Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain
Coinbase, the largest crypto change within the US, is itemizing a brand new altcoin mission constructed on its proprietary Ethereum (ETH) layer-2.
In a brand new announcement made by the Coinbase Belongings account on the social media platform X, Coinbase announces they’re itemizing Seamless (SEAM).
In response to the Seamless web site, the crypto mission is the primary “native, decentralized, non-custodial lending and borrowing protocol” constructed on the Coinbase-backed layer-2 scaling resolution Base.
Challenge incubator Coinbase says Base is designed to supply a secure, low-cost, developer-friendly option to construct on-chain. The layer-2 community is powered by the Optimism (OP) growth stack and is appropriate with Ethereum, Ethereum layer-2s and different EVM chains.
In response to Seamless, SEAM is the protocol’s new governance token.
“SeamlessFi is worked up to introduce SEAM, the governance token of Seamless, which is Base’s largest native lending protocol!”
Coinbase is itemizing SEAM as the brand new governance token is being airdropped.
At time of writing, SEAM is lower than 24 hours previous, making it comparatively risky, which is why Coinbase is itemizing the asset beneath its Experimental Label.
SEAM is at present value $13.11, down 5.8% from its all-time excessive of $14.35, reached mere hours in the past.
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