Sectora Foundation has moved four of its products into the final testnet phase. The suite includes the Sectora L3 network, the SectoraScan explorer, a decentralized exchange, a hash market, and the Sectora Shield security engine. The team is currently performing a series of 15 network and validator tests, with the fourth stage already completed.
The native SECT token is currently trading on Uniswap as an SECT/USDT pair on the Ethereum network. The token has a total supply of 50 million units and a market capitalization of approximately $5 million. Liquidity for the asset is locked via Team Finance, and the project has undergone a security audit by Cyberscope.
The foundation has implemented a deflationary mechanism for the token. A one-time burn of 50 percent of the total supply is scheduled for March 15, 2027, which will cap the supply at 25 million tokens. Additionally, 80 percent of proceeds from hash power purchases on the upcoming hash market will be used for token buybacks and burns.
The project has launched a staking program on the Ethereum mainnet, offering an annual percentage yield of 14.9 percent. Rewards are distributed from a dedicated pool of 1,490,000 SECT tokens. Users can deposit and withdraw their holdings at any time without lock-up periods or penalties, with the staking contract code verified on Etherscan.
