Serum—one of the world’s actively used DEX on the Solana blockchain preferred because of its low transaction costs and speed–concurrently burned and dropped to stakers a combined $1.3 million of SRM, an update on May 3 reads. Serum DEX Burns Specifically, the DEX destroyed 84,538 SRM—or $1.03 million—, dropping 21,134 SRM—or $257k—to stakers. In total,
Serum “Burns” $1 Million of Tokens, SRM at New 2021 Highs above $12 [btcmanager]
