SEDA is a multichain protocol connecting real-world data to blockchains, using a new token standard with deflationary/inflationary mechanics and governance.
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SEDA is a multichain, open protocol that securely connects real-world data to any blockchain. It enables smart contracts on various networks to access off-chain or cross-chain information. Unlike traditional oracles, SEDA is a decentralized data transmission protocol built with robust cryptographic security, strong backups, flexible configuration, and computational capabilities. The SEDA Network is designed to be permissionless, allowing anyone to validate, exchange, relay, and request data across networks securely. Existing FLX token holders can upgrade to the new SEDA token, which will power the network. This new token introduces a deflationary mechanism (data requests burn tokens), an inflationary mechanism (validators earn tokens for security and bridging), and network governance (toke...
As of now, SEDA Protocol is trading at 0.024684 USD, with a 24-hour trading volume of approximately 0 USD. The SEDA to USD price is updated in real time. Over the past 24 hours, SEDA Protocol has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 8.34M USD. Currently, there are 337 730 856 SEDA in circulation out of a maximum supply of 999 999 873 SEDA.
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
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