Seamless Protocol
Lending
Description
Seamless Protocol distinguishes itself as the first decentralized, non-custodial lending and borrowing platform on the Base network, with its novel Integrated Liquidity Markets (ILMs) for undercollateralized, permissionless loans. Governed by the community via the SEAM token, it fosters a democratic, decentralized approach to DeFi, emphasizing user engagement in governance without the need for external fundraising. Governance combines offchain and onchain processes, with delegation enabling voting and proposal creation.
Value Proposition
Seamless Protocol emerges as the Base network's decentralized, non-custodial lending and borrowing platform, quickly becoming its largest native liquidity market. Its unique Integrated Liquidity Markets (ILMs) allow for undercollateralized, permissionless loans, challenging the traditional overcollateralized lending model. By utilizing proven smart contract codes from Aave v3 and Ampleforth Geyser v2, Seamless ensures high security and reliability without altering the original contracts. As a community-governed project, it emphasizes decentralization and engages users in governance, bypassing external fundraising.
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Programs
Art
Developers
General
Growth
RPGF
Superchain
Users
Ventures
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Events
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Insights
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Contributors
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