{"id":88170,"date":"2023-12-12T18:29:42","date_gmt":"2023-12-12T16:29:42","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=88170"},"modified":"2025-09-13T16:21:00","modified_gmt":"2025-09-13T13:21:00","slug":"coinbase-lists-token-from-base-network-for-the-first-time","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/coinbase-lists-token-from-base-network-for-the-first-time\/","title":{"rendered":"Coinbase lists token from Base network for the first time"},"content":{"rendered":"<p>The DeFi project Seamless Protocol, built on Coinbase <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-a-layer%e2%80%912-solution-in-blockchain\">Layer-2<\/a> Base, issued a governance token. The exchange began trading SEAM.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">gm ?<a href=\"https:\/\/twitter.com\/SeamlessFi?ref_src=twsrc%5Etfw\">@seamlessFi<\/a> is excited to introduce SEAM, the governance token of Seamless, which is <a href=\"https:\/\/twitter.com\/BuildOnBase?ref_src=twsrc%5Etfw\">@BuildOnBase<\/a>\u2019s largest native lending protocol! <\/p>\n<p>Did someone say wen airdrop? Keep reading for details on how to claim your airdrop? ? <a href=\"https:\/\/t.co\/NeztRH6oIv\">pic.twitter.com\/NeztRH6oIv<\/a><\/p>\n<p>\u2014 Seamless Protocol ? #BuildOnBase (@SeamlessFi) <a href=\"https:\/\/twitter.com\/SeamlessFi\/status\/1734257510905713001?ref_src=twsrc%5Etfw\">December 11, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The protocol team, <a href=\"https:\/\/u1f987.com\/en\/news\/aave-v3-fork-launches-on-base-coinbase-supported-l2-network\">deployed in September<\/a> as a fork of the lending platform <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-aave\">Aave<\/a> v3, announced an airdrop of the asset among early users and liquidity providers. Registration to participate in the distribution of the coins will open on December 12.<\/p>\n<p>Coinbase immediately <a href=\"https:\/\/twitter.com\/CoinbaseExch\/status\/1734274216202064340\">launched<\/a> the SEAM\/USD trading pair. According to Seamless, the token has become \u201cthe first and so far only\u201d asset from the Base ecosystem on the platform.<\/p>\n<p>The exchange used the Coinbase Day One listing procedure with strict requirements, according to <a href=\"https:\/\/www.theblock.co\/post\/267029\/coinbase-lists-seam-token-launch-airdrop\">The Block<\/a>, an anonymous member of the Seamless community said. He noted that the token must be truly decentralised and not in circulation before listing on the platform.<\/p>\n<p>According to the user, the protocol team did not raise any funds through the SEAM issuance. The total supply of the coin is 100 million, of which 69% are allocated to the community, 20% will go to the ecosystem development fund, and 8% and 3% to support core and external developers respectively.<\/p>\n<p>After trading opened at $3.8, SEAM quotes rose to $16.5 within a few hours. At the time of writing, the price had corrected to $12.5.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-eu.googleusercontent.com\/g2U9KfGCGnnKF0u6ydQZefW4eg7vLTLe5swI-vAA6A87Zzj9lM8J_mMgxARpOKAG3ctd23BVUZ2y0n-JOLPNU-KQSIRRYpf_aB6bPgsczzWY6gmFYStvxMNZ03imNAodpO0JCLv_ZphHuSfKEtJoZOU\" alt=\"Coinbase lists token from Base network for the first time\"\/><figcaption class=\"wp-element-caption\">Hourly chart of SEAM\/USD on Coinbase. Data: <a href=\"https:\/\/www.tradingview.com\/symbols\/SEAMUSD\/?exchange=COINBASE\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>According to <a href=\"https:\/\/defillama.com\/chain\/Base\">DeFi Llama<\/a>, the total value locked in Seamless assets over the past 24 hours jumped by 783% to $66.83 million. The protocol slightly trails the leader <a href=\"https:\/\/u1f987.com\/en\/news\/dex-velodrome-launches-fork-on-base-l2-network\">Aerodrome<\/a> with <span data-descr=\"Total Value Locked\" class=\"old_tooltip\">TVL<\/span> of $71.11 million.<\/p>\n<p>As reported, Coinbase CEO Brian Armstrong <a href=\"https:\/\/u1f987.com\/en\/news\/coinbase-ceo-rules-out-token-for-base-l2-network\">ruled out plans<\/a> to launch any tokens for the Base network itself.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The DeFi project Seamless Protocol, built on Coinbase Layer-2 Base, issued a governance token. The exchange began trading SEAM.<\/p>\n","protected":false},"author":1,"featured_media":88171,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1321,138,1286,596],"class_list":["post-88170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-base","tag-coinbase","tag-listing","tag-tokens"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/88170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=88170"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/88170\/revisions"}],"predecessor-version":[{"id":88172,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/88170\/revisions\/88172"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/88171"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=88170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=88170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=88170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}