What is Sei Network?

Sei is a Layer 1 Proof-of-Stake blockchain that is optimized for trading and exchanges. The network aims to solve scalability and performance issues that may be holding back decentralized exchanges (DEXs) on general-purpose blockchains.

What Problem does Sei Solve?

Most decentralized exchanges today are built on general-purpose blockchains, which lack the scalability and the performance needed for a high-quality trading experience.

Issues with general-purpose blockchains include:

Slow finality and block times
Low transactions per second
Front-running and MEV vulnerabilities
High costs for frequent traders

Network Tokenomics

The native token of the Sei ecosystem is SEI. It has utility purposes including:

Paying transaction fees on the Sei blockchain
Used for on-chain governance of the protocol
Staking to help secure the network and earn rewards

SEI token staking specifics:

Via Figment

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