Building an open source system that people can use to achieve AMM-like behavior on Serum’s orderbooks. Details here.
A yield farming token that is integrated into an AMM system on Serum. Details here.
Serum needs a borrow/lending protocol. This could be either:
- A home-brewed version
- One of the major Ethereum based protocols (Compound, Aave Aave, etc.) building a mirror on Solana
Furthermore, this can then be composed on top of Serum orderbooks to create margin trading.
It would be fucking awesome to have fully on-chain bridges between Solana and as many other chains as possible. See prospective specs for one here, but there are many other versions!
Assets can be pre-funded across the bridge and allow users to avoid waiting for cross-chain synchronization for a fee. For example, a user could deposit X eth into the bridge as collateral, and be able to withdraw any pre-funded assets up to some limit.
An on-chain oracle that takes prices from Serum markets, does sophisticated risk and sanity checks on them, and creates a clean price feed that other projects working on Serum can use. Furthermore, once there are on-chain cross-chain bridges, those can be combined with this to create a fully on-chain cross-chain pricing oracle.
Generate a tradable RFQ from the Serum order book. The generated quote can be valid for a limited time and backed by an insurance pool. It would have a size attached, and potentially be larger and wider than would be typical for orderbook trading.
An on-chain method of wrapping an ERC20 token into an SPL token and vice versa.
Building out support for tokenized synthetic assets on Serum.
Building out markets or tokenized products representing volatility or other nonlinear functions of markets.
Zero Knowledge Liquidation Engine
PoC for ZK liquiditations, where it’s zk to the network, but not zk to the defi platform operators. The engine should be able to use the on chain order book price or funding rate as a witness, and generate a proof that states the contract is now ‘in the money’ or ‘out of the money’ and take an action from there.
Native Metamask Integration
See here for more details
Something like https://www.khanacademy.org/ to teach people how to build projects on Solana and Serum.
A mobile app for Serum that also lets you self-custody on mobile
Badges to represent participation in various aspects of Serum; e.g. liquidity providing, node operating.