$SERA token

$SERA — utility overview

31 utilities across four mechanisms: access (stake), consumption (burn), earning (payout), and bonds (skin in the game).

$SERA is the working token of the terminal. It is not a governance token and it does not pay staking APY. Every utility below has a buyer, a marginal cost, or a verifiable payout.

Four mechanisms

Stake $SERA to unlock12
Access

Staked $SERA gates the terminal's premium surface: lower fees, more slots, deeper history, higher throughput.

Burned on use12
Consumption

Metered features price in $SERA and burn it per request. Real compute, real marginal cost, real sink.

Paid out in $SERA5
Earning

Wallets, referrers, and agent authors earn from the flow they bring in — paid in $SERA, vested on retention.

Skin in the game2
Bonds & Listings

Publishing a strategy or buying placement requires posted $SERA. Misreporting forfeits it; promotion is always labeled.

All 31 utilities

  • 01
    Fee tiers
    Staking lowers your swap fee on routed trades, scaled by tier.
    Day one
  • 02
    Fee payment discount
    Pay trading fees in $SERA instead of stablecoins for a further cut off the rate.
    Day one
  • 03
    Premium terminal
    Stake instead of paying the monthly USDC subscription.
    Day one
  • 04
    Tracked wallet slots
    The number of wallets you can monitor scales with stake.
    Day one
  • 05
    Active order slots
    Limit, stop, and auto-snipe orders you can keep running at once.
    Phase 2
  • 06
    Alert bot seats
    Telegram and Discord alert relays, allocated per tier.
    Phase 2
  • 07
    Private relay routing
    MEV-protected execution that skips the public mempool.
    Phase 2
  • 08
    Historical archive depth
    How far back you can query tape and flow history.
    Phase 2
  • 09
    API rate limits
    Requests per second scale with stake.
    Phase 2
  • 10
    Machine routing rights
    Agents need a staked account to route through Seranox; stake sets their throughput. Machine flow needs different throttling than human flow.
    Phase 3
  • 11
    Beta access
    New features open to staked accounts first.
    Phase 2
  • 12
    Team seats
    Trading groups pool stake into shared multi-seat accounts.
    Phase 3

Value accrual

Not utility. Listed separately on purpose.

  • Revenue buyback — Protocol fees accrue in stablecoins and buy $SERA on the open market. No emissions, no farming. Zero revenue, zero buyback.
  • Points conversion — Volume routed through the terminal before launch converts to $SERA at TGE — listed on Uniswap, Robinhood Chain. Earned by usage, not sold.
Zero revenue, zero buyback

The buyback is funded by protocol fees only. There are no emissions to backstop it.

Value accrual
Buyback and points conversion in detail.
Not included
What was deliberately left out, and why.