Seamless Protocol has launched its USDC Vault on Base, Coinbase's Ethereum Layer 2 blockchain, utilizing Morpho's infrastructure and Gauntlet's risk management capabilities. The vault introduces isolated market architecture to DeFi lending, allowing for unique risk profiles and avoiding systemic risks associated with traditional pooled liquidity models. This structure enables Seamless to onboard new assets and strategies while customizing risk parameters. The protocol plans to offer SEAM token rewards to participants funded through governance-approved budgets. The collaboration between Seamless, Morpho, and Gauntlet adds to Base's growing DeFi ecosystem.
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