SEAM is the governance token of Seamless Protocol. Seamless Protocol paves the way for Modern DeFi with an easy-to-use decentralized lending and borrowing protocol offering both over- and under- collateralized loans. The protocol is entirely community-governed and permissionless with no investor public or private sales, raising the bar of decentralization.


## Who are the contributors to Seamless Protocol?

Contributors and advisors have backgrounds from Aave, Coinbase, Uniswap, CertiK, Maple Finance, Ampleforth, GameStop and more.


## What Is Innovative in Seamless?

Seamless advances traditional DeFi by pairing higher capital efficiency with a more simple user experience to inspire the masses. The app offers traditional, overcollateralized borrowing—like seen in Compound and Aave—as well as the innovation of integrated, undercollateralized borrowing that use smart contracts to maintain borrowing strategies.

These are called “ILMs” (Integrated Liquidity Markets) where users can choose from a growing set of strategies to borrow for—from looping LST exposure to magnifying delta-neutral positions. Seamless is a one-stop-shop and fully composable, enabling users to choose from existing crypto markets or offer new markets.


## What are some integrations for a more Seamless experience?

Seamless integrated LI.FI directly into the dapp, enabling bridging & swapping onto Base from any other chain in just 1 click. Additionally, Seamless is a launch partner of Coinbase's Subscribe function, where subscribers can receive updates from projects directly into their wallets.


## What does Modern DeFi look like?

Modern DeFi should be fast, cheap, easy-to-use, multichain, efficient, and effective. Seamless lays the foundation for modern DeFi with crosschain bridging, swapping, supplying, and borrowing, all-in-one-place.