Seamless Protocol launches plug and play Leverage Tokens as ERC-20 property on Base

Uncover key highlights within the Bitcoin house. This article dives into: “Seamless Protocol launches plug and play Leverage Tokens as ERC-20 assets on Base”.

Key Takeaways

• Seamless introduces Leverage Tokens, changing complicated DeFi methods into tradable ERC-20 property with automated rebalancing.
• The protocol helps over 250,000 wallets and has greater than $100 million in complete worth locked.

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Seamless Protocol launched Leverage Tokens on Base at present, introducing automated DeFi methods packaged as ERC-20 property that mix collateral, lending, swaps, and rebalancing capabilities right into a single token.

The protocol, which debuted in 2023 as Base’s first native lending and borrowing platform, at the moment helps over 250,000 wallets and maintains greater than $100 million in complete worth locked (TVL). In early 2025, Seamless transitioned to Morpho’s permissionless lending infrastructure.

The new Leverage Tokens construct upon the protocol’s Integrated Liquidity Markets (ILMs), which launched in 2024 and attracted over 6,500 customers.

At launch, the primary Leverage Token debuting on Seamless is a 17x yield loop constructed on Ether Fi’s weETH/ETH staking pair. By merely holding the token, customers achieve publicity to amplified ETH staking rewards whereas incomes ecosystem factors from Ether Fi and Eigenlayer.

There’s no have to handle the underlying loop, no borrowing, swapping, or guide rebalancing. The whole technique is embedded within the token’s logic and maintained on-chain by Seamless’s leverage engine.

The tokens make the most of a modular system comprising Collateral Adapters, Lending Adapters, and Rebalance Adapters to handle property, hook up with capital sources, and automate leverage changes. As customary ERC-20 tokens, they are often traded, used as collateral, or built-in with different DeFi protocols on Base.

Seamless plans to broaden its token choices to incorporate lengthy and quick blue chip publicity, delta-neutral yield farming, meme coin loops, and meta-strategies combining a number of primitives. The protocol may even implement a DAO-governed payment swap that directs token income to stkSEAM holders.

In conventional markets, leveraged ETFs hit $130 billion in property underneath administration by mid-2023. Seamless sees Leverage Tokens as a decentralized evolution of that mannequin, however with out the institutional gatekeeping, opaque threat, or restricted integrations.

Disclosure: Some traders in Crypto Briefing are additionally traders in Seamless Protocol.

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