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REGULATION
by
1 year ago

Why SEAM token price goes up 40% today?

2023-12-12

REGULATION
by
1 year ago


www.seamlessprotocol.com 


Seamless Protocol is a lending and borrowing protocol. It was developed by Aave, Uniswap, Coinbase, Maple Finance, and CertiK. Seamless Protocol is a fork of Aave v3. The platform runs on Base chain. It currently has $54.39 million TVL.

 

SEAM is the governance token of Seamless Protocol. SEAM has max supply of 100 million tokens. Community can use SEAM tokens to propose updates on the protocol.

 

SEAM token allocation


69% - Community

20% - Ecosystem support and foundation

8% - Core contributors

3% - Community contributors

 


Coinbase Assets 🛡️📞 on X: "Seamless (SEAM) is now live. 



Why SEAM token price goes up 40% today?

The main reason SEAM price goes up 40% today because Coinbase listed SEAM on Dec 12, 2023. Another reason is Coinbase is the supporter of Seam protocol which help it attract users and increase TVL.

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