If there’s a relaunch of
@ProjectSerum
, scrap $SRM and the low float Sam-trick, focus on incentivizing true community ownership.
Will be a good precedent for
@solana
DeFi, at an important time.
Serum is a special project. It inspired many of us to start building on Solana. It’s the central order book for liquidity providers to backstop liquidations of all major lending protocols on Solana. (5)
5
12
205
56
76
554
Replies
@cburniske
@ProjectSerum
@solana
No better time to fix some of the main criticisms of the ecosystem than now
1
2
35
1
0
6
3
1
43
@cburniske
@Forculus
@ProjectSerum
@solana
What a slippery slope. Should we press restart on all projects with predatory tokenomics after VCs milked every last dollar they could out of the ecosystem? This will surely end well for investors😩
1
1
18
@cburniske
@ProjectSerum
@solana
Does it use the same liquidation model, as this is likely what bricked a good chunk of alameda
1
0
0
0
0
6
@cburniske
@ProjectSerum
@solana
There’s a bunch of SRM investors with their SRM stuck on FTX which is meant to be staked for them. Unfair to those investors.
1
0
0
@cburniske
@ProjectSerum
@solana
Was a good conversation earlier on the space. You guys should publish some resources to educate retail on the difference btwn protocols and companies, governance models, etc.
1
0
2
2
2
21
0
0
2
@cburniske
@rajgokal
@ProjectSerum
@solana
it's selfish of me but, even if SRM is nixed, i hope some sort of middle ground can be found for those of us who bought into serum and its vision and are not punished for sam/alameda's sins. but, if there is no recourse and this is better for the long term, i can live with it too
0
0
1