Seamless Protocol Launches Leverage Tokens on Base
Seamless Protocol Launches Leverage Tokens on Base
Seamless Protocol has launched Leverage Tokens on Base, offering automated DeFi strategies packaged as user-friendly ERC-20 assets. These tokens integrate collateral, lending, swaps, and automated rebalancing into a single, easily tradable unit.
Key Features and Benefits
- Simplified DeFi: Access complex DeFi strategies without the technical complexities.
- Automated Rebalancing: Your investment strategy is automatically adjusted on-chain.
- ERC-20 Compatibility: Trade, use as collateral, or integrate with other Base DeFi protocols.
- Transparency and Security: Built on a modular system with Collateral, Lending, and Rebalance Adapters for enhanced control and risk management. Consider seeking a security audit for your own projects with Codeum's smart contract audit services.
Seamless Protocol, launched in 2023 as Base's first native lending and borrowing platform, boasts over 250,000 supported wallets and more than $100 million in total value locked (TVL). The protocol transitioned to Morpho's permissionless lending infrastructure in early 2025.
Leverage Tokens utilize the protocol's Integrated Liquidity Markets (ILMs), launched in 2024 and already serving over 6,500 users. The first Leverage Token offers a 17x yield loop on Ether Fi's weETH/ETH staking pair, providing amplified ETH staking rewards plus ecosystem points from Ether Fi and Eigenlayer.
Seamless aims to expand its Leverage Token offerings to encompass long/short blue-chip exposure, delta-neutral yield farming, meme coin loops, and meta-strategies. A DAO-governed fee switch will direct token revenue to stkSEAM holders.
Seamless views Leverage Tokens as a decentralized evolution of leveraged ETFs, exceeding traditional models with increased transparency and expanded DeFi integration. Codeum offers tokenomics and security consultation services to help you navigate the complexities of token design and security best practices.
Disclosure: Some investors in Crypto Briefing are also investors in Seamless Protocol.
Codeum provides comprehensive blockchain security and development services, including smart contract audits, KYC verification, custom smart contract and DApp development, tokenomics and security consultation, and partnerships with launchpads and crypto agencies. Contact us today to discuss your project needs!