13h ago
$SEDA in price discovery is a beauty to behold.
This team has built through the bear market, changed course when they had to, then built a product that is unique and actually decentralized and NEEDS a token.
Happy to say, we’ve only ever bought more.
Wherever this pump ends, of course there will be more setbacks, but the cat is out of the bag:
@sedaprotocol has built Chainlink’s entire roadmap completely.
While all (yes) other Oracle players are still centralized make-believe machines that dump useless token on their “communities” & switch on a “token burn” mechanism whenever it fits market narrative (only to then keep revenues again and resume dumping), every request burns $SEDA.
Team has gone through fire and ice. Investors had to have nerves of stones. Now the fundamental mechanism of a decentralized oracle (the thing all others failed to build) is playing out: the protocol token get burned and are needed to make the machine work.
It’s that simple.
Again, no idea where this pump ends and surely price will cool off heavily at some point, but this price discovery is not driven by meme BS and hot air, it is driven by the market realizing the only oracle token actually needed for operation should not trade at 1/100th of $LINK.
Instant Settlement is Crypto’s Killer App.
Oracles are at the very heart of this utility.
$SEDA is the only oracle token with an indispensable function in the technical process.
The team are committed and incentivized on token.
gSEDA.
@sedaprotocol
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