Seamless Protocol to introduce leveraged tokens on Ethereum mainnet this week
Key Takeaways
- SeamlessFi has introduced Leverage Tokens as ERC-20 tokens on Ethereum mainnet.
- Leverage Tokens provide automated, one-click access to leveraged DeFi strategies.
Seamless Protocol introduces leverage tokens on the Ethereum mainnet this week, bringing capital-efficient DeFi strategies to users through automated ERC-20 tokens.
Leverage Tokens, a Seamless Protocol innovation, enable one-click access to leveraged DeFi positions through tokenized strategies on Ethereum. The tokens encapsulate complex looping strategies within standard ERC-20 infrastructure for simplified user interaction.
Seamless Protocol has deployed Leverage Token smart contracts on Ethereum mainnet, delivering strategy automation directly to users via simple tokens. Two new partners are set to launch Leverage Token strategies on the network, enhancing looping capabilities for deeper onchain liquidity access.
Cantina conducted a security audit of the Leverage Token mainnet deployment, focusing on infrastructure for DeFi strategy automation within ERC-20 tokens. The launch expands composability for Ethereum-based dapps with tokenized leverage features for seamless integration.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cardano News Update: Cardano Bets $70M in ADA—Will Infrastructure Improvements Drive Expansion?
- Cardano's stakeholders seek 70M ADA from Treasury to fund 2026 growth via infrastructure upgrades, led by IOG, EMURGO, and key foundations. - Proposed upgrades focus on stablecoin integration, cross-chain bridges, and institutional tools to attract capital and scale DeFi, addressing TVL stagnation at $190M. - Milestone-based funding aims to ensure accountability, aligning with institutional demands for secure custody and analytics while avoiding speculative ventures. - Market analysis shows cautious opti

Tech's $96B Bet on AI: Borrowing Spree Could Spark Another Bubble
- Tech sector's AI debt surged to $96B as firms like OpenAI, Oracle , and CoreWeave secure massive loans to expand infrastructure. - Oracle's 9.17% stock drop highlights risks of overreliance on OpenAI, with DA Davidson cutting its price target due to "fake it 'till you make it" concerns. - CoreWeave's $7.5B credit facility and tripled interest costs mirror 2008 crisis-era CDO risks, raising sustainability questions for AI-driven growth. - xAI's $15B funding round and OpenAI's $40B private raise underscore

Philanthropist MacKenzie Scott Tackles Educational Disparities Using a Blended Loan Approach
- Philanthropist MacKenzie Scott invests in Funding U, a startup offering merit-based student loans without co-signers, inspired by her own $1,000 college loan. - The hybrid model combines Scott's "junior debt" with bank funding, using algorithms to assess academic potential rather than credit scores. - This approach targets low-income students, blending philanthropy with market incentives to address educational inequity and systemic barriers. - The investment reflects growing trends in impact investing, w
Tokenized Stocks Gain Momentum as Crypto Meets TradFi
