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Seamless Protocol

Last updated: Oct 23, 2023

Seamless Protocol is a decentralized, non-custodial liquidity market that creates a more seamless experience for both sides of the market — for the Liquidity Suppliers and the Liquidity Borrowers.

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Overview

Project industry	Finance Services & Banking
Product type	DeFi
Whitepaper	Open

What is Seamless Protocol

Seamless Protocol is a community-owned initiative and no funds were raised.

Types of Users

Liquidity Suppliers earn fees for providing liquidity to be borrowed.
Liquidity Borrowers seek to borrow from the liquidity pools and are required to pay fees, as well as lock collateral, in order to be eligible to borrow.

Using Battle-Tested Smart Contracts

Seamless Protocol is a fork of the leading overcollateralized liquidity protocol, Aave v3, without making changes to the smart contract code.

Farm contracts are forked from the Ampleforth Geyser v2 contracts, which has securely managed $250m+ in total assets and distributed tens of millions in rewards over 3 years.

Seamless aims to pioneer novel liquidity supplier and borrowing solutions for enhanced capital efficiency. By introducing the novel concept of Integrated Liquidity Markets, Seamless can redefine what is possible in the current DeFi and enable trustless onchain undercollateralized borrowing.

Additionally, Seamless Protocol has a secondary objective of focusing on more user-friendly experiences while staying true to the core principles of decentralization and composability.