📰Seamless Governance Proposals
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
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
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
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
SIP-8
Listing rWETH, SEAM, DEGEN
Adding rWETH, SEAM & DEGEN liquidity markets on Seamless
Passed & Executed
SIP-9
Seamless Spring Protocol Rewards Refresh #2 and SCGP Budget Extension
Approvement of 433,804 SEAM to be utilized as a 2 month budget across all existing/to-be-launched markets & of additional $200,000 USD budget for the Grants Committee
Passed & Executed
SIP-10
Treasury Management Proposal
Establishment of a partnership with Aera Finance and allocate 5 million SEAM tokens to a specially created vault, managed by an elected Aera Vault Management Council
Passed & Executed
SIP-11
Enable E-mode
Turn on e-mode for ETH-correlated assets (i.e. ETH/WETH, cbETH and wstETH)
Turn on e-mode for stablecoins (USDC and DAI)
Passed & Executed
PCP-13
Seamless Spring Continued: Governance Participants Retroactive Airdrop
Redistribution of any unclaimed SEAM Genesis Airdrop to governance participants in the form of esSEAM
Passed & Executed
SIP-12
Support AERO on Seamless
Integration of Aerodrome Finance’s $AERO token into the Seamless protocol
Passed & Executed
SIP-13
Reserve Factor
Enabling reserve factor for all currently public and active lend/borrow markets
Passed & Executed
SIP-15
Updating RewardsController Smart Contracts
Fixation of the bug found in the AAVE-forked smart contracts used for rewards emissions in Seamless Protocol
Passed & Executed
SIP-16
Stablecoin Interest Rate Adjustments
Optimization of stablecoin (USDC, USDbC, DAI) interest rates
Did not reach quorum
SIP-17
Stablecoin Interest Rate Adjustments
Optimization of stablecoin (USDC, USDbC, DAI) interest rates
Passed & Executed
SIP-18
Rewards Claim Function - Reactivation
Upgrade of the RewardsController implementation contract
Passed & Executed
SIP-19
Adding BRETT rewards to the BRETT Seamless Market
Emission of esSEAM and BRETT to incentivize usage of the BRETT market
Passed & Executed
SIP-20
Treasury Management Proposal
The second transfer of SEAM for the Aera Vault Treasury management purposes
Passed & Executed
SIP-21
Proposal to add TOSHI on Seamless
Addition of TOSHI as a new liquidity market
Passed & Executed
SIP-22
Protocol Rewards Refresh #3 (Base Onchain Summer is Here!)
Allocation of an additional 500,000 SEAM budget to be deployed over two months to incetivize active markets
Passed & Executed
SIP-23
WETH Interest Rate Adjustments
Update of the interest rate parameters for the WETH market
Passed & Executed
SIP-24
Treasury Management Proposal
The third transfer of SEAM for the Aera Vault Treasury management purposes
Passed & Executed
SIP-25
Enable USDC/DAI Isolation Mode Borrowing + Grant Emergency Admin Role
Enable USDC and DAI to be borrowable in isolation mode
Grant emergency admin role to the Seamless protocol Guardian
Passed & Executed
SIP-26
Listing Restricted USDC Market
Introduction of a restricted USDC market to be used for new ILM strategies
Passed & Executed
SIP-27
Protocol Rewards Refresh 4
Allocation of an additional 500,000 SEAM budget to be deployed over two months to incetivize active markets
Passed & Executed
PCP-14
Add support for wsuperOETHb on Seamless
Introduction of a Lending/Borrowing market for wsuperOETHb
Did not reach quorum
SIP-29 *Numeration changed (SIP-28 never existed)
Listing cbBTC and EURC
Addition of cbBTC and EURC as collateral and borrowable assets
Passed & Executed
SIP-30
Protocol Rewards Refresh 5
Allocation of an additional 500,000 SEAM budget to be deployed over two months to incetivize active markets
Passed & Executed
SIP-31
Treasury Management Proposal
The fourth transfer of SEAM for the Aera Vault Treasury management purposes
Passed & Executed
SIP-32
Listing Restricted cbBTC Market
Introduction of a restricted cbBTC market to be used for new ILM strategies
Passed & Executed
SIP-33
Risk Parameter Updates
Adjustments to risk parameters of existing markets
Passed & Executed
GP-7
Expanding Protocol Reward Categories - Increasing Token Emission Budget for Seamless!
Comprehensive token emissions and budgeting strategy (up to ~10% of total token supply) to align with Seamless Protocol’s priorities, upcoming GTM initiatives, and roadmap milestones
Passed & Executed
GP-8
Addressing Urgency: Unveiling the Fast-Track Procedure 2.0
Introduction of a ‘fast-track procedure’ for the DAO to promptly respond to high priority items
Passed & Executed
SIP-34
Update AERO Risk Parameters
Increase of AERO's liquidation threshold and LTV on Seamless lending pool
Passed & Executed
SIP-35
Protocol Rewards Refresh 6
Allocation of an additional 825,000 SEAM budget to be deployed over three and a half months to incetivize active markets
Passed & Executed
SIP-36
Listing weETH
Addition of weETH as a collateral and borrow asset
Passed & Executed
SIP-37
LM Reward Refresh
Allocation of 125,000 esSEAM (41,666.67 esSEAM per month) to the ILM pools for Q1 2025
Passed & Executed
SIP-38
Treasury Management Proposal
The fifth transfer of SEAM (1.25 million) for the Aera Vault Treasury management purposes
Passed & Executed
SIP-39
Morpho Vault SEAM Rewards
Allocate 625,000 SEAM to the Seamless Vaults on Morpho for Q1 2025
Passed & Executed
SIP-40
Accept Ownership of Morpho Vaults
Seamless Governance to accept ownership of newly deployed vaults on Morpho (cbBTC & WETH)
Passed & Executed
SIP-41
Compensation for 3x ETH ILM Liquidation Event
Compensation for affected users with esSEAM tokens at 105% of the liquidation penalty incurred
Passed & Executed
GP-9
Maximizing Borrower Value: Why the Move to Morpho Matters
Snapshot Labs Tally* Proposal is executed via several onchain votings (SIP-45, tba)
Migration of liquidity from the Seamless legacy platform to Morpho Vaults
Passed
SIP-43 *Numeration changed (SIP-42 never existed)
Activate stkSEAM Tokenomics
Introduction of a Staking Safety Module that enables automatic reward distribution mechanism for stkSEAM holders
Passed & Executed
SIP-44
Protocol Rewards Refresh Q2 2025
Extension of platform reward emissions (the total budget of 2 million SEAM) through Q2 2025
Passed & Executed
SIP-45
Legacy Platform Freeze
Implementation of a freeze on all markets in the legacy Seamless lending platform as part of the GP-9 sunset plan
Passed & Executed
SIP-46
From Bootstrap to Growth: Continuing Seamless DAO’s Support of Core Contributors
Allocation of an additional 11% in SEAM tokens to core contributors to support the long-term development, strategic hiring, security efforts, and other alignment grants for Seamless Protocol over the next 2–4 years
Passed & Executed
Last updated