S E I
Infrastructure Powering Modern Capital Markets
Sei is the fastest orderbook L1 blockchain. It is built using the Cosmos SDK and Tendermint core, and features a built-in central limit orderbook (CLOB) module. Decentralized applications building on Sei can build on top of Sei's CLOB infrastructure, and other Cosmos-based blockchains can leverage Sei's CLOB as a shared liquidity hub and create markets for any asset.
Sei, a layer-1 blockchain designed for trading, has launched a $50 million ecosystem and liquidity fund to support new decentralized finance (DeFi) applications on its platform, its co-founders Jeff Feng and Jay Jog exclusively told TechCrunch.
“Ecosystem-wise, if you think about all of crypto, especially on-chain applications, there’s only a few apps that have gotten actual product market fit,” Feng said. “Everything else is super, super early despite what valuations they have. Solana effectively is like a Series C startup with a huge valuation.”
With many layer-1 blockchains, a lot of things each are doing “is ‘startupy,’ it’s a hacker house — things that don’t scale but are huge for their ecosystem,” Feng said. “The few apps that have gotten product-market fit are like DeFi and stablecoins. We know for sure exchanges are here to stay.”
Long term, the trading-focused blockchain hopes to build better infrastructure for exchanges and as a result, better infrastructure for DeFi over time, Feng said.
“At the end of the day we want to build the right infrastructure that gives developers the advantage.”
Sei Overview:
Sei is positioned well to take advantage of onboarding of RWA through its novel sector specific optimization towards DeFi. X’s design allows for projects to benefit from specific optimization and the network effect of an ecosystem giving the chain distinct advantages over high performance L1’s and app chains.
DeFI Optimizations:
1 Native on-chain order matching
Token Airdrop:
Sei Network has confirmed airdropping 1% of its token supply for the testnet validators and participants. Their testnet is still live, which means users can potentially qualify for the airdrop. In this article, we will explain what Sei Network is and what you can do to position yourself for the $SEI airdrop.
When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period
Sei Network (SEI) Community
Twitter: https://twitter.com/SeiNetwork
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