SENECA Protocol

Introducing SENECA Protocol, a game-changing DeFi platform that combines liquid staking and collateralized debt positions (CDPs) to offer exciting opportunities for users. By depositing whitelisted yield-bearing assets as collateral, users can borrow senUSD, a stable token pegged to $1. The protocol leverages Arbitrum and Layerzero's omnichain technology to expand to various chains.

Governance is gradually decentralized to a DAO comprising veSEN holders, enabling decision-making on liquidity chambers, adding new collaterals, and protocol fees. The SEN and veSEN tokens drive the ecosystem, offering real yield and voting rights.

With security as a priority, audits by leading companies ensure the safety of smart contracts before launch.
SENECA's features include independent debt collaterals, a bootstrapping phase for reliable assets, senUSD pegging through arbitrage, and cross-chain collateralization.

Revenue generated through lending market operations is shared with veSEN holders and potentially used for SEN buyback and burn, offering a net deflationary outlook.

Token supply distribution and team details are transparent, providing users with confidence.

10% unlock at TGE. 90% over next 3 months
Total token supply: 100,000,000
Token supply at TGE: 8,77,5000 ( 8.78%) (700k Market Cap) 
Token supply after 48 Hours: 19,77,5000 (19.78%) (Assuming no veSEN locking up)
Token supply after 3 months: 43,72,8000 (43.7%) (Assuming no ve SEN locking up)
Token supply after 1 year: 67,00,0000 (67%) (Assuming no vsSEN locking up)

In summary, SENECA Protocol's competitive edge lies in its innovative combination of liquid staking and CDPs, its cross-chain capability, community-driven governance, revenue-sharing mechanisms, security measures, and prudent asset selection. These factors position SENECA as a formidable player in the DeFi landscape, offering users enhanced opportunities and benefits compared to traditional platforms.