#MarketRebound Sei is a Layer 1 optimized for the exchange of digital assets, a fully open source, general purpose blockchain.
SEI is the native utility token. The current use cases for SEI include:
- Network Fees: Pay for transaction fees on the Sei blockchain.
- DPoS Validator Staking: SEI holders have the option to delegate their holdings with validators or stake SEI to run their own validator to secure the network.
- Governance: SEI holders can engage in future governance of the protocol.
- Native Collateral: SEI can be used as native asset liquidity or collateral to applications built on the Sei blockchain.
- Fee markets: Users can paying a tip to validators to get their transactions prioritized, which can be shared with users that are delegating to that validator.
- Trading Fees: SEI can be used as fees for exchanges built on Sei blockchain.#sei