Sei Community has confirmed airdropping its SEI tokens for the testnet validators and contributors. Season 2 airdrop was accomplished on sixteenth Could 2024 and 44,445 distinctive addresses obtained 34,435,600 SEI! In the meantime, Season 3 is predicted to occur anytime quickly! On this article, we’ll clarify what Sei Community is and what you are able to do to place your self for the $SEI airdrop.
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What’s Sei Community?
Sei Community is a layer-1 blockchain constructed with the Cosmos SDK, and is designed to develop into the popular chain for decentralized exchanges (DEXs) in DeFi, NFTs, and GameFi. The blockchain is optimized to reinforce the performance of exchanges and supply one of the best person expertise for his or her prospects. They obtain this by incorporating a local order matching engine that allows DEXs constructed on the blockchain to be on par with centralized exchanges (CEXs) when it comes to executing orders. In consequence, the top customers can commerce tokens, NFTs, and in-game objects a lot quicker and at minimal price.
Sei Community Ecosystem
In October 2022, Sei Community launched a $50 million Ecosystem and Liquidity Fund to assist the event of recent functions and assist groups bootstrap liquidity going into mainnet launch. The fund was backed by a few of the high enterprise capital corporations similar to Multicoin Capital and Delphi Digital. As of now, there are greater than 50 initiatives constructing on the ecosystem, starting from infrastructure to fiat on/off ramps.
Who’s the Staff behind Sei Community?
Jeffrey Feng and Jayendra Jog are the co-founders of Sei Community, which has a group of expert professionals with earlier work expertise at famend organizations like Airbnb and Goldman Sachs. The group is now elevating Collection A funding at a $400 million token valuation, in accordance with The Block.
Does Sei Community have a Token?
Sure, Sei Community is planning to launch their $SEI token. The SEI token has a number of options on the Sei community together with paying community charges, staking, governance, used as collateral, for tipping validators and buying and selling charges.
3% of the whole SEI token provide will likely be allotted to the primary rewards pool, often called ‘Season 1’. This implies that there’s a good likelihood that there will likely be an airdrop for Season 2!
The way to obtain season 2 $SEI Airdrop?
One of the simplest ways to obtain $SEI airdrop is to work together with the Seinami Incentivized Testnet. Inside the testnet, there are 4 distinctive acts (at present closed) consisting of assorted duties to finish. These duties are designed to emphasize take a look at Sei’s validator usability and safety. Every accomplished process awards factors, which immediately correspond to your $SEI token rewards. As soon as the testnet interval is completed, the token rewards will likely be distributed in accordance with the tallied scores of all validators and contributors. The Seinami Testnet missions to be able to obtain a possible airdrop might be discovered right here. Numerous these require technical expertise, e.g. to attempt hacking into their change, which could show to be troublesome.
Nonetheless, Act 4 had a number of missions which contain rising the Sei ecosystem and simulating real-world buying and selling. These duties are simpler to finish to be able to get a Sei airdrop.
Here’s a step-by-step information on methods to get the Sei testnet airdrop.
Place restrict order on Vortex (lengthy or brief and in any market).
Place market order on Vortex (lengthy or brief in any market).
Place a number of Lengthy/Quick orders in a single transaction (i.e. a bundled order placement) in any market.
Get liquidated on Vortex.
Refer a good friend to enroll in Sei.
Get your good friend to refer one other on Sei.
Notice that for duties 1-4, it isn’t sufficient to simply do the duty. Customers should additionally submit their transaction particulars and pockets tackle to the group for verification. There’s additionally a cap on what number of submissions customers can do in at some point. Test right here for full particulars.
All 4 Seinami Testnet Missions are closed. Nonetheless, you possibly can nonetheless mint Sei Sunken Treasure NFTs till twenty third April 2023. To do that, go to and join your Keplr pockets. Then, do not less than 25 transactions on the Atlantic-2 testnet. Afterwards, ship items to different customers. Lastly, declare your NFT.
If you’re eligible, register 1 .sei area identify.
The way to get the Sei Basis ($SEI) season 3 airdrop
Here’s a information on methods to get the potential Sei Basis ($SEI) season 3 airdrop. Notice that these steps are based mostly on experiences from the Season 2 eligibility standards and are hypothesis solely.
Purchase NFTs from Pallet Trade
Go to Pallet Trade and purchase 3 NFTs. Based mostly on the season 2 airdrop, solely NFTs from the highest 8 collections had been eligible for the airdrop. So, we recommend you solely purchase from the highest NFT collections on Pallet Trade similar to Cappys, Seiyans, Fuckers or WeBump.
Stake $SEI
Stake 100 $SEI on: (1) Silo for iSEI; (2) Krptonite for stSEI; and (3) Sei.
Use DragonSwap
Go to DragonSwap and swap $SEI for another tokens. Then, go to Swimming pools, select a pool and create a place value not less than US$100. We propose making a place within the iSEI/SEI pool as you’ll have some iSEI from step 2 above.
Use Jellyverse
Go to Jellyverse and swap $SEI to different tokens. Then, go to Swimming pools and create a place value not less than US$100. We propose making a place within the fastUSD/USDC pool since it’s extra secure. Nonetheless, you can too select swimming pools which have a excessive APR.
Swap tokens on Yaka Finance
Go to Yaka Finance and swap $SEI to different tokens.
Provide and borrow on Yei Finance
Hook up with Yei Finance and click on “Wrap/Unwrap SEI” on the highest proper hand nook. Swap SEI to WSEI tokens. Then, go to “Markets”, and provide and borrow WSEI.
Purchase memecoins
Go to Dex Screener and discover some Sei memecoins. Purchase round US$20 every of some cash. You possibly can think about shopping for Milli Coin ($MILLI), Chip$ ($CHIPS), Seiyan ($SEIYAN), Shenron ($SHENRN) or Popo the Cat ($POPO).
Airdrop Evaluation
When reviewing an airdrop, there are a number of components to think about. First, the probability the challenge will even do an airdrop within the first place. Then, to take a look at what number of tokens the challenge intends to allocate in the direction of airdrop campaigns, in addition to the issue in collaborating of their airdrop. It’s also vital to take a look at the utility of the token in order that there will likely be an precise use and function in collaborating within the airdrop within the first place. Lastly, an element to think about when reviewing an airdrop is whether or not the airdropped tokens are topic to any lockup interval.
Chance of Airdrop: Sei has confirmed they are going to do an airdrop after the mainnet launch within the coming months.
Airdropped Token Allocation: 3% of the whole $SEI provide will likely be airdropped in season 1.
Airdrop Issue: A few of the Seinami Testnet validator duties are fairly troublesome as they require technical expertise. Strive finishing the simpler participant duties first.
Token Utility: The SEI token has a number of capabilities on the Sei community, together with paying community charges, staking, governance, collateral, tipping validators, and buying and selling charges.
Token Lockup: There is no such thing as a lockup interval for the airdropped tokens.
Regularly requested questions (FAQs)
On sixteenth Could 2024, Sei Basis took the snapshot for its Season 2 airdrop and distributed 34,435,600 SEI to 44,445 distinctive addresses. The airdrop rewarded customers for Sei staking, liquid staking, and gathering NFTs. Listed here are the eligibility standards:Sei stakers: Stake not less than 42 SEI.Liquid staking token holders: Maintain not less than 42 iSEI or stSEI on the time of the snapshot.NFT collectors: Maintain 2 or extra NFTs from Seiyans, WeBump, Dob, Colony, Cappys, Alive1111, Outlines, Yaka.
To be eligible for the airdrop, contributors needed to fulfill these standards on the time the snapshot was taken:For Sei stakers and liquid staking token holders: sixteenth Could 2024 at 00:00 UTC.For NFT collectors: fifth Could 2024 at 00:00 UTC.
For Sei season 2 token airdrop, Sei stakers and liquid staking token holders had been every awarded 1 level, while NFT collectors had been awarded 2 factors. Those that earned 1 level had been airdropped 200 SEI, those that earned 2 factors had been airdropped 3,000 SEI and those who earned 3 or extra factors had been airdropped 6,000 SEI.
Right here’s methods to declare the Sei season 2 airdrop:Go to your Compass, Fin or Keplr pockets, relying on which pockets you used to stake your SEI tokens or collected NFTs.Test your airdrop allocation.
The .sei Title Pre-registration will start on twenty third August 2023 at 8:00am UTC. The general public registration will likely be launched afterward twenty eighth August 2023 at 9:00am UTC.
To be eligible for the .sei identify pre-registration, you will need to:Have beforehand claimed any of those OATs: The Ticket, The Ticket II, The Ticket III, and The Ticket IV.Be a winner of any giveaway hosted by Sei along with their companions.
Every OAT or giveaway win entitles you to register 1 .sei identify in the course of the pre-registration part. Moreover, those that collected all 5 OATs will be capable of register a site (5 characters or extra) for 1 12 months without cost.
The pre-registration for .sei domains will likely be from twenty third to twenty eighth August 2023 at 8:00am UTC. This era is for eligible addresses solely on a first-come-first-served foundation. Public registration for .sei domains will start on twenty eighth August 2023 at 9:00am UTC.
Sure, it is possible for you to to commerce your .sei area on Sei NFT marketplaces similar to BlueMove.
Sure, not each .sei identify is up for grabs. The Sei group has reserved sure domains for his or her companions.
Right here’s the price breakdown for a .sei area identify:3 characters: US$200 value of $SEI per 12 months. Or US$150 (25% off) throughout pre-registration.4 characters: US$50 value of $SEI per 12 months. Or US$40 (20% off) throughout pre-registration.5 characters: US$5 value of $SEI per 12 months. Or 1 12 months free for those who collected all 5 OATs.
