2023-12-12
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.
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.