Presentation #5 on SEI ๐ด๐จ
What is Pallet Exchange? ๐ผ๏ธ๐
@Pallet_Exchange is the hub for digital culture, community and ownership on Sei. ๐ด๐จ
It is a decentralized NFT marketplace and the leading marketplace ecosystem, built by and for all types of traders. ๐ฐ
We hinted, you noticed! Now it's official. DragonSwap's TGE is set for June! ๐ฅ
The ticker? $DRG. But that's not the full story. A rewards campaign is on the way! Earn xDRG by engaging with DragonSwap.
If you're new here, this is your way in. Already one of the legends? Time to strengthen your position!
For the full TGE and tokenomics breakdown, check out our Medium post. The link is in the thread ๐ฝ
wyoming gave SEI a perfect 30/30 blockchain evaluation score
beat ethereum (26), base (25), sui (26)
circle's IPO filing shows SEI as their largest token holding. not eth. not sol. SEI.
canary filed for first SEI ETF end of april. up 65% this week
gaming owns 1/3 of web3 gaming market share. #2 EVM by transaction count. 0.47x liquidity ratio crushes most majors
TVL approaching $1B
@SeiNetwork
Sei Network has been selected by the Wyoming Stable Token Commission as a candidate blockchain for WYST ๐บ๐ธ
WYST is the first fiat-backed stablecoin issued by a U.S State and will be deployed using @LayerZero_Core.
The updated candidate list is publicly accessible on The Commission's page below ๐
๐ฅ $SEI (SEI) sโenvole de 47 % aprรจs avoir รฉtรฉ retenu par le Wyoming pour hรฉberger son stablecoin รฉtatique, le WYST.
Lโactivitรฉ sur la BLOCKCHAIN #SEI explose, avec +180 % dโadresses actives et une TVL dรฉpassant les 540 millions de dollars.
https://t.co/bRuAL9uSOI
๐ How to spend crypto anywhere, without KYC
๐ณ Use an Apple Pay-compatible card linked to a USDT wallet (Tron network).
๐ Managed anonymously via Telegram.
Details โฌ๏ธ
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HAPPY 1-YEAR ANNIVERSARY
YEAR IN REVIEW AND BEYOND
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At the time of this writing, the market just went through one of the biggest pullbacks in a while. We know, overall optimism isn't all the best right now. You're probably getting honked at during a greenlight in your car as you're absorbed in your phone hoping for your portfolio to bounce.
But us? We're not waiting around. We're doing stuff.
As we mark the one-year anniversary of SEIYAN, it's incredible to reflect on how a simple joke aimed at renaming the Sei community from "Seilors" to "Seiyans" evolved into one of the strongest communities on the Sei Network. Letโs take a look back:
1. BIRTH: During the initial rising interest in Sei Network, $SEIYAN was bornโbut not without challenges. Contract snipers dominated the launch, resulting in a dramatic rise and subsequent collapse of the token on the same day. Despite these setbacks, dedicated volunteers in Discord joined the SEIYAN team, demonstrating the truly organic nature of this community-driven project.
2. ASCENSION: Despite the rocky start, SEIYAN began its upward journey. Over the next several months, SEIYAN drove significant trading volume, at times exceeding the combined volume of all Cosmos tokens on-chain. During this period, SEIYAN delivered vital tools for the Sei v1 CosmWasm environment, including an airdropper tool, token minter, Discord token gater, Discord tip bot, Telegram trading bot, and more.
3. ACCUMULATION: After the initial excitement, SEIYAN, along with the broader market, entered a prolonged downturn. Sei v2 came and went with little fanfare, but this period tempered SEIYAN through challenges. While some community and team members left, those who remained proved to be the strongest believersโtrue "diamond hands." This necessary phase allowed us to discover our gems.
4. REDEMPTION: SEIYAN maintained its position as the largest non-stablecoin token (excluding $SEI) by market cap, liquidity, and volume. This influence allowed us to unify the ecosystem, gathering other memecoins to launch the Seiyan Superfrens Memecoin Madness. This initiative revitalized interest in memecoins and trading, solidifying SEIYAN's role as a leader and orchestrator of the Sei Network's memecoin ecosystem.
5. EXPANSION: Our mission continues to evolve SEIYAN into more than just a meme-based community. Last month, we introduced SEIYAN governance, enabling staked SEIYAN to vote on proposals that improve the community and fund initiatives through a community-driven treasury. This step further cements SEIYANโs leadership within the Sei ecosystem.
MOVING FORWARD
Our goal is to scale SEIYAN by enhancing the value of community governance and providing rewards for SEIYAN governance stakers. Increasing the value of staked SEIYAN generates more revenue for the treasury, which can then fund initiatives that further benefit stakers. These initiatives include:
1. Building tools, protocols, and campaigns to strengthen the Sei ecosystem.
2. Influencing developments through SEIYAN governance.
3. Boosting SEIYANโs interest towards volume and trading revenue to grow the core and governance treasury.
4. Using the treasury to enhance SEIYAN governance and reward both voting and staking participants.
PLANS FOR THE CORE SEIYAN TREASURY
1. Treasury Assistance Council: We are dedicating $100,000 to a special fund for initiating buybacks or replenishing the governance treasury (currently holding 50k SEI). "Super Seiyan IV" role holders on Discord (https://t.co/fcQiPkNbxi) will serve as an advisory council, helping to recommend when and how this fund should be deployed.
2. xSEIYAN Yield Farms: $160,000 is currently allocated to yield farming strategies on Sei, including recursion yield arbitrage and delta-neutral hedging, generating an impressive 135% APR. To simplify DeFi participation for our community, we will introduce seasonal yield pools funded by these strategies. Participation caps will ensure high yields, with priority given to active governance participants.
We have a range of additional products in development to fulfill our mission of becoming the cultural onboarding brand for the Sei Network. By leveraging our influence, we aim to continue shaping the Sei ecosystem and look forward to an exciting 2025.
Everything will be alright. We're still here, we're still building, we're still memeing.
This weekend, I created a tool to check your @eigencloud S2 allocation across all the different protocols
It's totally free, you don't have to connect anything, and it can save you a lot of time
Just use it here ๐
https://t.co/0lgKkdJfEI
Join the Game of MITO pre-registration today to get exclusive rewards! Participate in the testnet to get $tMITO and boost your $MITO allocation when the mainnet goes live. link : https://t.co/GEoFVuIR5K
Join the Game of MITO pre-registration today to get exclusive rewards! Participate in the testnet to get $tMITO and boost your $MITO allocation when the mainnet goes live. link : https://t.co/GEoFVuIR5K
1/ Weโre excited to announce the EIGEN Season 2 Stakedrop in preparation for unlock!
Season 2 will recognize key contributors and participants across the ecosystem:
โ๏ธ Stakers & Operators
โ๏ธ Ecosystem Partners
โ๏ธ Community
Claims go live on or before September 17, 2024.
More details ๐งต
GM Voyagers๐ฑ
We've made great progress, and hereโs what's new๐ฝ
๐ดโโ ๏ธ๐๐๐ข๐ง๐ง๐๐ญ ๐๐๐ฆ๐ฉ๐๐ข๐ ๐ง
โบThe first phase is complete! Thanks to everyone who joined.
๐ดโโ ๏ธ๐๐๐ ๐๐ฉ๐๐๐ญ๐
โบLaunchpad is ready! IDO is planned for ๐๐๐ฉ๐ญ๐๐ฆ๐๐๐ซ. Yaka Voyagers holders (snapshot 3 days before IDO) and ๐๐ก๐ ๐๐ซ๐๐๐ญ ๐๐จ๐ฒ๐๐ ๐ participants will get whitelist spots. More details coming soon! ๐
๐ดโโ ๏ธ๐๐ซ๐จ๐ ๐ซ๐๐ฌ๐ฌ ๐๐ฉ๐๐๐ญ๐
โบSecured a grant from the ๐๐๐ข ๐ ๐จ๐ฎ๐ง๏ฟฝ๏ฟฝ๐๐ญ๐ข๐จ๐ง to power the ๐ฏ๐(๐,๐) ๐๐ฅ๐ฒ๐ฐ๐ก๐๐๐ฅ post-mainnet. ๐๐จ๐ง๐๐๐ง๐ญ๐ซ๐๐ญ๐๐ ๐ฅ๐ข๐ช๐ฎ๐ข๐๐ข๐ญ๐ฒ and ๐๐ ๐ ๐ฌ๐ญ๐๐ค๐ข๐ง๐ are also in the works for after TGE.
Stay tuned for more! ๐ด๐ฑ๐ข