SEI is a Layer 1 blockchain optimized for trading apps. However, as it is not EVM-compatible, it cannot be used directly on MetaMask. This article discusses Keplr, a top wallet alternative, and provides a step-by-step guide to connecting to the SEI network using Keplr. It also covers SEI network details, applications, and advantages over existing L1 solutions.
Best SEI Wallet – Keplr
Platform Details
- Keplr is a non-custodial wallet that supports Cosmos SDK blockchains like SEI.
- It is rated 4.6/5.0 on the Datawallet platform directory.
- Key features include staking, rewards, IBC transfers, dApp connectivity and hardware wallet support.
- Supported networks are SEI and all other Cosmos SDK chains.
Getting Started with Keplr
- Visit keplr.app and install the Chrome extension or mobile app
- Complete the setup process and safely store your recovery seed
- Select the SEI network from the list of available chains
- You can now manage your SEI wallet and access dApps on the network
SEI Network Details
- Full name: SEI Network
- Blockchain platform: Custom Layer 1 focused on trading apps
- Consensus protocol: Tendermint BFT
- Native coin: SEI (ticker: SEI)
- Coin denomination: usei
- Decimal places: 6
What is SEI Network?
SEI is designed specifically for powering trading applications like decentralized exchanges (DEX), NFT marketplaces, Play-to-Earn (P2E) games and more. As a Layer 1 blockchain optimized for speed and scalability, it aims to solve issues around capital efficiency and the “Exchange Trilemma” faced by existing solutions.
Applications of SEI Network
Some dApps being built on SEI include:
- Serum DEX: A scalable, fast and decentralized exchange.
- StarAtlas: An open-world sci-fi metaverse game.
- Peggy: A solution for collateralizing off-chain assets on-chain.
- Gods Unchained: A decentralized trading card game.
Advantages of SEI over Other Platforms
- Higher scalability – Over 10,000 TPS with potential to scale further
- Capital efficiency – Uses new consensus and sharing approaches
- Network effects – Growing developer and user community
- Multi-chain future – Interoperable through IBC for application composability
Conclusion
In summary, while MetaMask cannot be used for SEI due to compatibility issues, Keplr offers a great user-friendly alternative for accessing the SEI network and managing SEI wallet and assets. With its focus on applications and solving scalability challenges, SEI presents a promising blockchain platform for the future of trading on decentralized networks.
FAQs
What wallet supports SEI?
Keplr is one of the top wallets as it supports Cosmos SDK chains like SEI natively. Hardware wallets from Ledger and Trezor also support SEI.
How do I add a SEI network to Kepler?
Simply head over to the ‘Settings’ section in Keplr and add the SEI network details mentioned in the article.
How do I add an account to MetaMask?
You cannot directly add SEI to MetaMask as SEI is not EVM compatible. Please use an alternative wallet like Keplr instead.
Is SEI EVM compatible?
No, SEI is not EVM compatible as it is built using the Cosmos SDK and uses its own consensus and virtual machine. This is why it does not directly integrate with MetaMask.
