What is SeeleN DAO (SNP)

SeeleN DAO is a self-governed ecosystem built on the SeeleN public chain, co-created by the community. The ecosystem strives to foster and support high-quality projects across various domains. They are currently supporting NFTs, DeFi, GameFi, metaverse, and energy, through collaboration and incubation.

Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (SNP/USDT – Trade it here) on our Innovation Zone! Check it out now!

What is SeeleN DAO (SNP)
What is SeeleN DAO (SNP)

What Exactly is SeeleN DAO?

SeeleN is a public full-domain autonomous basic chain that is highly scalable. It also has a high throughput and is fully compatible with the Ethereum Virtual Machine (EVM). The public chain is built on a mature consensus architecture. It also uses Tendermint and Delegated Proof of Stake (DPoS) to offer efficient, transparent, and easily accessible public chain services for full-domain autonomy.

SeeleN aims to create a comprehensive value chain and foster new applications and interaction modes using its bottom layer, the Seele public chain. The primary objective of SeeleN is to enable the sharing, construction, and win-win situation of database resources from the infrastructure level. They are also paving the way for the exchange of resource assets and the realization of value. Ultimately, SeeleN DAO comes to fruition, a completely autonomous ecosystem based on the public chain.

The key Features of SeeleN DAO

Neural Consensus Algorithm

SeeleN utilizes a unique consensus algorithm called the “Neural Consensus”. It is the first of its kind in the blockchain ecosystem. This algorithm processes and classifies data in a large-scale environment by utilizing “micro-real numbers”. This allows consensus problems to be turned into asynchronous requests, improving the efficiency and scalability of the network.

PoS BFT Consensus Mechanism

SeeleN adopts a PoS BFT (Proof of Stake Byzantine Fault Tolerance) consensus mechanism. It is a secure and efficient consensus algorithm that can prevent the blockchain from being attacked by malicious nodes. In addition, SeeleN features privacy computing and cross-chain protocol functions, an asset issuance module, and a built-in decentralized exchange (DEX). The platform also utilizes a KV DB data cache structure for asset mortgage, punishment, and on-chain governance via DAO (decentralized autonomous organization). This allows for seamless and secure management of assets within the SeeleN ecosystem.

Blocks in Seconds

SeeleN boasts an industry-leading block generation speed, with an average block generation time of just 5.2 seconds. This is significantly faster than Ethereum and Bitcoin, with 2.7 times and 115 times faster block generation times respectively. In addition, the network’s transaction fees are negligible.

Industry-Finance Coupling Module

The Industry-Finance Coupling Module of SeeleN comprises several systems. It enables the connection of real-world assets with on-chain assets, trusted data exchange, and identity management. The “Digital Identity System” provides participants with unique identities, while the “Asset Issuance Management System” connects real-world assets with on-chain assets. Meanwhile, the “Programmable Transaction System” uses privacy computing to enable trusted data exchange. Together, these systems allow for secure and efficient transactions between the real world and the blockchain ecosystem.

Tokenomics of SNP Tokens

Tokenomics of SNP Tokens

SNP is a governance token that facilitates the operation of the industrial autonomous ecology. It has various use cases throughout the Seele-N ecosystem and provides power for industrial applications. SNP holders have the ability to exercise voting rights to help supernodes and enjoy various benefits within the ecosystem.

The total supply of SNP is 3 million tokens. 49% (1.47 million) are allocated for SeeleN ecological construction and 51% (1.53 million) for mining on the Nerv Ledger finance management platform. Meanwhile, the 1.47 million tokens allocated for SeeleN ecological construction have a lock-up period of 5 years and a daily unlocking amount of 0.55%.

Where to buy SNP Token

You can find SNP Token here at MEXC! We are listing SNP/USDT in our Innovation Zone!

What is the Price of SNP Tokens?

SNP token is currently trading at $94.99‎ on MEXC! You can check the live price of their token right here!

How to buy SNP Tokens on MEXC

You can buy SNP Tokens on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “SNP” using the search bar to see the available trading pairs. Take SNP/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of SNP you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy SNP] to confirm your order. You will find the purchased SNP in your Spot Wallet.

You can find a detailed guide on how to buy SNP Tokens here.

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