“The optimization that Sei has built into its core layer 1 makes it a clear destination for DeFi apps. They have addressed some of the major issues that teams come across on other ecosystems and we’re already starting to see apps move over.”

https://www.globenewswire.com/news-release/2022/08/31/2507547/0/en/Update-Sei-Raises-5M-Led-by-Multicoin-Capital-to-Build-the-First-Layer-1-Blockchain-Optimized-for-DeFi.html