How to Use Seamless Protocol With Enkrypt

How to use Seamless Protocol with Enkrypt. Connect to Seamless Protocol. Use Seamless Protocol to lend, borrow and trade crypto on Base with Enkrypt wallet.

How to Use Seamless Protocol With Enkrypt

Seamless Protocol is the first native decentralized lending and borrowing system on the Base network and has surged to be the leading native liquidity market on Base within a month of its launch. Notably, it provides an avenue for peer-to-peer transactions via Integrated Liquidity Markets (ILMs), offering undercollateralized yet permissionless borrowing through isolated, smart contract interactions. Seamless Protocol is a direct fork of the leading overcollateralized liquidity protocol, Aave v3, and operates without altering the smart contract code. The platform includes two key user types - Liquidity Suppliers and Liquidity Borrowers. Suppliers deposit to liquidity pools and earn fees, while Borrowers, needing to supply collateral, draw from these pools and pay interest.

Enkrypt is a multichain, self-custodial, and open-source crypto wallet built by the team behind MEW (MyEtherWallet). With Enkrypt, users and developers can generate accounts, manage tokens and NFTs, and interact with DApps on the Base network, as well as over 50 other natively integrated networks. Follow the instructions in this guide on how to use Enkrypt with Seamless Protocol!


Using Enkrypt on Seamless Protocol

To begin, you'll need a multichain wallet, like Enkrypt! For help downloading and setting up Enkrypt, click here.

Head to Seamless Protocol and click ‘Connect wallet’.

Click ‘Enkrypt’.

On the Enkrypt pop up, select the wallet you want to connect with then click ‘Connect’.

Click on ‘All Markets’, in the navigation menu, to view all the available markets you can supply or borrow from.

Click on ‘Details’ to view more information and to deposit or withdraw.

On the ‘Details’ page, you can see the market information and have the ability to deposit and withdraw your tokens.

Supplying Assets

Click ‘Supply & Borrow Dashboard’, to view the available supply and borrow markets.

If you need to connect your wallet again, click ‘Connect wallet’.

Select ‘Browser Wallet’.

On the Enkrypt pop up, select the wallet you want to connect with then click ‘Connect’.

You should see all the assets you are able to supply and borrow from.

Select ‘Details’ to view more information about the asset reserve.

Here you can supply or borrow the asset and view more information on the asset reserve.

Click ‘Supply’ to open the supply pop up.

Enter the amount you want to supply.

Click ‘Supply’.

Confirm the transaction on the Enkrypt pop up.

Once your transaction is confirmed, you should see an ‘All done’ pop up.

Borrowing Assets

Once you have assets supplied you can now borrow. You can go back to the ‘Supply & Borrow Dashboard’ to view the assets you can borrow.

Click ‘Borrow’ on the asset you want to borrow.

Enter the amount you want to borrow.

Confirm the transaction on the Enkrypt pop up.

Once your transaction is confirmed you should see an ‘All done’ pop up.

Bridging Tokens to Base

Click ‘Bridge to Base’ in the navigation menu, to open the side menu to bridge your tokens to Base network.

Click ‘Connect wallet’ to show the list of compatible wallets.

Select ‘MetaMask’ to connect your wallet. Enkrypt can also use the same connection as MetaMask, so any app that works with MetaMask will also work with Enkrypt!

Select ‘From’ to choose the token and network you are bridging from.

Select the network at the top and the token from the list.

Enter the amount you want to bridge.

The recommended bridging service will be selected by default but you can click ‘Show all’ to view all the options. Click ‘Review bridge’ to proceed with the bridging process.

Click ‘Start bridging’ to start the bridging process.

Confirm the transaction on the Enkrypt pop up. Once the bridging process is complete, you should see your token in your wallet on the Base network.

Governance

Click ‘Governance’ to view the Community Governance page.

Here you can claim your SEAM tokens from vested esSEAM tokens and manage your votes or delegate your voting power to another wallet.

Staking Farms

Click ‘More’ to open a drop-down menu and select ‘Staking Farms’.

Click ‘Connect’ at the top right.

Select ‘MetaMask’.

Click ‘Connect’ on the Enkrypt pop up.

Once connected you should see the stats for the currently selected farm.

Click the ‘Staking Farms’ drop-down to view the available farms.

Here, you can stake or unstake your tokens.


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