Executed

[SIP-42] Enable stkSEAM to be used for Governance


ID 240881...1095

ID 240881...1095

Proposed on: Mar 12th, 2025

Proposed on: Mar 12th, 2025

Votes

Actions

Type

Address

Details

Custom

0x8768...b294

upgradeToAndCall(..)

Custom

Account

0x8768...b294

Method

upgradeToAndCall(..)

Custom

0x04fa...61B6

upgradeToAndCall(..)

Custom

Account

0x04fa...61B6

Method

upgradeToAndCall(..)

Proposal

Summary

Enable stkSEAM voting power to be counted in addition to SEAM and esSEAM voting power on Seamless governance proposals.

Context and Motivation

The stkSEAM token is being introduced as part of the Seamless tokenomics proposal outlined in this Discourse post. This token represents staked SEAM within the protocol.

Currently, the Seamless governance system only allows voting with SEAM and esSEAM tokens. This proposal aims to upgrade the Seamless governor contracts to enable stkSEAM as a votable token for governance alongside SEAM and esSEAM. This upgrade must be initiated through the Seamless long governor since it involves a fundamental change to the governance structure.

By implementing this change, stkSEAM holders will be able to participate in Seamless governance, ensuring that users who have demonstrated their commitment to the protocol through staking can have a voice in decision-making.

Resources/References

Votes
Status