Much of the industry has been de-risked from an adoption and capital perspective, yet weβre still early enough where there is a meaningful opportunity to make a dent.
We want the Sei Ecosystem Fund to highlight the brightest teams.
Sei is the first Layer 1 designed for trading, giving exchanges an unfair advantage.
Exchanges are one of the very few apps in crypto that have gotten true product market fit, they span way past just #DeFi, across #NFTs, #GameFi, and every vertical.
The vision for Sei is far larger than just decentralized NASDAQ.
The Sei #DisruptDefi Fund vision is simple: back the next generation of disruptive DeFi teams and enable what cannot be done on any other Layer 1.
When talking about blockchains, there are 2 main buckets: general purpose chains and app chains.
However, @SeiNetwork is the first layer 1 designed for trading.
What does this mean? Let's dive into itπ§΅
[part 1]
DeFi-optimized L1 means making fundamental changes to the base layer that will allow DeFi apps to thrive:
βοΈ built-in order matching engine
βοΈ price oracle
βοΈ sub-second finality
βοΈ parallelization of orders
βοΈ single block order execution
We're partnering w/ @Cryptocito, @strangelovelabs and @Galileo_xyz to lay out the best developer opportunities in crypto. Our team can provide engineering support and funding for talented teams.
This week we're focusing on Smart Market Making Bots π€
Providing liquidity to an orderbook based exchange is typically a very profitable engagement, but the barrier is high for general users.
Marketmaking requires active strategies & high frequency trading; however much of this can be automated.
Smart market making protocols democratize liquidity provisioning and allow for passive LPers to get access to lucrative market making fees.
We're partnering w/ @Cryptocito@strangelovelabs and @Galileo_xyz to lay out great developer opportunities. Our team can provide engineering help and offer VC funding for strong teams.
This week we're highlighting Lending and Borrowing
Lending and borrowing continues to be a steady, core function in DeFi that provides the bedrock for a variety of other activities
dYdX and Sei launching on Cosmos over the next few months will lead to a burst of derivatives activity.
One of the core ingredients for high quality derivatives is seamless, cross margining.
Sei will work with a core lending solution to offer tightly integrated margining across the derivatives apps built on Sei, offering an experience that rivals CEXs.