**Phase 4: LST/LRT and RWA Lending \[TBA]** In this stage, Segment Finance focuses on integrating Liquid Staking/ Restaking Tokens and Real World Assets thus merging traditional financial assets with the efficiency and accessibility of DeFi lending. This includes the facilitating of a seamless payment ability for the digital and traditional investors by introducing a LST-backed stablecoin and an LST Credit Card. **Key Milestones:** 1. Onboarding a variety of LST and LRT onto the lending platform 2. Onboarding a variety of RWA onto the lending platform 3. Creating new opportunities for asset-backed borrowing 4. Launching an LST stablecoin and a Crypto Credit Card
It's important to note that the roadmap provided is a general outline and may be subject to adjustments and refinements based on market conditions, regulatory considerations, and community feedback. # FAQ ### **What is Segment Finance?** Segment Finance is a trusted decentralized finance lending and borrowing protocol originally deployed on the BNB Chain. Launched in September 2023, it combines the security of the algorithmic money markets developed by Compound and Venus and extraordinary high yield opportunities, providing a simplified user experience and core capabilities in a single application. ### How do I interact with Segment Finance? Interacting with Segment Protocol is straightforward. Supply your chosen asset and the amount to start earning interest. Additionally, once you supply assets, you can also borrow against them. Any interest earned from supplying assets can help offset the interest you accrue when borrowing. ### Where are my supplied funds stored? Your supplied funds are stored in a smart contract on the blockchain. The contract's code is public, open-source, and has been formally verified and audited by external auditors. You can withdraw your funds on demand or receive sTokens representing your stake. sTokens are as freely tradable as any other cryptographic asset on BNB Chain. ### **What is the revenue source of Segment Finance?** Protocol revenue is generated from taking a fee based on reserve factors for different pools. The more riskier the pool is, the more fees will be generated this way. In addition Segment Finance will also earn DEX rewards through farming activities on SEF/USDT LP Tokens. Also the potential Chain rewards will be a source of income for the Segment Finance Protocol. ### **Why does my account health matter?** The account health (or the Health Factor) is the numeric representation of the safety of your deposited assets weighted against any borrowed assets and their underlying value. The higher the Health Factor value is, the safer the state of your funds is against a potential liquidation. If the Health Factor is reduced to 1 or lower, liquidation will be triggered. In a liquidation, up to 50% of the borrowing debt is repaid and that value plus the liquidation fee is taken from the collateral available. After a liquidation, that amount liquidated from your debt is repaid. ### **What is liquidation?** A liquidation is a process that occurs when a borrower's **Health Factor** is reduced to 1 or lower due to their collateral value not properly covering their loan/debt value. This might happen when the collateralized asset decreases or the borrowed debt increases. To reduce the risk of liquidation, you can repay any outstanding loans or deposit additional collateral to increase your Health Factor. An example: * Peter deposits 10 ETH and borrows 5 ETH worth of DAI * If Peter’s Health Factor drops below 1, his loan will be eligible for liquidation * A liquidator can repay up to 50% of a single borrowed amount (in this case, 2.5 ETH worth of DAI) * In return, the liquidator can claim a single collateral, which is ETH, at a 7.5% bonus * The liquidator claims 2.5 + 0.1875 ETH for repaying Roger's bad debt (2.5 ETH worth of DAI) * 0.1875 ETH is claimed by the protocol at a 7.5% bonus (15% total penalty) * After liquidation, Peter has 7.125 ETH (10-2.5-0.1875-0.1875 ETH) of supplied ETH collateral and 2.5 ETH worth of DAI borrowed. ### **What is the cost of interacting with Segment Finance?** Transactions on the Segment Protocol require BNB Chain fees, which depend on network congestion and the complexity of the transaction. ### **Is there any risk?** No platform can be considered entirely risk-free. Risks associated with Segment Protocol include smart contract risk and liquidation risk. However, every possible step has been taken to minimize these risks, including making the protocol code public and conducting thorough audits. ### **What are Isolated Pools?** Isolated Pools are a feature in Segment Protocol, designed to overcome the limitations of a single core pool. Each Isolated Pool is an independent collection of assets with custom risk management configurations. This setup allows users to better manage their risk and earn yield, while also preventing failures in one market from impacting others. ### **What is the Risk Fund?** In Segment Protocol, a risk fund is maintained for each pool. A percentage of the protocol's revenue is deposited into this fund, aiming to counterbalance bad debt and prevent potential market insolvencies. # Getting Started To use Segment Finance, you need to connect to the app via using the wide selection of Web3 wallets supported by Segment Finance: * Trust Wallet * Metamask * Rabby Wallet * Wallet Connect * SafePal * OKX Wallet * Binance Chain Wallet * Brave Wallet * Ledger Metamask by default only supports the Ethereum network. However when you connect MetaMask to Segment Finance Protocol, it will automatically configure MetaMask to work with BSC network. If you need to import custom networks to your Metamask wallet, kindly take a look at this [guide](https://support.metamask.io/networks-and-sidechains/managing-networks/how-to-add-a-custom-network-rpc/) in their official documentation. Segment Finance is currently live on **BSC, opBNB, BOB, CORE and Bitfinity** networks. To perform any transactions on those networks, you need to have sufficient amount of gas tokens in your wallet. | Network | Gas Token | Bridge Platform | | ----------------------- | --------- | ------------------------------------------------------------------------------------------------------------------ | | BSC and opBNB | $BNB | | | BOB | $ETH | [The Official BOB Bridge](https://app.gobob.xyz/?type=deposit\&network=ethereum) | | CORE | $CORE | [The Official CORE Bridge](https://bridge.coredao.org/bridge) | | Bitfinity (Testnet) | $BFT | [Mint Testnet Tokens](https://docs.bitfinity.network/getting-started/minting) | | StratoVM (Coming Soon) | $SVM | | | Rootstock (Coming Soon) | $RBTC | | # Supplying and borrowing In this guide, we will focus on using Segment Finance to earn interest and borrow BNB Chain assets. Once you’ve created your BNB Chain Wallet on MetaMask or any other supported wallet App, open the Segment Finance app ([app.segment.finance](https://app.segment.finance)). The interface will ask you to connect your Web3 wallet. Connecting your wallet to Segment Protocol enables you to authorize transactions, view balances, and perform other essential actions on the BNB Chain. After successfully connecting your wallet, you will gain access to all the features of the Segment Finance interface. In the Dashboard menu you will find all the markets. Clicking one of the markets a new modal will pop out, enabling you to interact with the selected market. Just make sure you are under the "Supply" or "Borrow" tab, depending on the desired action. **Supply Assets to Earn Interest** 1. Connect your BNB Chain Wallet on MetaMask or other supported wallet app to the Segment Finance app. 2. Navigate to the "Dashboard" menu and select the "Supply" tab. 3. Choose the asset you want to supply. For example, if you want to supply ETH, click on the ETH market. 4. Enable the asset. This will prompt a transaction confirmation in your wallet. Remember that a small gas fee applies, so ensure some BNB is available in your wallet. 5. Specify the amount you want to supply. The selected assets are transferred directly from your wallet to Segment Protocol, earning interest immediately. This interest will be automatically added to your Supply Balance. **Manage your Borrowing Limit** Your borrowing limit on Segment Finance is a function of the assets you have supplied. The following steps guide you to manage it: 1. Navigate to the 'Account'. 2. Here, you'll find your Borrow Limit, represented as a percentage of the total value of your supplied assets. 3. To adjust this limit, you can either supply more assets or repay some of your outstanding loans. **Borrow Assets on Segment Finance** After supplying assets, you can borrow other assets within your borrowing limit: 1. From the 'Dashboard' menu, go to the 'Borrow' tab. 2. Select the asset you want to borrow. 3. Input the amount you wish to borrow and confirm the transaction. **Lending and Borrowing Example** Let's assume you supply 1 BNB to Segment Finance, and the seBNB/BNB rate is 0.0204. You'd receive approximately 49.019 seBNB in return (1000 / 0.0204). If the seBNB/BNB rate increases to 0.0215 after a year, your 49.019 seBNB would be worth 1.0215 BNB (49.019 \* 0.0215), an increase of 0.0215 BNB. Remember that these seTokens represent your collateral in Segment Finance Protocol. It's crucial not to trade or transfer them if you have an active loan, as they're required to maintain your borrowing limit. # Staking Segment Finance Vaults provide a secure and efficient mechanism for users to stake SEF tokens and earn passive income. This staking process allows users to actively participate in and contribute to the stability and security of the Segment Finance ecosystem, while maximizing returns on their holdings. There are 2 different Vaults for staking SEF. One of them will be sSEF Vault where the rewards will be used for buying SEF from the market and distributing it to sSEF stakers. The other will be uSEF Vault where the rewards will be used for buying USDT from market and distributing it to uSEF stakers. **Staking in SEF Vaults:** 1. Navigate to the Segment Finance app and connect your BNB Chain Wallet or other supported wallet apps. 2. On the left side of the screen, click on the 'Vault' tab. 3. Once you navigated to the Staking screen choose the Vault and click the 'Stake' button. 4. A pop-up will appear asking for the amount of SEF tokens you want to stake. Input the desired amount and confirm. 5. After entering the amount, a prompt will ask for the transaction's confirmation in your wallet. Confirm this. 6. Once you've staked your SEF tokens, the interface will show the staked amount, your potential rewards, and other vault statistics. **Unstaking** When you decide to unstake your tokens, there will be a one-week waiting period. For instance, if you staked your tokens and wish to unstake them on October 10, 2023, you will be able to withdraw your tokens on October 17, 2023. This precautionary measure is in place to accommodate the needs of stakers who may require time to plan their unstaking activities. # Advanced Safety Features Our focus on advanced security features go beyond industry standards, ensuring the safety of all assets, pools and transactions is guaranteed. **Contracts Safety** Segment Finance leverages the extensively audited and battle-tested codebase of Compound V2, establishing a robust foundation for security. 1. All core contracts have a Timelock with 48h delay 2. All core contracts are owned by Multisigs 3. Token contract ownership is completely renounced 4. [Extensive Contracts Audits](/protocol/advanced-safety-features/audits) 5. [Bug Bounty Program](/protocol/advanced-safety-features/immunefi-bug-bounty) **Markets Safety** 1. Supply Limits \ The platform enforces supply limits for each asset, controlling the maximum amount that can be supplied as collateral. This feature mitigates exposure to a single asset's volatility, ensuring a more stable and secure protocol 2. Debt Ceilings \ Debt ceilings restrict total borrow amounts in collateralized markets using underlying tokens. Like supply limits, they enhance risk management by limiting large positions backed by specific tail assets 3. [Oracle Security ](/protocol/advanced-safety-features/oracles) Multiple oracles deliver combined quotes to ensure accurate pricing information, which is critical to determining collateral value and enforcing platform security mechanisms # Immunefi Bug Bounty ### Program Overview The bug bounty program covers the Segment Finance smart contracts (no UI bugs) and is focused on preventing thefts and freezing of funds.The Segment Finance smart contracts are fully [open source](https://github.com/Segment-Finance).\ \
**Early Supporter** To express appreciation to our early supporters, we have taken all deposits and staked SEF into account for the period from the launch of Segment on January 7th 2024 and until the launch of this Points program. For that we scanned the protocol’s on-chain history on BSC and calculated Points for all users who have deposited to Segment in the past. The 20 most active users can now be viewed on our Leaderboard. # Isolated Pools **Overview** Isolated Pools are made up of separate collections of assets with tailored risk management configurations. This design offers users broader opportunities to manage risk and allocate assets to earn yield. Moreover, it prevents hypothetical failures from affecting the liquidity of the entire protocol as they are confined to isolated markets. Isolated Pools also offer custom rewards for each market in the pool, incentivizing users accordingly. #### User Actions Users can perform the following actions on any market in a pool: 1. **Deposit**: Users can deposit an asset, receiving seTokens that correspond to the liquidity deposited. These sTokens accrue interest until they are burned on redeem or liquidated. 2. **Borrow**: Users can borrow assets, in exchange for locked collateral. 3. **Redeem**: Users can redeem seTokens for the underlying asset based on the exchange rate. 4. **Repay Borrow**: Users can repay the borrowed asset and accrued interest. # Stablecoin S1 **Introduction** In the realm of DeFi, decentralized stablecoins have become a cornerstone for various financial operations, such as trading, lending, and borrowing. Stablecoins backed by Liquid Staking and Restaking Tokens (LSTs and LRTs), sit at the cutting edge of innovation and play a pivotal role by providing borrowers, or holders, of the stablecoin with the lowest available risk in DeFi: the Ethereum and Bitcoin staking rates, which are a necessary parallel to the risk-free rate found within traditional financial (TradFi) markets. S1 is a new multichain stablecoin issued by Segment Finance, focused on unlocking liquidity. It is purpose-built with parameters and features tailored specifically to realise the full potential of LSTs and LRTs. The new protocol is integrated within the Segment UI allows users to seamlessly borrow S1 using their LSTs/LRTs as collateral. By minting S1 with deposited assets, users can retain all of the rewards, points, and upside from owning an LST/LRT, and unlock their capital as S1, a stablecoin that can help them capture additional opportunities and yield on Segment or throughout DeFi. S1 is a universal and capital-efficient stablecoin and is intended to be used for the [Segment's LST Payment Card](/protocol/lst-payment-card) in the feature. **How does S1 work?** S1 is available in the same dApp as the main Segment platform. As a decentralised stablecoin on the Superchain and BTCFi network, S1 is minted by users (borrowers). As with all borrowing on Segment, a user must supply collateral on the core pool [(at specific collateral ratio)](/protocol/collateral-and-reserves) to be able to mint S1. Correspondingly, when a user repays a debt position Segment burns that user’s S1. **Peg Stability Module** The Peg Stability Module (PSM) is a crucial component of the Segment Protocol designed to maintain the value of the S1 stablecoin at $1. It functions similarly to the system provided by MakerDAO for DAI. S1 sustains its value via a stability fee system. This fee is a charge that users incur when they swap their minted S1. This fee system encourages users to either sell or buy S1 in response to its price fluctuations, thereby contributing to its stability.
# LST Payment Card soon # RWA Lending Real world assets are any tangible or intangible assets that have economic value and can generate cash flows, such as real estate, art, commodities, invoices, loans, etc. These assets represent a huge market opportunity, accounting for over $250 trillion of global wealth. However, they also face many barriers and inefficiencies, such as illiquidity, high transaction costs, lack of transparency, and limited access. This is where RWA lending comes in. It aims to bridge the gap between traditional and decentralized finance by unlocking the potential of RWA for on- chain lenders and borrowers. Segment Finance is developing a decentralized platform that enables lending and borrowing opportunities using RWA as collateral. This works by tokenizing RWA and issuing them as digital securities or tokens representing ownership or rights to the underlying assets. These tokens can then be used as collateral to borrow stablecoins or other crypto assets on Segment Finance platform. Alternatively, investors can lend their capital, such as stablecoins or Ether, and earn interest from the borrowers who use RWA as collateral. By onboarding a variety of RWAs onto the Segment lending platform we are creating new opportunities for asset-backed lending and borrowing and facilitating a seamless market for both digital and traditional investors. # Liquidation Liquidation is determined by factors related to the collateral used to secure borrowed assets, which are used to calculate the initial borrowing capacity. When the outstanding borrowed amount in an account surpasses the predefined limits set by these collateral factors, that account becomes eligible for liquidation. Liquidation can be initiated by a liquidator, which can be a bot, smart contract, or individual user. This process involves invoking the "absorb" function, which transfers control of the account's collateral to the liquidator and returns the collateral's value to the user, minus a penalty known as the liquidation factor, in the form of the base asset. Each absorption is paid for by the protocol’s reserves of the base asset. In return, the protocol receives the collateral assets. If the remaining reserves are less than the target, liquidators are able to buy the collateral at a discount using the base asset, which increases the protocol’s base asset reserves. For a calculation example of a liquidation, you can check our [FAQ](/introduction/faq). # Collateral and Reserves {% tabs %} {% tab title="Collateral Factor" %} The Collateral Factor serves as the upper limit for the amount you can borrow against a particular asset. It reflects the extent to which an asset can be used as collateral within the protocol, affecting the borrowing capacity of the user. Assets with higher liquidity or larger market capitalization typically enjoy higher collateral factors. Conversely, smaller or less liquid assets tend to have lower collateral factors. When an asset possesses a collateral factor of 0%, it cannot be utilized as collateral for securing loans or be subject to seizure during a forced liquidation event. However, it's important to note that even assets with a 0% collateral factor can still be borrowed. **Example**: if the collateral factor for USDT is 90%, the maximum amount of FDUSD you would be able to borrow in other assets (assuming a deposit of 1000 USDT) would be $900. {% endtab %} {% tab title="Reserve Factor" %} The reserve factor is the percentage of Fee paid to Segment Finance Protocol. If the reserve factor is 10, then that would imply that 10% of the interest paid on the asset is for Segment Finance. {% endtab %} {% endtabs %} | TOKEN | COLLATERAL FACTOR | RESERVE FACTOR | | ----- | ----------------- | -------------- | | BNB | 75% | 25% | | BTCB | 80% | 20% | | ETH | 80% | 20% | | USDC | 80% | 10% | | USDT | 80% | 10% | # Interest Rate Model #### Overview Segment Finance offers variable interest rates for markets using two different models: the Jump Rate Model and the Whitepaper Rate Model. Each market operates under one of these models with specifically set risk parameters at the market's inception. Moreover, some markets feature a stable rate. **Jump Rate Model** The Jump Rate Model uses the following formulas to calculate the interest: For Borrow rate: ***borrow\_rate(u)=b+a1⋅kink+a1⋅min(0,u−kink)+a2⋅max(0,u−kink)*** And, for Supply rate: ***supply\_rate(u)=borrow\_rate(u)⋅us⋅(1−reserve\_factor)*** Where, ***us=borrows/ (cash+borrows−reserves+badDebt)*** The borrow rate employs different formulas when the utilization rate falls into two distinct ranges: If `u < kink`: ***borrow\_rate(u)=a1⋅u+b*** If `u > kink`: ***borrow\_rate(u)=a 1 ⋅kink+a 2 ⋅(u−kink)+b*** **Model Parameters** * `a1`: Variable interest rate slope1. * `a2`: Variable interest rate slope2. * `b`: Base rate per block (`baseRatePerYear / blocksPerYear`). * `kink`: Optimal utilization rate, at which the variable interest rate slope shifts from slope1 to slope2. * `reserve_factor`: Part of interest income withdrawn from the protocol, i.e., not distributed to suppliers. The utilization rate (`u`) is defined as: ***utilization\_rate=(borrows+bad\_debt)/(cash+borrows+bad\_debt−reserves)*** Where: * `borrows`: Amount of borrows in the market, in terms of the underlying asset, excluding bad debt. * `cash`: Total amount of the underlying asset owned by the market at a specific time. * `reserves`: Amount of the underlying asset owned by the market but unavailable for borrowers or suppliers, reserved for various uses defined by the protocol's tokenomics. * `bad_debt`: After liquidators repay as much debt as possible, reducing collateral to a minimal amount, the remaining debt is tagged as bad debt. Bad debt doesn’t accrue interest. **Whitepaper Rate Model** The Whitepaper Rate Model is simpler, where the borrow rate depends linearly on the utilization: For Borrow rate: ***borrow\_rate(u)=a⋅u+b*** For Supply rate: ***supply\_rate(u)=borrow\_rate(u)⋅us⋅(1−reserve\_factor)*** Where, ***us=borrows/(cash+borrows−reserves+badDebt)*** # Deployed Contracts ## Core Pools General | Contract | Bsc Mainet | Bsc Testnet | opBNB Mainnet | BOB Mainnet | | ------------------- | -------------------------------------------- | -------------------------------------------- | -------------------------------------------- | -------------------------------------------- | | Owner Multisig | `0xd76D8Ca186690CA2b6E0f6e3c5282DA70fb1dF3c` | | `0x1F41cFbBF95baC4F5A220700f78DbAa1E34B97D1` | `0x515d382D778a8F52d09d412088Bf21705FC7385d` | | Timelock | `0xC835E17Ca0b709527f94C345d4D7aa3b3069A4Ec` | | `0x26322eA932AD0be842901A881CdB5bdf81E5D3a1` | `0xF6Fc4382660D8A36f09987c1727A8aE118d2b68B` | | Unitroller | `0x57E09c96DAEE58B77dc771B017de015C38060173` | `0x7B6C69200fCEe97Aa65C6fa992aF2e38a24121bE` | `0x71ac0e9A7113130280040d0189d0556f45a8CBB5` | `0xcD7C4F508652f33295F0aEd075936Cd95A4D2911` | | Diamond (impl.) | `0xDEb81884F0405aAa777744A57E8F1097E0C92fa5` | `0x3988954f79D577A608F80c9Fbf7bcD4E480a75CE` | `0xaE2a97297EA09f82229076C9caff7c00A6140817` | `0x4FDaA6Fdbb93585A0e888Fa62f309f020e8e5879` | | Segment Lens | `0x31e98E70470d06955FB2634f3080ea663646856b` | `0xd93e53e91354A62C22BFe496Ccb9f6eA1eC498eB` | `0xf9fd960104998b981B0EcdA4bECda8f601a817E6` | `0x719af7eF0cBe54Cf84c1c76cCd72C5c135765113` | | Interest Rate Model | `0x62bB16e419FE71D9e42b1c77c806102Ac1B86d0a` | `0xBB6275a179B533E3CCD9e509D03A40081e9B72B2` | `0x882cc1DCf920cA591004706B0b71DB0aFBe181F8` | `0x07ea14c23A3f22d24825B5DdAd5cF18317BE397A` | | SEFVault | `0xC6BcBe182b0F85dBfF6b49DC81CecEe02A16fE57` | `0x1d6c4696A2C047807F5D938b046ec38e70BBa289` | | | | Segment Treasury | `0x3A833e6E977E0442E3CBE911507F8D9178F134B9` | `0x2ab79b2Ca5614431Ec562ECdE09184afEc510fBC` | `0x2f67784d367bAb5fd7b8Dc607504e0c8dE0aD696` | `0x648f73B760938be7db433819173E5048C0314074` | | Oracle | `0x763217cFeFac3B26191b1DCaE1926F65157B9A05` | `0x5e9f30eE7616114a317daF0A86aa9eE6917261AD` | `0xAacf634DD705D37e94C38EA68384e669D2b4d491` | `0xf0A54a488e0324E7d9D595CB648b1576b6ee3862` | | | | | | | ### Underlying tokens | | Bsc Mainnet | Bsc Testnet | opBNB Mainnet | BOB | | ----- | -------------------------------------------- | -------------------------------------------- | -------------------------------------------- | -------------------------------------------- | | BTC | `0x7130d2a12b9bcbfae4f2634d864a1ee1ce3ead9c` | `0x6ce8dA28E2f864420840cF74474eFf5fD80E65B8` | `0x7c6b91d9be155a6db01f749217d76ff02a7227f2` | `0x03C7054BCB39f7b2e5B2c7AcB37583e32D70Cfa3` | | ETH | `0x2170ed0880ac9a755fd29b2688956bd959f933f8` | `0xd66c6B4F0be8CE5b39D52E0Fd1344c389929B378` | `0xE7798f023fC62146e8Aa1b36Da45fb70855a77Ea` | `NATIVE` | | USDC | `0x8ac76a51cc950d9822d68b83fe1ad97b32cd580d` | `0x64544969ed7EBf5f083679233325356EbE738930` | | `0xe75D0fB2C24A55cA1e3F96781a2bCC7bdba058F0` | | USDT | `0x55d398326f99059ff775485246999027b3197955` | `0x337610d27c682E347C9cD60BD4b3b107C9d34dDd` | `0x9e5AAC1Ba1a2e6aEd6b32689DFcF62A509Ca96f3` | `0x05D032ac25d322df992303dCa074EE7392C117b9` | | FDUSD | | | `0x50c5725949A6F0c72E6C4a641F24049A917DB0Cb` | | | tBTC | | | | `0xBBa2eF945D523C4e2608C9E1214C2Cc64D4fc2e2` | | STONE | | | | `0x96147A9Ae9a42d7Da551fD2322ca15B71032F342` | | SOV | | | | `0xba20a5e63eeEFfFA6fD365E7e540628F8fC61474` | ### seTokens | | Bsc Mainnet | Bsc Testnet | opBNB Mainnet | BOB | | ------- | -------------------------------------------- | -------------------------------------------- | -------------------------------------------- | -------------------------------------------- | | seBNB | `0x5fceA94B96858048433359BB5278a402363328C3` | `0x7e844423510A5081DE839e600F7960C7cE84eb82` | `0x7e844423510A5081DE839e600F7960C7cE84eb82` | | | seBTC | `0x12CD46B96fe0D86E396248a623B81fD84dD0F61d` | `0x8B5abBF3c0D9914442a6b95f7Ac5F96B5eAeC17c` | `0x567558167F102BB45c0437F1Fd5a527c5c534c3C` | `0x6265C05158f672016B771D6Fb7422823ed2CbcDd` | | seETH | `0x3821175E59CD0acDa6c5Fd3eBB618b204e5D7eed` | `0x567558167F102BB45c0437F1Fd5a527c5c534c3C` | `0x81b98b2896f1F262714F12Be36264AA8E02A08D2` | `0xd7C6CC5AEf7396182c5D7EbdAc66fF674F3DdcF4` | | seUSDC | `0x8969b89D5f38359fBE95Bbe392f5ad82dd93e226` | `0x81b98b2896f1F262714F12Be36264AA8E02A08D2` | | `0xc344000a28F00E879c566f1Ec259da24D6279592` | | seUSDT | `0x44B1E0f4533FD155B9859a9DB292C90E5B300119` | `0x29797F6c9BDb375818fcB16C5565c31beCbA8d3f` | `0x7ADd376cF7b33B7d09B0F0f4Ef0a741C3cB95102` | `0x7414f14497be308e30ee345A0dcfC43623C179c2` | | seFDUSD | | | `0xfe62ba7400d902A9773dA9F7469dA457cF54a565` | | | seTBTC | | | | `0xD30288EA9873f376016A0250433b7eA375676077` | | seSTONE | | | | `0xfB71992Ed470632105F16C331a0C9365C8A4f613` | | seSOV | | | | `0x2136EbC7Be1E65fDB4A407Ac2874b3d6850A64c2` | ## Isolated Pools General | | Bsc Mainnet | Bsc Testnet | opBNB Mainnet | | -------------------- | -------------------------------------------- | -------------------------------------------- | -------------------------------------------- | | PoolRegistry | `0xb5983Ac361c827aDd2aEEFf800034174f9F54cf4` | `0x8c6C5e5B49e13cf50c777923E13531B957d37972` | `0xE890d810332bF468c56DCB3ceeE1E3c5299ECb83` | | PoolLens | `0x759Dd15bb7D910269A3B2b5d4BbC6953c91C4Cbe` | `0xA5e4D4b2CE9bc6e267987109EAb92e59136801FB` | `0x7a72b36E69D95e9bBd60ae5f5F55a80C767435FB` | | RiskFund | — | `0x4d5224af3d53D7A6c0683609692202cf35CCCd22` | | | ProtocolShareReserve | — | `0xeC53A905A4Fd8AED02464D7F7975f1F4c4f87d26` | | | Shortfall | — | `0x3f1512DB6579C68aE4235b68051A7F70b08c041E` | | | Comptroller (beacon) | — | `0xBa3835ED56A8b705a202642a83595cddC5b7B729` | | ### Token and Vesting | | Bsc Mainnet | Bsc Testnet | opBNB Mainnet | | --------------------- | -------------------------------------------- | -------------------------------------------- | ------------- | | SEF | `0x5de40c1152c990492eaeaeecc4ecaab788bbc4fd` | `0xC708fA2dCc61E0f8C9f3Cb3C1328A1226c8731CC` | | | Liquidity Generation | `0xF1C743Cc02EB58bdBA48cEa7137570F18B05fC12` | `0x53768ec2c489785e9EC1Db5CdCe06eC5f62541b1` | | | LGE Distributor | `0x48758B4aeE6F6752830Fa86dEDC7ce919Ea97155` | `0xEc3C78530116774B3dDB8B8cF534fBd207FC8dcB` | | | LGE Bonus Distributor | `0xd5F76751784E8e96966cbF8cFF026A1B7cAF0626` | `0xa1aF3FD83bf4CB49A7B2f2bdA43525ECe3Ffc97c` | | | | | | | # SEF Token **SEF Token** SEF is the limited supply governance token for the Segment Finance Protocol. SEF token holders will be able to participate in governance and shape the future of Segment Finance, as well as determine key parameters for the interest rate model, fee rates, and the distribution of protocol fees and reserves accrued to the Segment Finance Protocol. The total supply of SEF is 100.000.000. **sSEF Token** sSEF represents the staked version of SEF. The main goal for [staking](/tokenomics/staking-and-revenue-sharing) is to distribute protocol revenue and DEX rewards to SEF stakers. # Initial Distribution
| Distributed to | Token Amount | Percentage |
|---|---|---|
| Distributed to | Token Amount | Percentage |
| Community Incentives | 60.000.000 | 60 % |
| Team + Core Contributors (3 months cliff/2-year vest) | 15.000.000 | 15 % |
| Ecosystem Airdrops (Velodrome-Thena-Mendi) | 4.000.000 | 4 % |
| Sonne Team | 12.000.000 | 12 % |
| LGE Participants | 3.500.000 | 3.5 % |
| Initial Liquidity | 2.500.000 | 2.5 % |
| Community Airdrops | 3.000.000 | 3 % |
| Total | 100.000.000 | 100 % |
$SEF emission over months. y-axis represents $SEF amount, x-axis represents time (every 1 tick represents 1 month or specifically 30-days)
| Interval | DAYS | Emission/ month | Emission/ day | Protocol Liquidity Incentives/ day | Token Liquidity Incentives/ day |
|---|---|---|---|---|---|
| Interval | DAYS | Emission/ month | Emission/ day | Protocol Liquidity Incentives/ day | Token Liquidity Incentives/ day |
| 1 | 30 | 4661745 | 155391 | 124313 | 31078 |
| 2 | 30 | 4574609 | 152486 | 121989 | 30497 |
| 3 | 30 | 4400338 | 146677 | 117342 | 29335 |
| 4 | 30 | 4051797 | 135059 | 108047 | 27012 |
| 5 | 30 | 3543507 | 118116 | 94493 | 23623 |
| 6 | 30 | 2977126 | 99237 | 79390 | 19847 |
| 7 | 30 | 2541449 | 84714 | 67771 | 16943 |
| 8 | 30 | 2265520 | 75517 | 60414 | 15103 |
| 9 | 30 | 2091250 | 69708 | 55766 | 13942 |
| 10 | 30 | 1960547 | 65351 | 52281 | 13070 |
| 11 | 30 | 1873411 | 62447 | 49958 | 12489 |
| 12 | 30 | 1786276 | 59542 | 47634 | 11908 |
| 13 | 30 | 1699140 | 56638 | 45310 | 11328 |
| 14 | 30 | 1612005 | 53733 | 42986 | 10747 |
| 15 | 30 | 1524869 | 50828 | 40662 | 10166 |
| 16 | 30 | 1437734 | 47924 | 38339 | 9585 |
| 17 | 30 | 1365121 | 45504 | 36403 | 9101 |
| 18 | 30 | 1277986 | 42599 | 34079 | 8520 |
| 19 | 30 | 1205373 | 40179 | 32143 | 8036 |
| 20 | 30 | 1132760 | 37758 | 30206 | 7552 |
| 21 | 30 | 1074670 | 35822 | 28658 | 7164 |
| 22 | 30 | 1002057 | 33401 | 26721 | 6680 |
| 23 | 30 | 943967 | 31465 | 25172 | 6293 |
| 24 | 30 | 885876 | 29529 | 23623 | 5906 |
| 25 | 30 | 842309 | 28076 | 22461 | 5615 |
| 26 | 30 | 798741 | 26624 | 21299 | 5325 |
| 27 | 30 | 755173 | 25172 | 20138 | 5034 |
| 28 | 30 | 711605 | 23720 | 18976 | 4744 |
| 29 | 30 | 682560 | 22752 | 18202 | 4550 |
| 30 | 30 | 653515 | 21783 | 17426 | 4357 |
| 31 | 30 | 624470 | 20815 | 16652 | 4163 |
| 32 | 30 | 595425 | 19847 | 15878 | 3969 |
| 33 | 30 | 580902 | 19363 | 15490 | 3873 |
| 34 | 30 | 551857 | 18395 | 14716 | 3679 |
| 35 | 30 | 537335 | 17911 | 14329 | 3582 |
| 36 | 30 | 522812 | 17427 | 13942 | 3485 |
| 37 | 15 | 254144 | 16942 | 13554 | 3388 |
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