Sei is a Layer 1 optimized for the exchange of digital assets, a fully open source, general purpose blockchain.The advancements Sei has made to the underlying consensus mechanism and transaction processing enables parallel execution, industry-leading finality, and a smooth user experience for apps built on the Sei blockchain.Sei is designed to address the scalability and user experience problems that stop Web3 apps from growing to mainstream adoption. The exchange of digital assets is a universal function across gaming, social, NFT and DeFi applications.

Announcement Page On Binance Launchpool

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Launchpool on Binance. Details:<ul><li>Token Name: Sei (SEI)</li><li>Total Token Supply: 10,000,000,000 SEI&nbsp;</li><li>Launchpool Token Rewards: 300,000,000 SEI (3% of total token supply)</li><li>Initial Circulating Supply: 1,800,000,000 SEI (18% of the total token supply)</li><li>Staking Terms: KYC required&nbsp;</li></ul>Hourly Hard Cap per User:&nbsp;<ul><li>33,333.33 SEI in BNB pool</li><li>6,250 SEI in TUSD pool</li><li>2,083.33 SEI in FDUSD pool</li></ul>Users will be able to stake their BNB, TUSD and FDUSD into separate pools to farm SEI tokens over 30 days, with farming starting from 2023-08-02 00:00 (UTC).Sei, the first layer 1 blockchain optimized for DeFi, announced a $5 million funding round led by Multicoin Capital with participation from Coinbase Ventures, Delphi Digital, Hudson River Trading, GSR, Hypersphere, Flow Traders, Kronos Research and the founders of Anchorage, Frax, Yield Guild Games, and Tangent. The new capital will be used to support the network as it approaches mainnet launch and further accelerate the growth of over 20 dApps already building in the Sei ecosystem.Sei, a layer-1 blockchain focused on trading, has raised $30 million, Jayendra Jog, co-founder of Sei Labs, exclusively told TechCrunch. A company spokesperson shared an $800 million valuation for the round with TechCrunch prior to publication.

Sei Network is an L1 blockchain with a built-in on-chain orderbook that allows smart contracts access to shared liquidity

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