29 May
29May

The Sei Foundation has announced the launch of the second Sei airdrop, distributing 27,421,200 SEI coins to 43,052 individual addresses.

This airdrop specifically targets active users since the Sei mainnet's inception, particularly those involved in network security through staking and liquid staking, as well as collectors from leading NFT communities.

Users can now check a dedicated website to confirm if their wallet addresses qualify for the airdrop. To receive the tokens, eligible users must review and agree to the terms and conditions. Participation is open until the beginning of Phase 3 of the Sei v2 launch, expected in the coming weeks.

In contrast to the initial airdrop, which faced criticism from users for falling short of expectations, the second Sei airdrop aims to better satisfy the Sei community. Core contributors and wallets associated with the Sei Foundation or laboratory are excluded from participating in this round.

The Sei v2 upgrade, accessible to developers and early adopters, brings various enhancements to the network. Validators are updating their software to implement Sei v2 on the mainnet, ensuring the continued operation of existing applications and tokens.

The phased rollout is structured to enhance performance, establish clear expectations, and mitigate risks. One notable feature of the Sei v2 upgrade is the support for dual addresses, facilitating compatibility with both 0x addresses and native Sei blockchain addresses.

May 2024, Cryptoniteuae

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