Jellyverse, a decentralized finance (DeFi) platform, is set to launch on the Sei Blockchain, marking a new era for DeFi 3.0. The platform aims to bridge the gap between traditional and digital assets, creating a seamless integration of physical and digital assets in a single DeFi ecosystem.

The Jellyverse platform is built on the Balancer protocol, a popular Ethereum-dApp, and will feature three core components: the Jelly Token (JLY), Jellyswap DEX, and JellyStake. JellyStake is a staking model that allows JLY token holders to participate in the system's revenue and influence the development of the Jellyverse protocol.

The platform will also introduce a decentralized stablecoin, jUSD, and the JellyBond, which will enable liquidity generation. Real World Assets (RWAs) will be integrated through user-generated tokens, known as jAssets, to enhance the innovative DeFi experience.

The Sei Network's parallelized EVM blockchain will serve as the on-chain home for Jellyverse, providing fast transaction processing and scalability. According to Santiago Sabater, co-founder and CEO of Jelly Labs AG, Sei is the "ideal home" for Jellyverse, thanks to its strong investor base and rapidly growing ecosystem.

To celebrate the launch, an extensive JLY airdrop is planned, with 11.3% of the total token supply set to be distributed. The airdrop will begin on June 11th at 2 PM CEST.

With the launch of Jellyverse on Sei Blockchain, the DeFi 3.0 era is officially underway, promising to revolutionize the way we interact with digital and physical assets.

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