Kryptonite Price (SEILOR)

Kryptonite (SEILOR) Price Now

Kryptonite price today is $0.0284 with a 24-hour trading volume of $255,777. SEILOR price is down -6.36% in the last 24 hours. It has a max supply of 1000Mil.
In order to search for real-time and historical information about Kryptonite (SEILOR) blockchain, including data related to blocks, transactions, addresses, and more, you may use Kryptonite (SEILOR) block explorers. Here are some of the most popular and useful Kryptonite (SEILOR) blockchain explorers out there:

• bscscan.com
• www.seiscan.app

What Is Kryptonite(SEILOR)?

Kryptonite protocol is the premier SEI liquid staking platform, providing an infrastructure to ease staking for SEI users, with added features allowing users to earn compounded interest on SEI while accessing leverage. It represents the essential engine for liquid staking, leverage, and lending on SEI. The Kryptonite protocol emerges as an innovative and multifaceted ecosystem situated within the Sei blockchain, setting a new standard for DeFi protocols.

What Is SEILOR Token?

SEILOR token powers the Kryptonite protocol by enabling users features, such as access to SEI staking infrastructure, access to the mint function to be able to mint stablecoins via SEI, priority access to the infrastructure offered by Kryptonite protocol, and access to special promotions.  Kryptonite offers liquid staking as a service for the SEI community. The fees of the service can be paid in the project's utility token to avail a discount. SEI network validation is rewarded with block rewards and transaction fees. SEI stakers earn these rewards through delegation for network security and through a responsible selection of network validators.  Kryptonite offers liquidity to these stakers in return for a portion of network fees earned by them. These fees, if paid in the network SEILOR token, are discounted.  

How Does Kryptonite Work?

Kryptonite introduces the concept of bAssets, achieved by staking native SEI tokens. The protocol's approach to maintaining a 1:1 ratio between bAssets and native SEI, while accommodating network slashes and penalties. The mechanics behind bAsset rewards distribution, staking rewards, and unbonding procedures are analyzed, shedding light on the protocol's resilience and user experience.  

Who Are the Founders of Kryptonite?

The Co-Founder of Kryptonite is Christopher Lee. Cain has been in the crypto space since 2017/2018. He's seen it all - the ICO craze, DeFi Summer, and NFTs before NFTs were cool. Was formerly part of the founding team at Teller Finance and part of an ICO project that raised about 22-23M in 2018.

Another Co-Founder is David Braut David Braut is the co founder of Kroleo. A 100+ development team providing important development work to both the public sector and the private sector. Clients include; Mastercard, NASA, Hilton and multiple universities.

Kryptonite (SEILOR) Community

• Twitter: https://twitter.com/Kryptonite_fi
• Discord: https://discord.com/invite/kryptonite-fi

What is Kryptonite (SEILOR) Contracts address?

• Sei Network: sei10knxlv9e54z0xcywdhtycc63uf970aefeec73ycqwd75ep9nu45sh66m6a
• BNB Chain(BEP20): 0x518960f5d12eb192f89a73c2ae9b2bd369c73d40