SeeleN Mainnet Trading Volume Surging and CSF Repurchase Limit Increased Significantly

Seele
2 min readJul 6, 2022

The launch of CandySwap, the decentralized exchange for the SeeleN DAO ecosystem, has provided the ecosystem with the underlying support for trading behavior. With the opening of the cross-chain bridge, users can freely flow assets between the Ethereum and the SeeleN mainnet, further expanding the volume of assets traded on the SeeleN mainnet.

Currently, the trading function of the SeeleN mainnet is mainly carried by CandySwap, and users can trade assets such as SEELE, SNP, USDT, and CSF through CandySwap, while all three assets of SEELE, SNP, and USDT can be cross-chained in both directions through the cross-chain bridge.

Since June, the SeeleN cross-chain bridge has been launched in a two-way, a new COO has been announced, and the CandySwap chart function has been launched, attracting a plethora of external users to the ecosystem. The trading volume of CandySwap has increased vastly with the increase of users. A portion of the fees generated from each transaction in CandySwap is used to repurchase CSF each month, and the amount of CSF repurchased this month has increased tenfold compared to the previous month.

The SeeleN DAO ecosystem will be announcing a series of new events shortly, covering various aspects of the ecosystem roadmap and specific projects, so please stay tuned for more.

About SeeleN DAO:

SeeleN DAO is a collaborative autonomous ecology based on the SeeleN public chain and co-created by the ecological community. The ecology is aimed at incorporating and incubating high-quality projects in all fields, including metaverse, NFT, GameFi, DeFi, energy, etc. The development, construction, and governance of the whole ecology are coordinated and governed by all ecological participants.

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Seele

SeeleN DAO is a collaborative autonomous ecology based on the SeeleN public chain and co-created by the ecological community.