Coinbase has listed SEAM, the governance token of Seamless Protocol, marking a strategic expansion into decentralised finance (DeFi) offerings.
Coinbase continues its trend of selective day-one token listings, with SEAM joining other recently added tokens like Big Time's gaming token and Jito’s JTO token.
Seamless Protocol, the platform behind SEAM, distinguishes itself by launching as a fork on Aave v3 and not raising funds through equity sales or the SEAM token, underscoring its commitment to a fair launch ethos.
Of its 100 million total token supply, 69% is allocated to the community, highlighting the protocol’s focus on community engagement and reward.