DeFi is constantly innovating. It’s important to follow key trends to see where the market is moving and to stay current and competitive. In this same spirit, Seamless Protocol contributors are always digging into fresh ideas to make the protocol more efficient and sustainable for everyone who uses it. As DeFi evolves, Seamless contributors are right there, cooking features to make borrowing, lending, and managing funds feel, well, Seamless!

In 2025, the priority is building out tokenized leverage, with a focus on an innovative borrowing experience that anyone on @Base (and beyond) can use.

The first half of 2025 is clear and detailed since work has already been started. But as we all look further out to Q3 and Q4, the quest might shift depending on macro market conditions, new tech developments, or unexpected partnerships and opportunities.

Whatever happens, the 2025 Product Roadmap remains the north star, and core contributors will stay close with the community to roll with what comes.

Strategic Objectives and Priorities

In 2025, a few overarching strategic priorities will guide all efforts to bring accessible, reliable, and permissionless leverage solutions to the Base ecosystem:

• Product Development: Launch Leverage Tokens (more below) as the next evolution of Integrated Liquidity Markets to improve capital efficiency, reliability, and user access. With a permissionless design, Leverage Tokens allow almost any DeFi strategy or asset to be wrapped into a tradable ERC-20 token. Advanced features like AI automation will be explored to optimize performance and experience.

• Liquidity and Market Access: Deepen liquidity for Leverage Tokens through strategic partnerships with decentralized exchanges (DEXs), aggregators and other DeFi protocols to ensure stability, broaden market access, and drive adoption.

• Ecosystem Growth: Draw users from EVM-compatible ecosystems, starting with the OP Superchain. Target new markets and connect with diverse protocols, such as those working on liquid staking and restaking, yield splitting, RWAs / yield-bearing assets, and yield aggregators.

• Community and DAO Support: Launch targeted community incentive and engagement initiatives. Define and implement tokenomics to ensure the DAO's long-term sustainability.

These priorities shape Seamless’s 2025 Product Roadmap and will help the community align every update with building a more efficient, sustainable, and user-focused DeFi ecosystem!

Seamless 2025 Roadmap

🌸 Q1 2025 (Spring)

Strengthen Liquidity Foundations & Launch Leverage Tokens

TLDR: In Q1, the focus is on growing deeper liquidity, launching Leverage Tokens, aligning and launching tokenomics, and starting to build out AI automation.

✅ Launch Morpho Vaults

Seamless @MorphoLabs vaults have successfully launched! Quickly becoming some of the largest Morpho vaults on Base, these vaults will provide lending liquidity that can be plugged into future Leverage Token strategies (more on that below). This would start the flywheel of symbiotic interactions as Leverage Tokens generate real (and higher) yield and distribute it back to Seamless Morpho Vault suppliers.

• Initial USDC, cbBTC, and ETH vaults are now live. Add liquidity and start earning now.

✅ Aera Vault Powered DAO Aerodrome POL Strategy

• Strengthen on-chain liquidity of SEAM and long-term sustainability of the DAO and DAO treasury.

✅ Balancer Boosted Pool Integrations

• Increasing capital efficiency and capital utilization.

• Boosted Balancer USDC pool now live. Add liquidity and start earning now.

🚧 Launch Tokenomics v1.0

Establish the first iteration of Seamless’s economic model by directing 100% of protocol fees back to those who choose to stake their SEAM in the Safety Module. This means stakers who back the protocol can earn passive income from protocol revenue streams, incentivizing long-term token holding and protocol participation.

🚧 Launch Leverage Tokens

With the upcoming launch of Leverage Tokens (Litepaper dropping this month), Integrated Liquidity Markets v1.0 (ILMs v1.0) will sunset. Leverage Tokens are the next evolution of product development at Seamless. Leverage Tokens incorporate past learnings to refine product functionality and positioning. At launch in the coming weeks, Leverage Tokens will support basic long/short and looping capabilities for ERC20 tokens and feature improvements that provide:

• More Resilience: Improved rebalancing mechanics for stronger performance during extreme volatility.

• New Strategies: Expanding Leverage Tokens to support leveraged LP farming (vAMM and cl-AMM), unlocking more high-yield opportunities.

• Better Rewards: Improvements to incentives and ecosystem alignment will ensure Leverage Tokens cement themselves as a core DeFi building block.

🚧 Leverage Tokens and Seamless Protocol Front-End Improvements

• Continue to improve UI/UX and ship high-priority front-end features across leverage tokens

🚧 AI Agent Research Ramp Up

• Brought onboard a part-time contributor with a master's in AI/ML to lead research and proof of concept exploration into AI agents in portfolio management for Leverage Tokens

☀️ Q2 2025 (Summer)

Platform Evolution, Community Growth & Leverage Token Expansion

TLDR: In Q2, the focus is on improving platform efficiency, increasing user incentives, expanding Leverage Token offerings, and investing in community growth.

🚧 Leverage Token, Staking, and Governance Front-End Upgrades

Continue to improve UI/UX and ship high-priority front-end features across key areas, such as leverage tokens, SEAM staking/safety module and governance

🚧 Community Points Program Launch

• Based on industry best practices, create and launch a season-based points program to incentivize ongoing community engagement and long-term participation. Reward those who participate and earn points.

📌 Expand Leverage Token Utility

• Support for activities like claiming rewards and compounding back into positions to allow for greater capital efficiency with less active position management.

• Support for LP positions from Aerodrome’s vAMM pools, expanding capital efficiency and access to leverage.

• Integrate Leverage Tokens into partner DeFi protocols, aggregators, and front ends to enhance DeFi distribution.

• Research expansion of Leverage Token utility to ensure coverage across major categories such as long, short, market-neutral, and looping strategies.

📌 Deepen Leverage Token On-Chain Liquidity

• Launch protocol-owned liquidity (POL) or other related initiatives to deepen on-chain liquidity of most popular Leverage Tokens

📌 Seamless Protocol Upgrade and Legacy Platform Sunset

Full migration to the upgraded Seamless Protocol, which utilizes cutting-edge modular DeFi infrastructure like Morpho (details to follow). The sunset will decrease day-to-day operational overhead and cost while leaning into existing Seamless Morpho Vaults and leveraging the latest and greatest DeFi infra available and free up core contributors to provide the best UX possible.

🍂 Q3 2025 (Fall)

Increase Leverage Token Utility, Market Adoption, & Research

TLDR: In Q3, the focus will shift to scaling Leverage Tokens, deepening market liquidity, and researching next-gen Leverage Tokens and tokenomics.

🚧 Seamless Protocol Front-End Improvements

• Continue to improve UI/UX and ship high-priority front-end features across key areas, such as leverage tokens, SEAM staking/safety module, and governance

📌 Scale Leverage Token Use Cases

Cover all major categories across priority Base assets for any that are deemed high-demand and not-yet-served, for example:

• Expand leveraged DEX LP use case to include Aerodrome CL-AMM positions, expanding access to generalized leverage to an even wider use case.

• Long, short

• Looping

• Market-neutral

📌 Launch Meta-Strategies for Leverage Tokens

• Enable customizability of strategies, including creating market-neutral (pseudo-delta-neutral) strategy and other types of mixed portfolios. This includes support for meta-strategies, which are tokens that hold a basket of underlying leverage tokens (LTs) to create unique combinations and positions tailored for specific DeFi strategies.

📌 Deepen Leverage Token On-Chain Liquidity (cont’)

• Continue to deepen on-chain liquidity for Leverage Token LP tokens for key priority Leverage Token strategies

📌 R&D Self-Directed or Bootstrapping Mechanism

• R&D approaches for more permissionless and robust launches of Leverage Tokens and Leverage Token Liquidity could include more configurable Leverage Tokens (v2.0), complementary innovations to the DEX structure and approach, and exploring other methods to streamline and strengthen bootstrapping liquidity formation.

📌 R&D Tokenomics v2.0

• Based on market conditions and product/protocol maturity and traction

❄️ Q4 2025 (Winter)

Execute on Future Initiatives

TLDR: In Q4, the focus is on transitioning to forward-looking expansion, enhancing tokenomics, and evaluating new business verticals.

📌 Launch Tokenomics v2.0

• Refining and improving incentive mechanics and sustainability.

📌 Continue Research, Development & Launch Leverage Tokens

• Depending on user/market priorities, explore improvements to Leverage Tokens across potential areas of gas efficiency, adapter development, capital efficiency, composability, customizability, and more.

📌 Potential Expansion into DEX/Yield Side of Business

• Exploring yield aggregation and liquidity infrastructure opportunities.

Looking Ahead

Very excited about Seamless Protocol's transformative potential in 2025! The 2025 Product Roadmap, designed to align the community and core contributors, outlines a clear direction for expanding ILM capabilities through Leverage Tokens and strengthening Seamless's position in the Base DeFi ecosystem.

🔗 Get involved and stay connected – whether you’re a liquidity provider, developer, or trader, Seamless is building a future where capital efficiency and automation drive DeFi innovation.

Follow Seamless updates on X, join the chat in Discord, and check out Seamless Protocol docs here.

Forward-Looking Statements Disclaimer

This roadmap contains forward-looking statements, which are based on current expectations, estimates, and projections. These statements involve risks and uncertainties that may cause actual results to differ materially from those expressed. Factors that could impact actual outcomes include changes in market conditions, technological developments, regulatory updates, and strategic shifts. Seamless Protocol, its core and community contributors, assumes no obligation to update forward-looking statements. Readers are encouraged to do their own research and not rely solely on these projections.