I've been a defi user on @SeiNetwork for a long time, and I am so sick and tired of them talking about "the future of defi".
Bros.
Be NOW in the defi space or be forever left behind.
#GIGAWEN@fuckersforlife tagged always.
An encrypted mempool needs a committee to hold the decryption key and release it. This adds latency and creates an attack target.
Sedna will have no key. It will split each transaction across Sei Giga's proposers, so no one ever holds the whole thing.
We are told to "buy to keep," a mantra of passivity that treats time as a magic elixir for wealth. Yet, the history of the American market suggests that this conventional wisdom is not just flawed—it is a dangerous delusion.
@SeiWizard@SeiNetwork The only swap on SEI that has always performed, regardless of stress, is @FrogOnSei.
I can always buy another 0.01 SEI worth of it, or more, and check in.
Dragonswap, symph, takaralend swap, they all fail when times are getting shaky.
Liquidity is needed.
@SeiWizard@SeiNetwork I wish that was true.
Unfortunately 300 ms finality doesn't mean anything, if the system just doesn't work when it's under stress. Needs more liquidity.
I say this as a defi user of SEI, been active for years.
On a per-transaction basis, marginal fee differences are negligible.
For high-volume trading, those differences compound, and fee efficiency becomes a core requirement.
Speed, scale, near-zero fees, and privacy on the way.
Sei is the blockchain for trading.
@SeiWizard You should start giving creds out to og SEI NFT series, and og coins that stuck around (like $FROG @FrogOnSei ).
The devs will listen to you, right?
Challenge of the day:
Find a project that:
Is at least 1.5 years old
Has a strong liquidity-to-market-cap ratio
Outperformed $BTC and $ETH over the last 2 years
Offers incentives up to 15% APR
Has its own swaps, rewards, and liquidity system
Has zero tax
Has 1B supply fully circulating
Has locked/burned liquidity
Is still actively building
Most projects do not survive long enough to check these boxes.
$FROG did.
Fair. Resilient. Organic. Growth.
Pivot to the pond.
Ribbit 🐸