022
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(Just filled up the empty Serum page)
 
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Serum charges fees on trades that use its order book. Other applications (eg. Raydium) may charge their own fees in addition to the fees Serum charges. All fees go to the benefit of SRM.
Serum charges fees on trades that use its order book. Other applications (eg. Raydium) may charge their own fees in addition to the fees Serum charges. All fees go to the benefit of SRM.


==== Fees in the Serum ecosystem work currently as follows: ====
'''Fees in the Serum ecosystem work currently as follows:'''
 
* 20% of net fees go to the project or GUI hosting the activity
* 20% of net fees go to the project or GUI hosting the activity
* 80% of fees go to buy and burn of SRM
* 80% of fees go to buy and burn of SRM
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