Binance, one of the leading cryptocurrency exchanges, is thrilled to introduce the 36th project on its Launchpool: Sei (SEI). This groundbreaking layer 1 blockchain is specifically designed for seamless digital asset exchange. Whether you’re a seasoned trader or a crypto enthusiast, Sei promises to revolutionize the way we interact with digital assets.
Key Features of Sei (SEI)
- Efficient Digital Asset Exchange: Sei is optimized for lightning-fast transactions and efficient asset swaps. Its layer 1 architecture ensures minimal latency, making it an ideal platform for traders.
- Staking and Farming: Starting from August 2, 2023, users can stake BNB, TUSD, and FDUSD in dedicated pools to farm SEI tokens. The staking period lasts for 30 days, during which participants can earn SEI rewards.
- Listing Date: Mark your calendars! Sei (SEI) is set to be listed on Binance on August 15, 2023, at 15:00 UTC. Trading pairs will include SEI/BTC, SEI/USDT, and SEI/BNB.
How to Participate
- Stake Your Assets: Head over to the Binance Launchpool webpage and stake your BNB, TUSD, or FDUSD. The more you stake, the more SEI tokens you’ll earn.
- Farm SEI: During the 30-day staking period, watch your SEI balance grow as you actively participate in the Sei ecosystem.
- Get Ready for Trading: Once Sei (SEI) is officially listed, seize the opportunity to trade SEI against popular cryptocurrencies.
Sei Launchpool Details:
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Token Name: Sei (SEI)
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Total Token Supply: 10,000,000,000 SEI
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Launchpool Token Rewards: 300,000,000 SEI (3% of total token supply)
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Initial Circulating Supply: 1,800,000,000 SEI (18% of the total token supply)
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Smart Contract Details: Sei Token (SEI)
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Staking Terms: KYC required
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Hourly Hard Cap per User:
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33,333.33 SEI in BNB pool
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6,250 SEI in TUSD pool
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2,083.33 SEI in FDUSD pool
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Supported Pools:
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Stake BNB : 240,000,000 SEI in rewards (80%)
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Stake TUSD : 45,000,000 SEI in rewards (15%)
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Stake FDUSD : 15,000,000 SEI in rewards (5%)
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Farming Period: 2023-08-02 00:00 (UTC) to 2023-08-31 23:59 (UTC).
SEI Farming Distribution
Read about Sei (SEI) in our research report here, which will be available within 30 minutes of publishing this announcement.
Important Links
Website: https://www.sei.io/
Whitepaper: https://github.com/sei-protocol/sei-chain/blob/master/whitepaper/Sei_Whitepaper.pdf
Twitter: https://twitter.com/SeiNetwork
Discord: https://discord.gg/sei
Blog: https://blog.sei.io/