Sei is a Layer 1 optimized blockchain 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.