Exploring Sei Network: Revolutionizing On-Chain Trading

BALANCE NETWORK
2 min readAug 15, 2023

With the Sei Network mainnet launch just around the corner, let’s delve into what sets $SEI apart.

Here’s what we’ll cover:

Introduction to Sei
Sei isn’t just about technical trading; it’s a versatile platform for asset exchange. This includes token swapping, NFT transactions, and in-game purchases.

The Problem Sei Addresses
As regulators tighten control over centralized exchanges (CEXes), more activity shifts to on-chain platforms. With growing adoption, the need for efficient asset exchange escalates. Sei tackles the “Exchange Trilemma” — scalability, decentralization, and security.

Sei’s Solution
Sei optimizes every layer to create an exceptional trading infrastructure. Key innovations include:

Twin Turbo Consensus: Intelligent Block Propagation minimizes block wait times for validators.
Optimistic Block Processing: Allows parallel block processing, reducing latency.
Parallelization: Simultaneous transaction processing, when involving distinct keys.
Native Price Oracles: Real-time pricing data for accurate trades.
Native Price Matching Engine: Ensures fast and precise trade executions.
Frequent Batch Auctioning: Curbs attacks like sandwich and MEV bots.
Valuation and Tokenomics
Sei raised $30M, valuing it at $800M, a fraction of comparable projects like Aptos and Sui.

SEI Token and Airdrop
$SEI tokens and an airdrop for early participants are confirmed, adding to the network’s appeal.

Sei Ecosystem
Sei’s ecosystem is expanding rapidly, potentially integrating more projects.

The Future of Sei
With the mainnet launch nearing, the anticipation grows for Sei to redefine on-chain trading. Let’s wait for the surprise together. Let’s go!

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BALANCE NETWORK

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