πŸ“°Seamless Governance Proposals

Proposal IDTitleRelevant LinksSummaryOutcome

N/A

Seamless Spark Asset Integration Program

Informal community program to create some structure around assets that wish to be integrated onto Seamless Protocol.

Passed

SIP-1

Adjusting Parameters: Increase Borrow Caps

Increased borrowing cap across existing markets of USDbC, USDC, DAI, WETH and cbETH

Passed & Executed

SIP-2

List wstETH market on Seamless

List Base wstETH as a collateral asset on Seamless and open liquidity market

Passed & Executed

GCP-1

Formalizing Governance Processes for Seamless Protocol

Improve Seamless Community governance procedures to outline standard processes for discussion periods, waiting times, temperature check snapshots, etc.

Passed & Updated

GCP-2

Introducing Seamless Community Grants Program (SCGP) and esSEAM

Discourse 1, 2

Snapshot Labs 1, 2

Vote to introduce esSEAM into Seamless ecosystem, and to kickstart a pilot community grants program and nominate/establish the grants council. Onchain funding transaction remains outstanding.

Passed & Ongoing

SIP-3* [was named PGP-1 in community channels]

Seamless Platform Rewards Refresh

Discourse

Snapshot Labs - N/A, Fast track

Tally

Refresh the liquidity mining rewards on Seamless Protocol for liquidity suppliers and borrowers. Introduced esSEAM as the reward format, and extended the reward schedule for another 3 months. Established a β€œreward review” period each month, for the community to discuss and update reward schedules as needed.

Passed & Executed

SIP-4

Market Parameter Adjustments and Introduction of Custom wstETH

Introducing Custom wstETH market to faciliate inaugural wstETH/ETH 3x ILM Strategy

Passed & Executed

SIP-5

Seamless Protocol Native USDC Reward Incentives

Adding Native USDC Rewards to USDC Supply Markets to aid in broader adoption of Native USDC on Base

Passed & Executed

SIP-6

Supply and Borrow Cap Updates + Contract Upgrades

Adjustment of Supply and Borrow caps based on recommendations from Risk Analysis Partners and liquidity on Base

Passed & Executed

SIP-7

Governance Reform Proposal

Creation of of special purpose community-run multisigs to handle (very) limited low-security risk responsibilities

Passed & Updated

Last updated