Within Nova, the following protocols are used to facilitate on-chain activity within Nova's protocol:
- Serum Serum is an on-chain liquidity protocol on Solana. It maintains pools of liquidity for many Solana based assets and trading pairs. Nova utilizes Serum to execute conversions required to create a portfolio's correct allocation or to execute on rebalancing activities as defined by Nova's Strategies When using Serum through Nova, standard Serum fees apply.
- Saber Saber is a stable-swap AMM platform which provides liquidity across assets that maintain similar pegs or acts as representatives of a base asset. One of the most common use cases is for allowing easy conversion between stablecoin pairs but there are many other types of assets available within Saber. Nova utilizes Saber to produce yield generation on assets deposited into Nova that are supported within Saber. Nova captures a range of fees and incentive tokens, often issued as SBR governance token.