Sei (SEI) on Binance Launchpool: Empowering Crypto Investors!

Key Points:

• Binance Launchpool introduces Sei (SEI) as its 36th project on Launchpool, a layer 1 blockchain for seamless digital asset exchange.
• Users can farm SEI tokens over 30 days by staking BNB, TUSD, and FDUSD, with farming starting from 2023-08-02.
• Sei (SEI) listing on Binance is set for 2023-08-15, with trading pairs SEI/BTC, SEI/USDT, and SEI/BNB.

Binance is thrilled to introduce Sei (SEI) as the 36th project on Binance Launchpool.

Sei is a groundbreaking layer 1 blockchain designed for seamless digital asset exchange. The webpage for staking will go live in 5 hours, allowing users to farm SEI tokens for 30 days by staking BNB, TUSD, and FDUSD. The farming period will commence on August 2, 2023, at 00:00 (UTC).

SEI emerges as a prominent player in the crypto landscape, offering an optimized platform for exchanging digital assets in a secure and efficient manner. Binance’s decision to include Sei on its Launchpool underscores the exchange’s commitment to promoting innovative blockchain projects with high growth potential.

The staking process for SEI tokens will provide users with an exciting opportunity to earn rewards over a 30-day period. By staking BNB, TUSD, or FDUSD tokens, participants can tap into the lucrative potential of yield farming and enhance their crypto portfolios. The farming rewards, totaling 300,000,000 SEI (3% of the total token supply), are distributed across the three supported pools.

SEI token supply is set at 10,000,000,000 SEI, with an initial circulating supply of 1,800,000,000 SEI (18% of the total token supply). The listing of SEI is scheduled for August 15, 2023, at 12:00 (UTC), where trading pairs SEI/BTC, SEI/USDT, and SEI/BNB will be available. The Seed Tag will be applied to SEI, bringing further value and recognition to the token.

To participate in the Sei Launchpool, users are required to complete KYC (Know Your Customer) verification. Additionally, there are hourly hard caps per user to ensure a fair distribution of rewards:

• Stake BNB: 33,333.33 SEI
• Stake TUSD: 6,250 SEI
• Stake FDUSD: 2,083.33 SEI

The supported pools for staking offer generous rewards:

• Stake BNB: 240,000,000 SEI in rewards (80% of total Launchpool token rewards)
• Stake TUSD: 45,000,000 SEI in rewards (15% of total Launchpool token rewards)
• Stake FDUSD: 15,000,000 SEI in rewards (5% of total Launchpool token rewards)

The farming period will commence on August 2, 2023, at 00:00 (UTC) and will run until August 31, 2023, at 23:59 (UTC), providing ample time for users to participate in the staking process and earn SEI tokens.

Sei on Binance Launchpool represents a promising opportunity for crypto enthusiasts to delve into yield farming, contribute to the platform’s liquidity, and become part of the growing Sei community. As the webpage goes live in 5 hours, users are encouraged to seize this opportunity and explore the potential rewards offered by staking BNB, TUSD, and FDUSD on the Binance Launchpool.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.