Protocol Architecture
Main Structure
Seba combines smart contracts and backend services to manage validator participation, track performance, and distribute perpetual yield.
SebaPool Contract
The SebaPool contract is the entry point, handling validator registration, graduation tracking, and reward collection. Validators opt in by setting their fee address to the SebaPool contract, directing their execution and MEV rewards into the system.
Collected rewards are split:
Half are locked in the Yield Vault as principal to generate perpetual yield
The rest are converted into sBOLD and sent to the pybSeba Vault for distribution.
The current SebaPool contract is: 0xe3B17b4533b339d3CBC26F57199d3fb937129894
How Is Everything Tracked?
A backend service runs every five epochs to update validator stats, store them in AWS S3, and fetch data from Alchemy, Beaconchain, and Seba’s Subgraph. Secure blockchain transactions use wallets managed in AWS Secrets Manager.
How do you check for Stakers Union validators?
We check for Stakers Union NFT ownership on both Ethereum and Gnosis chains.
Yield Strategy
Yield strategy decisions start under multisig control and will move to DAO governance, with a target of 10% APY on locked principal.
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