FAQs

Will there be more airdrops?

Yes, shortly after this initial airdrop, a subsequent airdrop will take place to reward early ecosystem participants.

How long do I have to claim this airdrop?

You have 3 months to claim within your airdrop! If not claimed within the 3 month timeframe, the SEAM tokens will return to the Seamless DAO which is community governed.

What is SEAM?

SEAM is the fair launch utility governance token of Seamless Protocol. With SEAM, the community continues evolving and decentralizing while pursuing its vision to pave the way for modern DeFi.

How To Earn SEAM Tokens

SEAM tokens are rewarded to users of the Seamless Protocol (such as liquidity suppliers or borrowers). To get started, follow this Step-by-Step Guide to Supplying and Borrowing.

The entire Community Liquidity Mining allocation is available for this particular distribution mechanism, with the weightings, amounts and rates of rewards determined through onchain governance and bound by smart contract logic to follow a five year emission schedule.

What are SEAM Tokens Used For?

SEAM tokens are used for governance of Seamless Protocol and its wider ecosystem of smart contracts and community. SEAM tokens are based on OpenZeppelin’s industry-leading smart contracts, inspired by Compound, and must be delegated in order for the voting power to be enabled.

Community members may use SEAM tokens to propose updates to Seamless Protocol, and if certain thresholds are attained, the smart contract changes are automatically executed by timelock Governor contracts.

For more information on how to delegate and utilize SEAM for governance, reference the docs found in the governance section of the gitbook.