Sealem Token - author's review

Since the first time, developers all over the globe have been trying to create a virtual world in which it allows users to perform various activities like in the real world. The problem is that today's technology does not support much to develop a good virtual world for global users. Most of the virtual worlds developed today have unmodern architecture and are not efficient for long term use. Fortunately, there is now blockchain technology that makes the development of the virtual world better in the future. Blockchain technology allows to create a virtual world with better architecture and can be trusted by users around the globe.

What is Sealem Lab?

Sealem Lab, the next-generation DeFi+Gamefi protocol, is building an ecosystem of DeFi+Gamefi products that will interoperate to maximize returns while minimizing risk to users.

This focus supports the opportunities we choose to evaluate and the decisions we make, as we cannot capture every opportunity, but only those with clearly unaddressed needs and market gaps that bring synergies to the Sealem ecosystem.

By doing so, we will be able to thrive and dominate these verticals, continue to disrupt the industry, and deliver a superior value proposition compared to existing solutions in the market.

Market participants have three main strategies: staking, minting, and gaming.

Stakeors stake their ST tokens in exchange for SR tokens, while minters offer LP tokens or ST tokens in exchange for more ST tokens after a fixed vesting period. Players participate in the game by holding Sealem NFT to receive SR token rewards.

Safety&Stabilization

That's what users care about most in the current market.We all know that risks are proportional to benefits, but risks far outweigh benefits under the current market conditions,especially the Internet is changing from Web2 to Web3 now, and Web3 still exists huge bugs. Even in a decentralized environment, the project party can own a large amount of tokens which will increase the risk of all individual funds greatly.But bond in Sealem Finance solves this problem in a ingenious way.

The total number of governance tokens of Sealem Finance is 100,000,000 , and the initial market is 6,500,000$ST , including 500,000$ST owned by the team and 1,000,000 $ST owned by early investors.The other 5,000,000 $ST are sold fairly and publicly by the  Launchpads.The minting rights of $ST are no longer controlled by the project party, but by the market in the form of Bond.

When users mint $ST tokens, they are actually selling specific assets (like BNB, BUSD) to buy ST bonds from the protocol. The protocol references the minter's transaction terms at a future date.These terms include time and the amount of ST tokens which minter will receive when the time is reached.Bonds become callable upon vesting.

After the vesting period, the user will receive the amount of $ST in gold standard.In short, when you buy 1,000 BUSD worth of ST bonds, the 1,000 BUSD will be automatically converted into ST and BUSD,then build ST liquidity pool,and the generated LP Token will be automatically destroyed.So Sealem Finance cannot withdraw this part of funds, which provides security for users' funds to a large extent.In addition, the vesting period of each bond is 14 days, which is not a long time for common projects in the market. 14 days can ensure that users can obtain their own funds in a short time and have the control of funds.After the vesting period, if the current interest rate is 10%, the user can get $ST worth 1100 BUSD and can sell it at any time.

The process and result is stable，because Sealem Finance don't want to creat too many financial bubbles, because everyone knows that when a financial bubble burst, there will be unpredictable losses.On the other hand, it is safe, and users do not have to worry about the sharp fluctuations in the price of ST during the vesting period, because the final calculation is based on the funds the user spends when buying bonds.The interest rate will change according to ST's total liquidity pool and individual user invitations, but the 14-day base interest rate will not be lower than 3%.

Safety&Stabilization

That's what users care about most in the current market.We all know that risks are proportional to benefits, but risks far outweigh benefits under the current market conditions,especially the Internet is changing from Web2 to Web3 now, and Web3 still exists huge bugs. Even in a decentralized environment, the project party can own a large amount of tokens which will increase the risk of all individual funds greatly.But bond in Sealem Finance solves this problem in a ingenious way.

The total number of governance tokens of Sealem Finance is 100,000,000 , and the initial market is 6,500,000$ST , including 500,000$ST owned by the team and 1,000,000 $ST owned by early investors.The other 5,000,000 $ST are sold fairly and publicly by the  Launchpads.The minting rights of $ST are no longer controlled by the project party, but by the market in the form of Bond.

When users mint $ST tokens, they are actually selling specific assets (like BNB, BUSD) to buy ST bonds from the protocol. The protocol references the minter's transaction terms at a future date.These terms include time and the amount of ST tokens which minter will receive when the time is reached.Bonds become callable upon vesting.

After the vesting period, the user will receive the amount of $ST in gold standard.In short, when you buy 1,000 BUSD worth of ST bonds, the 1,000 BUSD will be automatically converted into ST and BUSD,then build ST liquidity pool,and the generated LP Token will be automatically destroyed.So Sealem Finance cannot withdraw this part of funds, which provides security for users' funds to a large extent.In addition, the vesting period of each bond is 14 days, which is not a long time for common projects in the market. 14 days can ensure that users can obtain their own funds in a short time and have the control of funds.After the vesting period, if the current interest rate is 10%, the user can get $ST worth 1100 BUSD and can sell it at any time.

The process and result is stable，because Sealem Finance don't want to creat too many financial bubbles, because everyone knows that when a financial bubble burst, there will be unpredictable losses.On the other hand, it is safe, and users do not have to worry about the sharp fluctuations in the price of ST during the vesting period, because the final calculation is based on the funds the user spends when buying bonds.The interest rate will change according to ST's total liquidity pool and individual user invitations, but the 14-day base interest rate will not be lower than 3%.

Innovation

If Bond is the soul of Sealem Finance, then GameFi will enrich the entire Sealem ecosystem greatly. Sealem Lab defines the next generation of DeFi and GameFi protocols. As a game incubation platform, Sealem Lab mainly develops high-quality Web3 games and issues NFTs.These NFTs can participate in Web3 games.The game is not only open to Crypto users, but also to traditional game players, because Web3  belongs to everyone over the world.While the game issued by Sealem lab has high quality, it increases the gameability between players, allowing its game token SR to enter an upward spiral deflation model. It will largely distinguish the Sealem's game from the existing 'metaverse games' on the market.Web3 is real, not a virtual concept like the metaverse which simply makes users have Fomo emotion and then grabs users' funds.

At the same time, in order to ensure the healthy development of the entire Sealem ecosystem, all funds obtained from NFT sales will be used to maintain the token value.

The main income of the Sealem team comes from the transaction fees of NFTs between users and the taxes and fees that users withdraw from the P2E.

Website: https://sealemlab.com/#/home
Whitepaper: https://lab-sealem.gitbook.io/sealem-lab
Telegram: https://t.me/SealemGlobal
Twitter: https://twitter.com/SealemLab
Audit: https://www.certik.com/projects/sealem
Discord: https://discord.gg/5dC2cXcmtp
Facebook: https://www.facebook.com/Sealemlab
Twitch: https://www.twitch.tv/sealemlab
author : Lastpostt
Profile : https://bitcointalk.org/index.php?action=profile;u=2785652;
BSC wallet : 0xD6a511493Fb32DB7521a0a8f3Fa4593802E75CBC