Seneca SEN
1. Summary
- Price
-
$0.004988200000 0.0%
- Market Cap
- $102,647.00 (#4625)
- Supply
- 21.54M / 58.74M
- Description
-
Overview
Overview
Seneca is a decentralized cryptocurrency protocol that allows users to borrow senUSD, a collateralized stablecoin pegged to $1, using supported assets as collateral. Seneca's stablecoin is designed to remain stable through market-driven forces and arbitrage, and it adheres to LayerZero's Omnichain Fungible Token (OFT) standard.
Key Features
Seneca's stablecoin, senUSD, can be borrowed against a variety of decentralized finance (DEFI) assets, including yield-bearing stablecoins, vault tokens, deposit receipts, and LSTs. The protocol supports borrowing senUSD across major chains and allows users to provide liquidity to earn rewards.
Collateralized Debt Positions
Seneca operates as a Collateralized Debt Positions (CDP) platform, where users can use whitelisted assets as collateral to borrow senUSD against their deposits. This ensures that users maintain control over their collateral while generating liquidity.
Tokenomics and Governance
The native token, SEN, can be staked for sSEN, which grants holders revenue-sharing benefits and the ability to participate in protocol governance.
| Price | |
| 52W High price | $0.35 |
| 52W High date | 11th Nov 2023 (8 months ago) |
| All Time High (ATH) Date | 11th Nov 2023 (8 months ago) |
| ATH Price | $0.45 |
| % From ATH | -96.06% |
| All Time Low (ATL) Date | 8th Mar 2024 (4 months ago) |
| ATL Price | $0.02 |
| % From ATL | 4.2% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $102.00 |
| Total Supply | 58.74M |
| Max Supply | 100.00M |
| Circulating Supply | 21.54M |
SEN
How does Seneca's (SEN) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-69.4%
SEN
-25.5%
Similar Market Cap
60 Day Return
-88.0%
SEN
-39.2%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 902 |
| Twitter followers |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://senecaprotocol.com/ |
|---|---|
| Explorer | https://arbiscan.io/token/0x154388a4650D63acC823e0... |
| Forum | https://mirror.xyz/0x289D0033d536eb3Ff53367f0A8CceA00d4Ac63a0 |
What is the correct contract address for Seneca?
| Ethereum | 0xcb19b6b4971bd4206bab176c75b1efe3e28ee5a8 |
|---|---|
| Arbitrum-one | 0x154388a4650d63acc823e06ef9e47c1eddd3cbb2 |
Has Seneca been audited for security?
No security audits found for this project.
Are you the owner of Seneca? Edit it here
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