Session TokenPrice

(SESH)

SESH is an EVM-compatible token serving as the native cryptocurrency for the Session ecosystem. It powers the Session messenger, a decentralized, end-to-end encrypted messaging application focused on privacy and censorship resistance. SESH provides a sustainable incentive layer for the underlying Session Network, ensuring its decentralized operation. Unlike centralized messaging services reliant on a single entity, SESH helps maintain a network infrastructure that champions user privacy and data sovereignty by incentivizing a distributed community of node operators.

SESH has several key uses within the Session ecosystem. Users can stake SESH to run or contribute to Session Nodes, which are vital for routing and storing encrypted messages and maintaining network integrity. Node operators receive SESH as rewards for validating transactions and providing storage. Additionally, SESH can be used to unlock advanced or premium features within the Session messenger, such as Session Pro unlocks and the registration of unique Session Names, enhancing the user experience.

The Session Network is a Decentralized Physical Infrastructure Network (DePIN) comprised of community-operated Session Nodes. These nodes are crucial for storing and routing encrypted messages, securing the network, and upholding its appchain. SESH is fundamental to this network's operation by providing incentives to node operators through its staking and rewards mechanism. This economic model ensures the network's stability, security, and scalability by encouraging active participation and discouraging malicious behavior, making it truly decentralized.

The maximum supply of Session Token is 240,000,000, with an initial circulating supply of 79,000,000 at genesis. The tokenomic system is designed for dynamic flow: SESH tokens flow out of circulation when used for premium features or staking, and re-enter circulation as network rewards for node operators. When SESH is spent on features like Session Pro or Session Names, it is burned. Crucially, 90% of these burned tokens are then reminted into the Staking Reward Pool, while the remaining 10% contributes to protocol-owned liquidity.

Session Token is deployed on Arbitrum One, an Ethereum Layer 2 scaling solution. This platform was chosen due to its performance, reliability, and significantly reduced gas fees compared to the Ethereum mainnet. Utilizing Arbitrum ensures that transactions within the Session ecosystem are efficient and cost-effective for users and node operators alike. Furthermore, users will also have the flexibility to bridge SESH to and from the Ethereum mainnet, providing interoperability while leveraging Arbitrum's scaling advantages.

No, the Session messenger application will always remain free to use for its core functionalities. Users do not need to own or spend SESH simply to send and receive messages. SESH is primarily intended for unlocking premium features, such as enhanced user experiences like Session Pro or personalized Session Names, and for participating in the network's decentralized infrastructure by staking. This ensures broad accessibility of the privacy-focused messaging service while offering additional value and participation options through the token.