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Ultimate Sei Network Airdrop Guide and Ecosystem List | BitPinas

Republished By Plato
Republished By Plato

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  • Sei is a general-purpose, open-source layer-1 blockchain that claims to address the scalability problem of exchanges for digital assets.
  • The network also emphasized that digital assets are not enclosed in cryptocurrencies, but also include NFT arts, in-game assets, and even social tokens.
  • The SEI Network has allotted 1% of the total supply of its utility token, $SEI, for community rewards and airdrops.

The crypto community started 2024 with a bang and for crypto folks on Twitter, an NFT collection, which looks like the characters from the popular anime TV series Dragon Ball Z, is emerging—they are known as Seiyans, built on the Sei Network.

But Sei Network is not just about the Seiyans, as it is also eyeing to be an ecosystem for web3 asset trading, and it is involved in three airdrops.

(Read more: Ultimate Guide to Solana Airdrops 2023 – 2024 and 10 Potential Crypto Airdrops to Watch Out For in 2024)

Sei Network Introduction

Sei (https://www.sei.io) is a general-purpose, open-source layer-1 blockchain that claims to address the scalability problem of exchanges for digital assets by “leveraging a novel consensus and technical breakthroughs.”

It is because exchanges are struggling with the scalability of layer 1 blockchains, that though exchanges are promising to bring decentralization, scalability, and capital efficiency, they cannot deliver the three altogether, according to Sei’s developers:

“There are major tailwinds driving the growth of on-chain trading and exchange of digital assets. As regulation increases on centralized exchanges, more activity flows on-chain. As crypto adoption increases, more assets are tokenized and the need to exchange these assets increases exponentially.”

Moreover, the network also emphasized that digital assets are not enclosed in cryptocurrencies, but also include NFT arts, in-game assets, and even social tokens. This led for Sei developers to stress that trading in blockchain space is general, not specific. 

“The most successful Web3 apps are: 1) Indirect trading apps (most Metamask users ultimately use Uniswap / OpenSea) or 2) Direct trading apps, disguised as a game or NFT marketplace (like Axie or Magic Eden), it wrote, adding the Sei is not a DeFi chain.

Other Airdrops on Sei Ecosystem

More dApps built on top of Sei Network are hosting their own airdrops as well as how to be eligible for the airdrops.

Vortex Protocol

Vortex Protocol (https://www.vortexprotocol.io/) is a decentralized derivates exchange for IBC chains that offers more than 35 perpetual markets across.

It is currently hosting an airdrop and giving away $SEI tokens. To join: 

  • Step 1: Go to https://trade.vortexprotocol.io/.
  • Step 2: Connect a wallet. 
  • Step 3: Choose the “Deposit” button. 
  • Step 4: Choose “UST2.”
  • Step 5: Type in the desired amount. 
  • Step 6:Choose the “Deposit” button. 
  • Step 7: Perform trade or actions on the platform, such as:
    • Place limit order.
    • Place market order.
    • Place multiple Long/Short orders in one transaction in any market.
    • Get liquidated.
    • Refer a friend to sign up on Sei.

UXD  Protocol

$UXD by UXd Protocol (https://uxd.fi/) is the first stablecoin to migrate to the Sei Network. 

To earn free $SEI tokens: 

Pallet Exchange

Pallet Exchange (https://pallet.exchange/collection/seiyans) is an NFT marketplace powered by Tatami and Sei Network. 

When the Seiyan NFT collection went live on the marketplace, it also announced that it would be giving away free Seiyan NFT to active ”tradoors,” or users, of the marketplace. 

Kryptonite

Kryptonite (https://www.kryptonite.finance/) is a liquid staking platform, with an integrated money market to earn compound interest on SEI while accessing leverage. It also offers SEI lending and enables the minting of the collateralized stablecoin, kUSD. 

It is launching its native token, $SEILOR, which aims to supercharge LSDfi on the Sei Network. This launch led to ‌speculation from the community that it would be having an airdrop. 

To qualify, just stake $SEI for liquid staking for seven days. 

Levana

Levana (https://www.levana.finance/) is a perpetual swaps platform that claims to provide traders with a seamless and secure trading experience by offering up to 30x leverage for long and short positions.

It is also launching its own native token, $LVN, which could lead to a potential airdrop. 

To qualify, just trade on the platform. 

Astroport

Astroport (https://astroport.fi/en) is a decentralized exchange (DEX) that promises to offer multiple types of liquidity pools, front running protection, and cross-chain interoperability to its users.

Sei-based meme coins are available on Astroport, and allegedly, it is also among the dApps that are part of the distribution of $SEI through airdrops. To qualify, using the DEX’s products and services is a tip. 

YAKA Finance

YAKA Finance (https://app.yaka.finance/) is a DEX that claims to unite launchpads and trading for the next liquidity hub on the Sei Network. 

As of this writing, it is on its Step 1 of its Testnet Campaign, to join: 

Sei Network Airdrop

The SEI Network has allotted 1% of the total supply of its utility token, $SEI, for community rewards and airdrops. Though no specific programs were mentioned to earn free tokens, the community has already shared how to get free $SEI tokens. 

According to Andrew Chen, a research analyst at the online website But Bitcoin Bank, one of the ways to earn free $SEI is to connect the network to Ethereum. To do this: 

  • Step 1: Go to https://trade.vortexprotocol.io/bridge.
  • Step 2: Connect an Ethereum wallet.
  • Step 3: Choose Ethereum as the “From” blockchain and SEI as the “To” network. 
  • Step 4: Select the tokens to be bridged.
  • Step 5: Type in the desired amount.
  • Step 6:  Finalize and confirm the transaction.

Meanwhile, more advanced natives may join the network’s testnet program to earn more tokens. To join: 

  • Step 1: Join the SEI Discord Channel https://discord.com/invite/sei.
  • Step 2: Visit the #decnet-faucet. 
  • Step 3: Request for some testnet tokens. 
  • Step 4: Send the Sei Wallet address. 
  • Step 5: Wait for the dev team to send testnet tokens to the wallet.
  • Step 6: Use the testnet tokens to try the network’s features and functionalities. 
  • Step 7: Send an evaluation report to the team. 

Lastly, testnet participant can mint Sei Sunken Treasure NFTs by following these tasks. 

This article is published on BitPinas: Ultimate Guide to Sei Network Airdrops and Ecosystem

Disclaimer:

  • Before investing in any cryptocurrency, it is essential that you carry out your own due diligence and seek appropriate professional advice about your specific position before making any financial decisions.
  • BitPinas provides content for informational purposes only and does not constitute investment advice. Your actions are solely your own responsibility. This website is not responsible for any losses you may incur, nor will it claim attribution for your gains.
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