Bitget Wallet Enhances Sei Ecosystem Following Major Surge

Bitget Wallet's Recent Triumph with Sei Integration

In a remarkable display of growth, Bitget Wallet, a top contender in the non-custodial crypto wallet arena, recently celebrated a significant surge in total value locked (TVL) within the Sei Ecosystem, reaching an impressive $20 million in just one week. This rapid expansion reflects the increasing user engagement and has encouraged the platform to broaden its promotional campaign, now boasting a total prize pool of $1.2 million, which includes a series of anticipated phases in the following weeks ahead.

Features of the Enhanced Sei Network

The full integration of Bitget Wallet with the Sei network unlocks a range of opportunities for users. They can now trade, monitor, and transfer Sei assets effortlessly. Additionally, users have the capability to bridge tokens from over 30 mainstream blockchains into the Sei environment through Bitget Wallet's advanced cross-chain infrastructure. The platform's Super DEX operates as a decentralized liquidity aggregator, tapping into more than 130 chains, allowing users a convenient interface for interacting seamlessly with Sei-based assets.

Campaign Launch and User Participation

The campaign's inaugural phase commenced on May 8, in collaboration with Takara Lend. This phase encourages users to bridge a minimum of 100 USDT into Sei and stake it to yield up to 40% annual percentage yield (APY). In this venture, rewards are distributed in WSEI on a first-come, first-served basis, and participants will have the opportunity to take part until August 8. The second phase, which kicked off on May 15, includes a trading task partnered with Sailor Finance, lasting until May 29. Future phases will shift the focus to other exciting projects building upon the Sei infrastructure, expanding the campaign's reach across the larger ecosystem.

Insights from Bitget Wallet's Leadership

Reflecting on this achievement, Alvin Kan, the COO of Bitget Wallet, expressed enthusiasm about the rapid growth of Sei's DeFi ecosystem: "The traction we've seen in just one week clearly indicates the swift evolution within Sei's DeFi space. It also highlights the efficacy of Bitget Wallet's infrastructure in onboarding users at scale. With this momentum, we are committed to further ecosystem support and broadening our campaign lineup, encouraging more users to enter the blockchain world seamlessly."

About Bitget Wallet

Bitget Wallet is characterized as a user-friendly non-custodial crypto wallet that prioritizes simplicity, security, and a seamless experience for all users. With a robust user base exceeding 80 million, it offers a comprehensive suite of crypto services, including swapping, market insights, staking capabilities, and various payment solutions. The wallet supports over 130 blockchains and millions of tokens, thus facilitating effortless multi-chain trading across a wide range of decentralized exchanges (DEXs) and cross-chain bridges. Backed by an imposing user protection fund of over $300 million, Bitget Wallet assures a high level of asset security for its users.

Frequently Asked Questions

What recent milestone has Bitget Wallet achieved?

Bitget Wallet recently achieved a total value locked (TVL) of $20 million within the Sei Ecosystem in just one week.

What features does the Sei integration offer to users?

The integration allows users to trade, track, and transfer Sei assets and bridge tokens from over 30 mainstream blockchains.

What is the expected duration of the campaign phases?

The campaign will run through multiple phases, with the current phases lasting until late August.

Who is the COO of Bitget Wallet?

Alvin Kan is the COO of Bitget Wallet, and he has commented on the rapid growth and user engagement.

How does Bitget Wallet ensure user security?

Bitget Wallet is backed by a user protection fund exceeding $300 million, ensuring a high level of security for its users' assets.

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