DeFi Altcoin Project on Base Blockchain Lands on Coinbase’s Crypto Exchange

Coinbase, the leading US crypto exchange, has announced the listing of a new altcoin project. Seamless (SEAM), built on its Ethereum (ETH) layer-2 solution base. 

Shared through the Coinbase Assets account on X, the announcement reveals that SEAM is the first decentralized, non-custodial lending and borrowing protocol native to Base. Coinbase’s Base, powered by the Optimism (OP) development stack. Offers a secure, cost-effective, and developer-friendly platform for on-chain projects. SEAM, identified as the governance token for Seamless, is introduced as Base’s largest native lending protocol. 

Coinbase is listing SEAM amid its infancy, less than 24 hours old, and marked by volatility. Prompting its placement under the Experimental Label. Currently valued at $13.11, SEAM has experienced a 5.8% dip from its recent all-time high of $14.35. Achieved just hours ago.

Clever Robot News Desk 13^th December 2023