The stablecoin movement

The movement is the people making foreign exchange fair and on-chain, and this page is how it works: what counts as contribution, how it is credited to you, and what it is rewarded with.

Moving money across a border still costs 3 to 7 per cent through correspondent banks, and up to 10 per cent on some remittance corridors. The widest spreads fall on the weakest currencies. Sera settles the exchange on-chain instead, stablecoin to stablecoin, in seconds, for about 0.14 per cent.

Sera is a central limit order book for currency-backed stablecoins, not an automated market maker. More than 40 currency-backed stablecoins sit on one book, and any pair settles directly, with no detour through the US dollar.

XP records contribution and sets your tier and your place on the leaderboard. gSera is accorded for real outcomes: the trades and liquidity you drive, and the people you bring who trade. Lifetime XP never decays; tier requalifies on a trailing 90 day window.