📰Seamless Governance Proposals

Proposal ID	Title	Relevant Links	Summary	Outcome
N/A	Seamless Spark Asset Integration Program	Discourse Snapshot Labs Tally - N/A	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	Discourse Snapshot Labs Tally	Increased borrowing cap across existing markets of USDbC, USDC, DAI, WETH and cbETH	Passed & Executed
SIP-2	List wstETH market on Seamless	Discourse Snapshot Labs Tally	List Base wstETH as a collateral asset on Seamless and open liquidity market	Passed & Executed
GCP-1	Formalizing Governance Processes for Seamless Protocol	Discourse Snapshot Labs Tally - N/A	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 “reward 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	Discourse Tally	Introducing Custom wstETH market to faciliate inaugural wstETH/ETH 3x ILM Strategy	Passed & Executed
SIP-5	Seamless Protocol Native USDC Reward Incentives	Discourse Tally	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	Discourse Tally	Adjustment of Supply and Borrow caps based on recommendations from Risk Analysis Partners and liquidity on Base	Passed & Executed
SIP-7	Governance Reform Proposal	Discourse Snapshot Tally	Creation of of special purpose community-run multisigs to handle (very) limited low-security risk responsibilities	Passed & Updated