The new SYNTHETICS Platform

Selenium acts as a reflection of the traditional market, transferring its features onto the blockchain.

WhitePaper Docs

Selenium is a DeFi protocol powered by smart contracts on the Terra Classic network that enables the creation of synthetic assets called Selenized Assets. Selenium synthetic assets follow the price behavior of real-world assets and give traders anywhere in the world open access to price exposure without the burdens of owning or transacting real assets.

Let's do things right!
Objectives
1
Global Accessibility
Provide access to global financial markets in a transparent and intermediary-free manner.
2
Complete Decentralization
All governance and operational processes are managed by the community through the Selenium token.
3
Incentives for Participation
Users who provide liquidity or participate in the protocol are rewarded with Selenium.
4
Security and Transparency
The protocol utilizes audited and open-source smart contracts to ensure security and transparency in operations.
THE PROTOCOL
Selenium Protocol is an innovative decentralized finance (DeFi) platform designed to provide global access to synthetic assets. Through Selenized Assets (sAssets), users can replicate the price of any real-world asset, such as stocks, commodities, and indices, without needing to directly own the underlying securities. Selenium opens up new opportunities for investment and trading for anyone, anywhere, eliminating geographical and regulatory barriers. The protocol operates on a robust and decentralized blockchain, ensuring a secure, fast, and low-cost experience. Selenium is powered by the SELE token, which plays a central role within the ecosystem, providing incentives for those who contribute to the growth of the platform.
FOUNDATION/PILLARS
Foundation
First Pillar
Creation of Selenized Assets (Minting)
The first pillar of the protocol is the ability for users to create Selenized Assets. This process takes place by depositing collateral such as supported stablecoins or cryptocurrencies, ensuring that each synthetic asset is fully backed. Full collateralization not only enables the creation of the assets but also protects the system from insolvency events, maintaining the stability and security of the protocol.
Second Pillar
Decentralized Trading
The second pillar is decentralized liquidity. Selenized Assets can be freely traded on decentralized exchanges (DEX) like terraport.finance, providing users with a trustless environment for fast, secure, and transparent transactions. This ecosystem fosters the growth of a fluid and dynamic market, where synthetic assets can be used for various purposes, from speculation to hedging risk.
Third Pillar
Liquidity Provision
The third pillar is liquidity provision. Users who contribute liquidity to the protocol’s pools receive LP tokens. These tokens not only represent their share in the pool but also offer incentives in the form of Selenium rewards and trading fees generated on the DEX. This mechanism rewards users for their contribution, incentivizing market growth and robustness.
Fourth Pillar
Decentralized Governance
The final pillar is protocol governance. Selenium token holders have the power to actively participate in the decision-making process, influencing key proposals and strategic changes. This includes important decisions such as the introduction of new synthetic assets on the platform, making governance a democratic mechanism that guides the evolution of the protocol in line with the community's interests.
Find out more about the protocol and the benefits you could get by joining directly with the community.
Join to Selenium community!
Roadmap
Protocol Launch
2024
Fourth Quarter
Project launch through Terraport Launchpad and
presale
We will start with the Launchpad on Terraport, to present the project to the community and increase our visibility. Subsequently, fundraising will take place through a presale on selenium.finance, where early investors will have access to unique benefits and the opportunity to participate and support the development of the protocol.
Protocol demonstration with testnet launch
To showcase the capabilities and security of our protocol, we will initially launch it on testnet and make it available in a trial version for users. This phase will allow us to highlight its functionalities in a controlled environment, gathering valuable feedback before the final release.
Development of strategic partnerships
Throughout the project, we will aim to establish strategic partnerships with key players both within and outside the Terra Classic ecosystem. These collaborations will strengthen our presence and accelerate the adoption of our technology.
Audit process post-presale
Once the presale phase is concluded, we will begin the protocol audit process and make the smart contracts open-source. This will ensure maximum security and transparency of our code, increasing trust among the community and future investors.
Token distribution and
official protocol launch
After the audit, we will proceed with the token distribution to both presale investors and eligible users from the Terraport Launchpad airdrop. The protocol will then officially launch on the Terra Classic mainnet.
CEX Integration
2025
First Quarter
Listing on centralized exchanges (CEX)
The Selenium token will be listed on one or more centralized exchanges (CEX), increasing liquidity and accessibility for a wider audience. This represents a key step in the growth of the ecosystem.
Implementation of a cross-chain system for synthetic assets
To foster a dynamic market, we will integrate a cross-chain system for synthetic assets. This will enhance the trading experience and liquidity, allowing users to trade assets across different blockchains compatible with EVM networks.
Development of a management interface for synthetic assets
Once synthetic assets are launched on EVM networks, we will implement a user-friendly UI for managing these assets. Users will be able to easily manage, trade, and monitor their synthetic investments, optimizing control over their positions.
2024
Protocol Launch
Fourth Quarter
Project launch through Terraport Launchpad and presale
We will start with the Launchpad on Terraport, to present the project to the community and increase our visibility. Subsequently, fundraising will take place through a presale on selenium.finance, where early investors will have access to unique benefits and the opportunity to participate and support the development of the protocol.
Protocol demonstration with testnet launch
To showcase the capabilities and security of our protocol, we will initially launch it on testnet and make it available in a trial version for users. This phase will allow us to highlight its functionalities in a controlled environment, gathering valuable feedback before the final release.
Development of strategic partnerships
Throughout the project, we will aim to establish strategic partnerships with key players both within and outside the Terra Classic ecosystem. These collaborations will strengthen our presence and accelerate the adoption of our technology.
Token distribution and official protocol launch
After the audit, we will proceed with the token distribution to both presale investors and eligible users from the Terraport Launchpad airdrop. The protocol will then officially launch on the Terra Classic mainnet.
Audit process post-presale
Once the presale phase is concluded, we will begin the protocol audit process and make the smart contracts open-source. This will ensure maximum security and transparency of our code, increasing trust among the community and future investors.
End Of The Year
2025
CEX Integration
First Quarter
Listing on centralized exchanges (CEX)
The Selenium token will be listed on one or more centralized exchanges (CEX), increasing liquidity and accessibility for a wider audience. This represents a key step in the growth of the ecosystem.
Implementation of a cross-chain system for synthetic assets
To foster a dynamic market, we will integrate a cross-chain system for synthetic assets. This will enhance the trading experience and liquidity, allowing users to trade assets across different blockchains compatible with EVM networks.
Development of a management interface for synthetic assets
Once synthetic assets are launched on EVM networks, we will implement a user-friendly UI for managing these assets. Users will be able to easily manage, trade, and monitor their synthetic investments, optimizing control over their positions.
More to come!