Coinbase listed SEAM, the governance token of the Base network-based decentralized lending and borrowing platform Seamless Protocol, and announced the start of the airdrop of this token.
SEAM became the first and only native Base-based project token listed on Coinbase. It also made history as the first governance token with a fair launch airdrop commemorated on-chain through spirit-linked points and custom NFTs, distributed based on each user's participation in the ecosystem.
With its listing on launch day, SEAM joined the list of first-day tokens that went live on the same day.
Coinbase recently listed gaming token Big Time and Solana-based liquid staking protocol Jito's JTO token as part of their first-day listings.
According to a statement from the SEAM team, Coinbase Day One listings are the most special listings because no token kind of exists until it is listed on Coinbase.
Seamless Protocol launched in September as a hardfork on Aave v3, an Ethereum-based DeFi lending protocol.
The total supply of the SEAM token is set at 100 million. 69% of this will go to the community, with the rest going to the ecosystem support and foundation (20%), key contributors (8%), and community participants (3%).
*This is not investment advice.
