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Serai
Serai is a decentralized execution layer whose validators form multisig wallets for various connected networks, offering secure decentralized control of foreign coins to applications built on it.
Serai is exemplified by Serai DEX, an automated-market-maker (AMM) decentralized exchange, allowing swapping Bitcoin, Ether, DAI, and Monero. It is the premier application of Serai.
Substrate
Serai is based on Substrate, a blockchain framework offering a robust infrastructure.