Leading cryptocurrency exchange #Binance continues to list reliable and high-quality projects. Binance will list Sei Network on Launchpool as the 36th project.
Binance Lists Sei Network on Launchpool
Binance Launchpool announced that it will list #Sei Coin, a layer 1 blockchain optimized for the exchange of digital assets. Here is the information about the listing;
Starting 2023-08-02 00:00 (UTC), users will be able to stake their BNB, TUSD, and FDUSD in separate pools to farm SEI tokens for 30 days
Binance will then list SEI at 2023-08-15 12:00 (UTC) and open trading with trading pairs SEI/BTC, SEI/USDT and SEI/BNB.
Sei Launchpool Details:
Token Name: Sei (SEI)
Total Token Supply: 10,000,000,000 SEI
Launchpool Token Rewards: 300,000,000 SEI (3% of total token supply)
Initial Circulating Supply: 1,800,000,000 SEI (18% of total token supply)
Smart Contract Details: Sei Token (SEI)
Staking Conditions: KYC required
Hard Limit Per User Hour:
33,333.33 SEI in BNB pool
6,250 SEI in TUSD pool
2,083.33 SEI in FDUSD pool
Supported Repositories
Stake BNB : 240,000,000 SEI reward (80%)
Stake TUSD: 45,000,000 SEI reward (15%)
FDUSD : 15,000,000 SEI reward (5%) Farming Period: 2023-08-02 00:00 (UTC) â 2023-08-02 23:59 (UTC)
About Sei
Sei is a multi-purpose Layer-1 chain that aims to be the blockchain of choice for increasingly popular decentralized exchanges (DEXs) for DeFi, NFTs, and gaming. It competes with centralized exchanges and outperforms existing DEXs by offering lightning-fast transaction closing of 600ms.