WEB3

$SEI Token Airdrop: Everything You Need to Know

by BSCN

August 15, 2023

chain

The $SEI token airdrop is open to users across numerous blockchain ecosystems, including Ethereum, BNB Chain, Solana, and Polygon.

SUMMARY: 

  • Sei Foundation is launching a unique cross-chain airdrop open to active users of several major blockchains, including Ethereum, BNB Chain, and Solana.
  • Sei is a high-performance Layer 1 blockchain known for its speed, capability to handle large-scale growth in digital assets, and innovative technologies such as parallel processing and instant block finality.
  • Interested users can join the airdrop by setting up a Sei Wallet (e.g., Compass), linking it to their existing off-chain wallet, and bridging their tokens. 
  • The airdrop will be accessible during the public mainnet launch on the Sei platform, and users are encouraged to refer to Sei's official blog for further details.

Introduction to Sei's Unique Airdrop

The Sei Foundation has announced the launch of what they describe as an “Airdrop like no other.” This isn’t your typical airdrop. 

Sei’s approach is genuinely cross-chain, aiming to appreciate and recognize the early adopters of blockchain technology across several ecosystems, highlighted at some point in this article.

Unveiling the Sei Blockchain

Sei is more than just a blockchain. It is an open-source, permissionless Layer 1 blockchain crafted with a particular purpose. The blockchain takes pride in the ability to exchange digital assets seamlessly. 

As the world of digital assets, ranging from Non-Fungible Tokens (NFTs) and Gaming assets to Decentralized Finance (DeFi) expands, so does the requirement for blockchains that can handle this growth efficiently. This is where Sei steps in, explicitly designed to cater to high-performance and exceptional user experience demands in the Web3 space.

Understanding Sei’s Technical Prowess

Sei's construction has been meticulously focused on three significant aspects: speed, performance, and groundbreaking technology. The results of this focus are evident:

Unmatched Speed: Sei prides itself on having one of the quickest finality times in the blockchain universe.

High Throughput: It has the potential to outperform even the theoretical maximum of any Rollup built on Ethereum.

Cutting-Edge Technology: Sei’s efficiency can be attributed to its innovative use of parallel processing, instant block finality, and unique block propagation and processing mechanisms.

The Sei blockchain is not just about efficiency. It goes beyond providing the necessary infrastructure that allows anyone with internet connectivity to engage with web3 applications faster than one might blink, pioneering a new category of Web3 applications.

Participating in the Sei Airdrop

If you're keen to be a part of this revolutionary airdrop, here's what you need to know:

Eligibility Criteria

Sei Foundation, in collaboration with its partners, has pinpointed active users across several blockchains, including:

- Solana. 

- Arbitrum. 

- Ethereum. 

- Osmosis. 

- Binance Smart Chain (BNB Chain). 

- Polygon. 

These chains have been chosen because their users drive most blockchain activity today. If you're an active user on any of these chains, you can participate, provided that you are whitelisted. 

Steps to Get Started

Sei Wallet Setup: The first step is creating a Sei Wallet. One such option is Compass, but it's anticipated that more Sei Wallets will be available and mainnet-compatible soon. 

If you're a new user, follow the guidelines and ensure your seed phrase is securely stored. For those who've previously installed these wallets as part of Atlantic 2 testing, ensure you have an updated version and are linked to the Pacific-1 Mainnet.

Bridging Your Assets: Head over to the "Airdrop" tab. Here, you'll find instructions to connect an existing off-chain wallet to a Sei wallet address. Once done, you can bridge any tokens highlighted on the Sei bridging UI.

According to the Sei Blog, the airdrop will be claimed at the public mainnet launch. Once it goes live, users are advised to check eligibility and participate via the website: http://app.sei.io. Refer to the Sei Blog HERE to learn more. 

The Sei airdrop presents a unique opportunity for blockchain enthusiasts to join a next-gen blockchain platform. With its state-of-the-art technology and cross-chain approach, Sei is poised to reshape the future of Web3 applications. Remember to keep your digital assets and seed phrases secure throughout the process.

What is Sei Labs:

Sei Labs is a contributor to the open-source Sei blockchain, the fastest Layer 1 for trading. Sei's unique chain-level optimizations enable decentralized exchanges and trading apps to offer the best user experience with modern performance and scalability. The Sei Labs team is composed of industry veterans from Goldman Sachs, Databricks, Robinhood, Google, and Nvidia.

Where to find Sei

Website | Twitter |

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