SEELE’s Staking on the SeeleN Ecological Nerv Ledger Platform Exceeding 10 Billion

Seele
2 min readJan 6, 2021

The amount of SEELE staking in the DeFi platform Nerv Ledger under the SeeleN ecosystem has exceeded 10 billion.

As a SeeleN ecological product, Nerv Ledger enabled the staking mining function at the very beginning of its launch, and users can obtain SNP by staking SEELE. Under SeeleN’s POS mechanism, SEELE guarantees the normal operation of the basic functions of the public chain, while SNP is the core embodiment of the voting rights and income rights of all participants on the platform, including the selection of super nodes, income distribution, project selection and parameter setting, etc. All rights and interests related to the governance will be exercised by SNP.

SEELE and SNP Dual-token Governance

With the passage of time, the pace of SeeleN’s industrial implementation has been gradually accelerated, and a series of industrial and implementation plans have been announced recently. The recognition of users is also reflected from the continuous expansion of the SEELE staking pool. Up to now, the amount of SEELE staking has exceeded 10 billion, and more than 80% of that is one-year staking, which is good enough to show the confidence of users in the development of SeeleN.

SEELE Staking Amount Exceeding 10 Billion

SNP, being itself the governance token SNP generated by staking SEELE, after listed on the decentralized exchange Uniswap, will also be listed on the centralized exchange HBTC on January 6th. SeeleN will further achieve the user growth on its platform and consolidate the foundation of the upcoming platform’s mainnet deployment and industrial planning.

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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.