Mercurial launches Swap integration with Serum
The highlight of the week was the launch of Solana’s first on-chain cross-protocol swap integration with Serum. One of the questions that we got asked, is what people can do with their PAI and wUST. Now, you can swap them with any tokens that have trading pairs on Serum through USDC.
Strategic partnership with Serum
We also announced our strategic partnership with Serum. The integration of Serum into our stable swap is the first of many we will do with Serum to improve the utilization and yield of stables. https://twitter.com/MercurialFi/status/1428018377528729610?s=20
Port Finance accepts $MER as collateral
Port Finance, officially supports $MER as one of their collaterals on their money market, at the time of writing, you can earn a 3.61% deposit APY with $MER. To deposit $MER, go here: https://mainnet.port.finance/#/.
Education campaign with Port Finance
We launched an education campaign with Port. You can learn more about Port Finance here
NFT drop for PAI 3-Pool LPs
We are issuing a cool NFT with Parrot for all our PAI 3-Pool liquidity providers. You will need to hold at least 500 $MER in your wallets to be eligible for the NFT. Read the announcement here.
Better integration with Solscan
You can now see our instructions more accurately on Solscan, it won’t be showing up as unknown instructions anymore.
Community Highlights
- Axis_Ben wrote a really good guide on how to optimize rewards from Mercurial: https://twitter.com/AxBen8/status/1428650561063239682?s=20
- THORchain.BULL wrote about how Mercurial can be the next stable coin DEX: https://twitter.com/THORmaximalist/status/1428849991804653569?s=20
- DefiantNews posted a YouTube video on how to provide liquidity to Mercurial: https://www.youtube.com/watch?v=fqaQQsSHjxw
- Everse Capital announced their investment into Mercurial: https://twitter.com/EverseCapital/status/1428227607909240832?s=20
- Variant Research posted a pretty thorough research on Mercurial: https://twitter.com/ResearchVariant/status/1428081676878454787?s=20
