Seamless

Aave

Token

Big Time

Coinbase, a major player in the crypto exchange market, has made a significant move by listing SEAM, the governance token of Seamless Protocol. This decision marks a new chapter in the exchange’s offerings, especially as SEAM is a Base-based token, a notable pivot in Coinbase’s strategy. 
<h2 id="seamless-integration-with-coinbase-s-day-one-listings">Seamless Integration with Coinbase’s Day-One Listings</h2> 
Coinbase has a reputation for its selective day-one listings, where tokens become available on the platform on the same day as their generation event. Consequently, SEAM has joined this exclusive club alongside <a href="https://coingape.com/jito-launches-jto-token-airdrop-for-its-solana-defi-community/">recent additions </a>like the gaming token Big Time and Jito’s JTO token. This listing strategy emphasizes Coinbase’s commitment to offering its users fresh and promising digital assets. 
Seamless Protocol operates as a decentralized lending and borrowing platform. Launched as a fork on Aave v3, an Ethereum-based protocol, it is built on Base, an Ethereum Layer 2 network incubated by Coinbase. In addition, the project stands out for not raising funds through equity sales or the SEAM token, highlighting its commitment to a fair launch approach. 
<h2 id="seam-airdrop-a-community-centric-approach">SEAM Airdrop: A Community-Centric Approach</h2> 
The SEAM airdrop commences in tandem with the token’s <a href="https://coingape.com/sei-price-surges-30x-coinbase-listing-sei-mainnet-launches/">listing</a>. The token’s total supply is capped at 100 million, with a significant 69% allocated to the community. This distribution strategy reinforces the Protocol’s community-focused ethos. However, eligible users for the airdrop are early supporters who participated in various community activities and quests. 
Coinbase’s addition of SEAM is more than just a new token listing since it represents a broader shift in the platform’s approach to decentralized finance (DeFi). Moreover, as a native Base-based project, SEAM’s inclusion is a testament to the growing influence of DeFi platforms and their tokens in the broader crypto market. 
Read Also: <a href="https://coingape.com/us-senator-elizabeth-warren-targets-crypto-in-new-regulatory-bill/?utm_source=cgtelegram">US Senator Elizabeth Warren Targets Crypto in New Regulatory Bill</a> 
The post <a href="https://coingape.com/coinbase-announces-seam-token-listing-and-airdrop/">Coinbase Announces SEAM Token Listing and Airdrop</a> appeared first on <a href="https://coingape.com">CoinGape</a>.

Coinbase Announces SEAM Token Listing and Airdrop

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