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Starfish Finance news
About Starfish Finance
What is Starfish Finance (SEAN)?
Starfish Finance is a multi-chain DeFi x NFT-Fi hub incubated by the Astar Builders program. Based on Balancer V2, users can create liquidity pools consisting of up to eight assets, yield farm, and swap stablecoins & tokens on Starfish decentralized exchange (DEX). In addition to a full DeFi suite, Starfish also enables $DOT liquid staking to unlock liquidity potentials while users continue to earn $DOT staking rewards.
Starfish also offers peer-to-pool NFT financing that supports cross-chain collateralization. Through its integration with Celer Network’s IM Framework, an inter-chain messaging mechanism, users can stake NFTs on its native chain as collateral to borrow assets from Starfish Reserve Vault. While lenders can provide liquidity in forms of stablecoins and other assets to the Reserve Vault to earn interest.
SEAN is the native utility token that is used for:
- Sharing platform fees in stablecoin
- Gain access to liquidated NFT auctions for a chance to purchase NFTs at a discount
- Governance votes for key protocol decision-making
Who Are the Founders of SEAN?
Starfish Finance was founded by Moon Pilot, a pseudonymous developer who has led and co-founded several successful DeFi protocols & NFT projects. Moon Pilot was an ex-product lead at a blockchain unicorn and holds a degree in Computer Science from a top North American university.
Together with Moon Pilot, other core members of the Starfish Finance team include Earth Lieutenant, Mars Captain, Jupiter Colonel, Mercury Major, Pluto Admiral, Neptune Marshal and Uranus Commander. The Starfish team blends each members’ solid experience in business, product, partnership and technical development of various Web3 and NFT domains.
How Many SEAN Tokens Are There in Circulation?
The native token of Starfish Finance known as SEAN was issued via a token sale on Tokensoft. There will be a capped max supply of 1,000,000,000 SEAN tokens, of which 37,300,000 SEAN (3.73%) were initially issued upon listing.
SEAN token distribution is as follows:
- Seed sale: 4%
- Private sale: 2.4%
- Public sale: 4.6%
- Liquidity: 10%
- Reserve: 10%
- Community Growth: 15%
- Ecosystem: 40%
- Team: 10%
- Advisor: 4%
The live Starfish Finance price today is $0.001563 USD with a 24-hour trading volume of $161,328 USD. We update our SEAN to USD price in real-time. Starfish Finance is down 1.00% in the last 24 hours. The current CoinMarketCap ranking is #3455, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,000,000,000 SEAN coins.
If you would like to know where to buy Starfish Finance at the current rate, the top cryptocurrency exchanges for trading in Starfish Finance stock are currently HTX, and AscendEX (BitMax). You can find others listed on our crypto exchanges page.