👋 Welcome to the SESH
SESH token is now officially live! This marks a significant milestone for the Session ecosystem.
The official contract addresses are as follows:
SESH Token Contract on Ethereum and Arbitrum One:
0x10Ea9E5303670331Bdddfa66A4cEA47dae4fcF3b
Session Node Rewards Contract:
0xC2B9fC251aC068763EbDfdecc792E3352E351c00
Reward Rate Pool Contract:
0x11f040E89dFAbBA9070FFE6145E914AC68DbFea0 Service Node Contribution
Factory Contract:
0x8129bE2D5eF7ACd39483C19F28DE86b7EF19DBCA
The liquidity pools are available here:
Ethereum Uniswap Pool: https://app.uniswap.org/explore/pools/ethereum/0x249afd31a49d9bd44259b8f03dd74030d7d41153bc891d12f469c5cb94b03729
Arbitrum One Uniswap Pool: https://app.uniswap.org/explore/pools/arbitrum/0x249afd31a49d9bd44259b8f03dd74030d7d41153bc891d12f469c5cb94b03729
Verified listings on Coingecko and Dexscreener are currently in progress and will be available soon. Until then, all community members are strongly advised to verify contract addresses against the list above. Contract addresses can always be found here.
🔥 Staking Portal Activation
The Session Network Staking Portal is now fully operational on mainnet: https://stake.getsession.org/
This portal allows SESH holders to participate in network security and earn rewards through staking their tokens and running nodes.
🧪 Testnet Participant Rewards
For All Testnet Participants
Your SESH testnet rewards have been successfully allocated to the wallet addresses you used during the testnet phase. To access and stake these rewards, connect your participating wallet to the Staking Portal and follow the prompts to enable Vesting Mode and begin staking your SESH token.
For Outstanding Contributors
The SESH Champions Bonus program for exceptional testnet contributions will distribute additional rewards in the coming weeks. These bonuses recognize participants who went above and beyond during the testing phase. Further announcements will be made in the Session Token Community on Discord.
🔄 Oxen Service Node Operators & Contributors
If you were registered in the Service Node Bonus program, your staked OXEN has been automatically converted to SESH. Additionally, you've received SESH allocations proportionate to your accumulated Bonus points.
Depending on your total SESH allocation, some or all of your nodes may have been automatically restaked on the Session Network. To verify the status of your nodes:
- Connect your wallet to the Staking Portal
- Navigate to the My Stakes page to check for active nodes. If you have active nodes, this means your SESH was restaked.
- If your node wasn't automatically restaked, you'll find your unlocked SESH available under "Unclaimed Rewards" on the same page
How to claim your excess SESH from the Staking Portal
- Head to https://stake.getsession.org/mystakes and connect your wallet that you were signed up to the Service Node Bonus Program with. Make sure your wallet is on the Arbitrum One network, not Ethereum.
- If you have excess SESH*, you'll see it under Unclaimed Rewards on your My Stakes page
- Hit the 🎁 Claim button and approve the claim via the popups in your wallet.
*Excess SESH is comprised of SESH converted from your staked OXEN, and SESH you earned from the Service Node Bonus Program that was not able to be restaked to a node during the migration. If you don't have excess SESH to claim, but you do have Active Nodes on your My Stakes page, this means all your nodes were restaked successfully!
💱 For OXEN Token Holders
All OXEN holders can now exchange their tokens for SESH through this dedicated Coin Claims Portal. There are two ways to convert OXEN to SESH via the Claims Portal.
OXEN>SESH on the Arbitrum One Network (these tokens can be staked to the Session Network straight away)
wOXEN>SESH on the Ethereum Network (these tokens will subsequently need to be bridged to the Arbitrum One Network to be staked)
The conversion rate from OXEN to SESH will be 1 OXEN = 0.54 SESH.
This rate is designed to ensure a fair and equitable migration of OXEN holders to the Session network.
Although this program will run indefinitely, after 6 months the conversion rate will decrease from 1 Oxen = 0.54 SESH to 1 Oxen = 0.37 SESH. OXEN holders should claim within the first 6 months to ensure the best rate.
How to use the Oxen Coin Claims Portal
- Head to https://claim.oxen.io/ and select whether you want to convert OXEN>SESH (on Arbitrum) or wOXEN>SESH (on Ethereum)
- For OXEN>SESH, enter your Arbitrum wallet address or connect your wallet, then follow the instructions to send your OXEN to the indicated OXEN address. You'll then see a pending transaction on the page (refresh the page if it doesn't appear). Once the transaction is confirmed SESH will be sent to your provided Arbitrum wallet address. This may take around 20 minutes.
- For wOXEN>SESH, connect your Ethereum wallet and follow the instructions to approve your wOXEN to swap, then approve the swap via the popups in your wallet.
To view SESH in your wallet, follow this guide.
💰 Larger Staking Reward Pool
An additional 23,177,550 SESH tokens have been added to the Staking Reward Pool, increasing the total pool size from 40,000,000 to 63,177,550 SESH at TGE.
Important Note on Reward Calculation: While the full 63,177,550 SESH will be in the pool from Token Generation Event (TGE) day, initial reward calculations will be based on the original 40,000,000 SESH genesis provision parameter. This is due to a security mechanism designed to prevent manipulation of the network.
The reward calculation will gradually adjust to reflect the actual 63,177,550 SESH balance over approximately 30 days. This security feature intentionally limits how quickly reward rates can increase between blocks, ensuring long-term network stability.
👀 What's Next?
Stay tuned to this blog and the Session Token Discord for upcoming announcements about the next step on Session's roadmap: Session Pro. SESH will be used to unlock premium features in Session messenger. Learn more here.