Everstake & Sei

Total delegated to Everstake: 232 014 372 SEI
SEI
Sei Logo in Cube
Sei

Sei

4.4%
apr
4.4%
apr
price
0.43 $
reward frequency
Per block
Total delegated to Everstake: 232 014 372 SEI
stake

You can safely stake your Sei
by following the external link to the resource

app.sei.io

CALCULATE your PROFIT
ENTER your AMOUNT
EVERSTAKE FEE: 5 %
daily
0.01 SEI
monthly
0.37 SEI
yearly
4.40 SEI

Sei

EVERSTAKE validator address

seivaloper1ummny4p645xraxc4m7nphf7vxawfzt3p5hn47t

Delegating step-by-step

Why stake Sei with Everstake?

  • Everstake stands out as a premier staking service provider, trusted by over 735,000 users across 70+ blockchain networks. Our extensive involvement spans numerous crypto projects, actively nurturing the health of the ecosystems we support. Along our journey, we've maintained an exceptional track record in preventing slashing incidents, ensuring uptime, and delivering top-notch performance.
  • Our proficient team oversees robust infrastructure, placing utmost importance on the security of your assets. Delegating through Everstake opens avenues to enhance your yields while providing assurance regarding your token's safety.

How can I stake Sei with Everstake?

  • Step 1. Select a wallet that offers staking functionality
  • Step 2. Choose Everstake as your validator
  • Step 3. Delegate your SEI tokens
  • Step 4. Get rewards
  • Note: Validators lack control over users' funds within blockchain networks. Their role entails validating transactions and incorporating them into the blockchain to uphold the network's integrity and security. However, they do not possess the authority to access or manipulate users' funds.

Where can I stake Sei?

Staking details

  • First reward info: When the staking transaction is complete, rewards will start to be generated immediately.
  • Reward frequency: Per block (0.4s)
  • Min amount to stake: You can stake as much SEI as you want – no limitations.
  • Fee to activate the wallet: 0.00900 SEI
  • Everstake fee: 5%
  • Unstaking period: 21 days

Blockchain Overview

Sei is the Fastest Parallel Blockchain. It is built on the Cosmos SDK and includes an order book as the base layer of the blockchain and the Tendermint core as its consensus mechanism. Order books are used by almost every exchange to improve market transparency as they provide information on price, availability, depth of trade, and the identity of entities behind buy and sell orders.

Sei Labs proudly presents Sei v2, an innovative upgrade that revolutionizes the EVM landscape with parallelization.

Sei v2 leverages the established strengths of Sei and extends its reach to a worldwide community of EVM developers. This integration enables Sei to harness the combined power of Solana and Ethereum, offering a hyper-optimized execution layer that capitalizes on the robust tooling and collective expertise surrounding the EVM ecosystem. It will get deployed to mainnet sometime in H1 2024. 

Interested in staking more than $500k of Sei?

Everstake is happy to discuss special staking conditions & services we provide for institutions and large investors. Please contact [email protected] or book a slot for any additional details.

faq

Sei v2 - The First Parallelized EVM Blockchain

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Sei V2 marks a significant milestone as Sei evolves into the pioneering fully parallelized EVM. This upgrade encompasses the following enhancements:

  • Backwards Compatibility: Ensures seamless deployment of audited smart contracts from EVM-compatible blockchains without necessitating any code modifications.
  • Integration with Familiar Tools: Enables the use of widely adopted applications and tools such as Metamask, enhancing developer convenience and usability.
  • Optimistic Parallelization: Introduces support for parallelization without mandating developers to define dependencies, thereby streamlining development processes.
  • SeiDB Enhancements: Enhances the storage layer to mitigate state bloat, augment state read/write performance, and simplify state synchronization for new nodes, ensuring smoother network operation.
  • Interoperability: Facilitates seamless composability between EVM and other supported execution environments on Sei, promoting interoperability and versatility across the platform.

Sei's significant upgrade is nearing completion in terms of coding. Following the completion of audits, this upgrade will be rolled out on a public testnet in Q1 2024, with deployment to the mainnet anticipated in H1 2024.

Read more here.

SEI Tokenomics

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The total supply of SEI is capped at 10 billion tokens, with the majority being allocated to the community and projects building on Sei as follows:

  • Ecosystem Reserve: 48%
  • Foundation: 9%
  • Team: 20%
  • Launchpool: 3%
  • Private Sale Investors: 20%

Read more

What is APR and APY?

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APR stands for Annual Percentage Rate. This is the percent that you will receive when staking with a validator. APR should not be treated as constant as it is influenced by a number of factors: the number of nodes, service fee, top-up amount of the pool and of the network, uptime rank. Remember that the more users start staking, the less APR in the network. You may find an actual APR in the explorers mentioned above.

APY stands for Annual Percentage Yield and is the projected rate of annual return after taking compounding interest into account. In order to understand how APY is calculated, it is important to understand compound interest. In essence, compound interest is interest earned on previously earned interest.

How Everstake deduces validator fee?

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“Validator fee” refers to the rewards received by Validator for participating in the Blockchain network Validation process. Everstake determines the validator fee through a process involving analysis and consideration of various factors, such as network requirements, operational costs, and market dynamics.

Control over user's funds

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Validators don't have control over users' funds in blockchain networks. Instead, they validate transactions and participate in the consensus process based on the rules defined by the network protocol. Users retain control over their funds through private keys, which are used to sign transactions and authorize transfers. Validators' roles involve confirming the validity of transactions and blocks, but they don't have the authority to access or manipulate users' funds.

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