Review on Serum by Solangel Toro
Serum.
Serum is a decentralized and non-custodial DEX exchange platform where it will allow cross-chain trading where the platform is already functional but has not yet been launched, the Serum has three tokens to which a Serum BTC wrapped utility token, which is priced linked to its underlying asset is a stablecoin, SerumUSD, which is an ERC20 traceable token, which allows physically established cross-chain contracts and a governance token where it provides commercial discounts on Serum, and which is consumed with the income obtained from transactions in the network, Serum aims to give anyone who owns 500 or more FTT tokens will be eligible for regular airdrops, Serum is also available to operate on DeFi protocols such as Uniswap, BitMax, HBTC, Balancer, TomoDEX, 1Inch, and FTX.
Pros
- It gives its users an experience similar to that of a centralized exchange.
Cons
- It is not highly reliable since users are not provided with security when entering the platform.
