$SEI Ecosystem Overview:
Why pump and what to do on $SEI?
Consider these operations on $SEI:
• Stake SEI at SEI’s Staking Center
• Consider NFTs on @Pallet_Exchange popular among the SEI community and team members, such as @TheColonyNFT__
• Staking SEI for stSEI @Kryptonite_fi or LP farm $SEILOR / $SEI with an annual interest rate of 2%K
• Trading @Levana_protocol
• Explore @astroport_fi and maybe $SEIYAN memecoin. NFA and DYOR!
• Check out the upcoming DEX @YakaFinance (currently on incentivized testnet)
Other dApps coming soon:
• @Silo_Stake: Liquid SEI stake, iSEI
• @Solar_Lend: Loans on $SEI
• @gamblino_app : betting
Why is $SEI pumping?
I think there are three elements:
• Technological Innovation: SEI joins Fantom as an alternative to Solana in the modular blockchain space, with upcoming features such as optimistic parallelization, SeiDB and EVM support.
• Token printing potential: The SEI ecosystem is new but evolving, with new dApps that can issue tokens. Rising SEI prices may increase dApp token valuations.
• Compelling narrative: A story that emphasizes parallelization, the next Solana and more begin to emerge. But I care about the overall blockchain story.
Disclaimer: This is a brief overview and not financial advice.