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Sealem Lab — The Next-Generation DeFi+GameFi Protocol

Salman Percy
8 min readJul 1, 2022

Hello everyone… Here I will inform you by writing a review to introduce a very unique new project called SealemLab, so for that, have a look at the article which I created below to give you a very good overview of the project, then What benefits do they provide to everyone? Let’s go straight to the discussion below.

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.

Strategies for Building Sealem Products

The Sealem team employs 2 strategies to build innovative Sealem products.

  • Problem Statement: In-depth research and understanding of DeFi+Gamefi issues, continuous update of iterative versions, to provide users with maximum benefits, and the transition from DeFi+P2E to Play for fun and P2E.
  • Solution Statement: Assess market gaps and iterate until we find a product idea/solution that allows us to capture a large number of unresolved needs in a specific problem statement With these two strategies, the Sealem team is actively thinking about DeFi + Problems in the GameFi space, come up with various innovative product ideas to capture huge market gaps, run simulations to validate ideas, then build user-friendly innovative products to capture truly unsolved problem requirements.

DeFi , GameFi & P2E

Decentralized Finance (DeFi) is an emerging financial technology based on secure distributed ledgers similar to those used by cryptocurrencies. The system removes control over money, financial products and financial services by banks and institutions. Some of the main attractions of DeFi for many consumers are:

  • It eliminates the fees that banks and other financial companies charge for using their services.
  • You store your money in a secure digital wallet, not in a bank.
  • Anyone with internet connection can use it without approval.
  • You can transfer funds in seconds and minutes.

In the DeFi space, token-based transactions such as lending and borrowing take place on the blockchain, a decentralized digital ledger similar to the one Bitcoin originally used. In its most common usage, GameFi refers to decentralized applications (“dapps”) with financial incentives. These typically involve tokens as rewards for performing game-related tasks, such as winning battles, mining valuable resources, or growing digital crops. This is a method also known as “making money”. In many GameFi apps, users can also make passive money by letting others mine their virtual land. They can also earn interest by lending assets such as digital characters or depositing them in so-called staking using technology developed by DeFi platforms. “P2E (Play-to-Earn) is the latest development in the gaming industry. It is a business model that embraces the concept of an open economy and provides economic benefits to all players who add value by contributing to the gaming world.” In conclusion, now Gamers are no longer paying for games as they used to, but making money from them.

How can I profit from Sealem?

For stakers, the main benefits come from asset price appreciation and supply growth. The protocol sells ST bonds (mints new tokens) when there is a healthy premium. The premium earned by the protocol will be distributed to stakers. Due to the nature of producing ST tokens, it is in the best interest of the protocol to ensure a healthy premium for ST tokens. The only way to guarantee a healthy premium is for the token to accumulate more assets to increase the intrinsic value of the token. Over time, the agreement will be adjusted according to policy to increase the ST floor price. The bill would reduce inflation of the total token supply while allowing protocols to buy back their own tokens, further reinforcing the idea of a rising price floor. The main benefit for bond dealers comes from price consistency. Bondholders can invest capital up front and promise a fixed return at a set point in time; this return is given in ST tokens, so when the minted ST is completed, the bond dealer’s profit will depend on the ST price. With this in mind, minters benefit from the rising or static price of ST tokens. The main income of players comes from the game itself. Players earn daily income and quarterly income by competing in the game.

How can I profit from Sealem?

For stakers, the main benefits come from asset price appreciation and supply growth. The protocol sells ST bonds (mints new tokens) when there is a healthy premium. The premium earned by the protocol will be distributed to stakers. Due to the nature of producing ST tokens, it is in the best interest of the protocol to ensure a healthy premium for ST tokens. The only way to guarantee a healthy premium is for the token to accumulate more assets to increase the intrinsic value of the token. Over time, the agreement will be adjusted according to policy to increase the ST floor price. The bill would reduce inflation of the total token supply while allowing protocols to buy back their own tokens, further reinforcing the idea of a rising price floor. The main benefit for bond dealers comes from price consistency. Bondholders can invest capital up front and promise a fixed return at a set point in time; this return is given in ST tokens, so when the minted ST is completed, the bond dealer’s profit will depend on the ST price. With this in mind, minters benefit from the rising or static price of ST tokens.

The main income of players comes from the game itself. Players earn daily income and quarterly income by competing in the game.

The main way I profit from the ST protocol

Bonding: The ST protocol needs to purchase the assets required for its strategy, namely ST tokens. It does this by issuing bonds. When users buy bonds, they need to provide the tokens the protocol wants to provide ST liquidity. These may include tokens such as ST-BNB, ST-BUSD, ST-ETH, etc. When users buy bonds, ST tokens will be issued to users within a 14-day vesting period. Depending on the total liquidity, users will also receive different interest.

Staking: Staking is easy to understand, and most users in DEFI should know about it. This means staking your ST tokens in a pool that issues you SR tokens! The reason for this is that ST token holders earn “interest” while waiting for the price of their ST tokens to rise.

Price appreciation: This is the most direct. As with all investments, we want prices to appreciate. In this case, our goal is for ST tokens to appreciate in value due to multiple protocol reinvestment strategies. For users, just HODL ST and wait for the team to work their magic to build a proper Dex exchange fund, allowing the ecosystem value to increase over time.

The main way I profit from the ST protocol

  • Bonding: The ST protocol needs to purchase the assets required for its strategy, namely ST tokens. It does this by issuing bonds. When users buy bonds, they need to provide the tokens the protocol wants to provide ST liquidity. These may include tokens such as ST-BNB, ST-BUSD, ST-ETH, etc. When users buy bonds, ST tokens will be issued to users within a 14-day vesting period. Depending on the total liquidity, users will also receive different interest.
  • Staking: Staking is easy to understand, and most users in DEFI should know about it. This means staking your ST tokens in a pool that issues you SR tokens! The reason for this is that ST token holders earn “interest” while waiting for the price of their ST tokens to rise.
  • Price appreciation: This is the most direct. As with all investments, we want prices to appreciate. In this case, our goal is for ST tokens to appreciate in value due to multiple protocol reinvestment strategies. For users, just HODL ST and wait for the team to work their magic to build a proper Dex exchange fund, allowing the ecosystem value to increase over time.

TOKENOMICS

Distribution

Benefit

1.Earn fees from the entire Sealem ecosystem: With Sealem Tokenomics, Sealem Token holders will be able to stake ST to earn from the entire Sealem ecosystem.
2.Unlock unique features of Sealem products: Once Sealem Tokens are staked, you will be able to “unlock” the unique features of Sealem products when using them as a Sealem staker.
3.Early participation in cutting-edge projects: For those who stake Sealem tokens, not only will you earn from existing Sealem products, you will also receive: A portion of the tokens for the future Sealem project Launchpad, giving you early access to high-quality projects Access to a strong and long-term Web3 community
4.Proposal voting: Sealem community users hold ST, which can be used to represent vote counts for proposals. See here for our past recommendations. In a nutshell, Sealem Tokenomics adds value beyond collecting fees from the ecosystem, but is integral to the use of all Sealem systems.

Roadmap

Partners

Contact Information

Author Info

BTT username : Sarah Glenn
BTT profiile : https://bitcointalk.org/index.php?action=profile;u=2773886
Address: 0x98c8fD7dF620B9d2A3dB653e42e2EB58eca18568

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Salman Percy

Written by Salman Percy

20 Followers

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