Try Quests to earn SEIFuzio on SEI
Sei is an L1 chain built with one purpose: to become the chain for new decentralized exchanges (DEXs) across DeFi, NFTs and gaming. It is built with the Cosmos SDK, allowing it to be sector-specific and focused on trading. However, unlike the app-specific blockchains (like dYdX or Osmosis) of the Cosmos ecosystem that build a blockchain for only one application, Sei is a blockchain for many applications that are all within a sector — DEX applications. It aims to achieve its ambitious goals with improvements in three main areas: performance, security, and interoperability.
Sei promises lightning-fast transaction finality of 600ms. This would put Sei on par or competing with centralized exchanges (CEXs) in terms of executing orders, and better than current DEXs in the market. The fast throughput of the blockchain is also vital to its native order matching engine model that is to replace the traditional AMM trading model.
Sei is also partnering with several protocols to maximize interoperability. For example, it announced a partnership with Axelar, a cross-chain infrastructure provider that will improve bridging, communication with other protocols, and capital movement to and from other blockchains.
Fuzio Network is a groundbreaking platform that brings together the worlds of Decentralized Finance (DeFi) and Non-Fungible Tokens (NFTs) to create new opportunities in the digital economy. By seamlessly integrating DeFi protocols with NFT capabilities, Fuzio Network offers a unique ecosystem for users to explore and leverage the benefits of both DeFi and NFTs.
The platform empowers NFT owners by providing liquidity options. Users can stake their NFTs and earn rewards, unlocking the value of their assets. This feature enhances the utility of NFTs and creates a vibrant economy around them.
Fuzio Network also offers advanced DeFi capabilities. Users can create and trade sophisticated financial instruments, customizing them to suit their individual needs and preferences. The platform provides a wide range of DeFi tools, including lending, borrowing, yield farming, and liquidity pools, allowing users to maximize their returns and effectively manage their assets.
Tracked Fuzio activities by using the sei.core.dim_labels table and specificing the label as fuzio, then got the address of Fuzio joined to the sei.core.fact_msg_attributes to find out the USD volume of tokens that they swapped on Fuzio.
In addition, we used the ethereum.core.fact_hourly_token_prices and osmosis.core.ez_prices tables for calculating the amount of tokens in USD. However, the price of SEI tokens, for which there is no table for the price in USD of this token, is $0.13, multiplied by the average price of this token.
Also shared this dashboard on Twitter (X) in here.