🚀 Potential Airdrop of Silo Protocol: "Lido + Flashbots" on the Sei Chain

Silo has launched, which reminds me of Jito on the SOL chain. Jito's airdrop provides strong incentives for the SOL network, and its valuation is higher than similar projects like LSD, mainly due to its implementation of MEV, which has increased its overall valuation. Sei is comparable to SOL, and Silo is comparable to Jito, providing ample room for imagination!

💡 Silo: The Lido of the SEI Chain

Silo is an official staking project incubated by @Sei_ZH. Users can stake SEI tokens in Silo to receive iSEI tokens and automatically compound staking rewards daily. If users stake SEI tokens directly, they will need a 21-day unbonding period to withdraw SEI.

iSEI tokens can be withdrawn from liquidity through DEX at any time without waiting. Additionally, they can be used for various DeFi yield farming combinations to further increase returns.

Of course, the most anticipated aspect is whether there will be an airdrop. Currently, Silo has not issued tokens, but may release a token airdrop plan in the future.

💡 Silo V2: Extracting Additional Value through MEV

MEV is the biggest highlight of Silo. As the Sei network prospers, the value of MEV captured by Silo will continue to increase and be returned to the Sei network. Speculative rewards will be distributed to iSEI holders.

Therefore, MEV will be the long-term core competitive advantage of Silo on Sei. The more prosperous the Sei chain becomes, the greater the value of MEV, making Silo's competitive advantage more apparent.

Currently, the LSD market development on Sei is still in its early stages. Rooted in the LSD sector and empowered by MEV value, Silo may become the core project of the Sei network in the future, reaping the maximum benefits from the Sei network ecosystem. Most importantly, as it has not issued tokens yet and has just launched, drawing from Jito's experience, the anticipated airdrop of Silo is likely to be further amplified!

sei @SeiNetwork @Sei_ZH

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