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Coinbase Base Gets Its First Token as Seamless Protocol Unveils ERC-20 SEAM Token
Seamless Protocol, a prominent project within Coinbase’s Base ecosystem, has launched its governance tokens for trading on the crypto exchange under the ticker SEAM starting at 18:00 UTC on Monday, December 11.
As a leading lending and borrowing protocol on the layer-2 blockchain, Seamless boasts a substantial total value locked (TVL) exceeding $10 million. SEAM, the inaugural Base token, will debut on Coinbase.
The distribution of SEAM occurred through an airdrop, rewarding users based on their engagement with the Seamless platform, including activities like providing funds to pools and participating in borrowing transactions. It’s noteworthy that SEAM tokens did not undergo any public or private sale.
Crypto exchange Coinbase cautioned users against sending this asset over different networks to prevent potential fund loss. Moreover, transfer services for SEAM are accessible o
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