Real-world assets is a way to bring #Defi into the level of traditional finance.
This could be the catalyst for mainstream crypto adoption.
Introduce @soil_farm, a fully regulated DeFi protocol that stands out as the best candidate in the #RWA sector.
A thread $SOIL🧵
1️⃣ What is Soil?
▪️ Soil is a blockchain-based lending protocol that bridges the gap between traditional finance and the crypto world, reshaping corporate debt and fixed-income investments.
▪️ Operating as a debt marketplace, Soil empowers established companies to access financing while providing the opportunity for crypto investors to lend their stablecoins.
▪️ In doing so, they can secure high yields generated from Real World Assets that exist off-chain, unlocking significant earning potential for crypto investors seeking stablecoin-based returns.
2️⃣ Regulation and Compliance
▪️ Regulation and compliance are crucial in the RWAs sector and traditional finance.
▪️ With this in mind, Soil has successfully validated its business model with financial regulators in the European Union.
▪️ The protocol is complete and has been audited by #Hacken with the security score 10/10
twitter.com/soil_farm/status/1689305663045042176
▪️ Furthermore, Soil's token is classified as a utility token and is compliant with the #MICA regulation, demonstrating its legitimacy and alignment.
3️⃣ Soil's Key Features
[1] High-Yield Crypto Loans
▪️ As a lending protocol, Soil enables users to lend stablecoins for a chosen period and start earning a fixed, high yield immediately.
▪️ To attract lenders, Soil will implement variable incentives in the form of its native token.
▪️ This will provide users with further investment opportunities, such as staking and the potential for the token's value appreciation.
[2] Guarantee Fund
▪️ To mitigate the default risk and secure loan repayments, Soil establishes a Guarantee Fund that will protect lenders by loan repayments up to a defined amount and help prevent early mass repayment requests.
▪️ Funds held in the Guarantee Fund will be invested in savings protocols that run on different blockchains to protect users from single-chain risk.
📌 These Soil’s impressive features go beyond the typical digital offerings in the crypto space, allowing users to tap into real assets.
This unique aspect sets Soil apart from competitors like Compound and AAVE.
4️⃣ Tokenomics
📌 The token has not been lived yet, beware of scam!
[1] Token metrics
▪️ Ticker: SOIL
▪️ Type: Native & governance token
▪️ Blockchain: Polygon & Base (soo
▪️ Total supply: 100,000,000 SOIL
[2] Token distribution
▪️ 8.5% for seed sale: 5% TGE, 3m cliff, 12m linear vesting
▪️ 12.5% for private sale: 5% TGE, 1m cliff, 9m linear vesting.
▪️ 12% for lenders incentives: 5% TGE, 32m linear vesting
▪️ 3% for IDO: 15% TGE, 9m linear vesting
▪️ 10% staking rewards: 5% TGE, 32m linear vesting
▪️ 10% for ecosystem: 5% TGE, 3m cliff, 24m linear vesting
▪️ 14% for treasury: 5% TGE, 6m cliff, 30m linear vesting
▪️ 15% for liquidity providers
▪️ 15% Team: 0% TGE, 12m cliff, 24m linear vesting.
[3] Token utilities
SOIL is designed to capture a portion of Soil's yield, thereby building long-term token value and becoming a deflationary token.
▪️ Yield booster: stakers receive a higher yield on stablecoin loan
▪️ Protocol fees: part of protocol fees will be used to buy back SOIL → deflationary.
▪️ Staking rewards: Stakers will be entitled to fee paid in SOIL.
▪️ Liquidity providing: staking LP tokens to earn more SOIL tokens
▪️ Governance: participate in protocol governance.
[4] Token sale round
5️⃣ Team
▪️ Team members have experience in both blockchain and traditional finance, with a focus on building innovative financial products.
▪️ Unlike other DeFi protocols, the Soil team is transparent and has a proven track record in global corporations.
6️⃣ Backer & Partner
▪️ Soil raised $600K in the seed round with $12M valuation led by Big Brain Holdings
▪️ The protocol has partnered with exceptional private debt funds such as #Mount, which is regulated, supervised, and a prominent player in the CEE region.
7️⃣ Roadmap
A detailed and transparent roadmap is displayed on the landing page.
Some upcoming expected events include:
▪️ Platform launch
▪️ Token IDO
▪️ CEX listing
▪️ Expansion of partnerships
8️⃣ Alpha leaks
▪️ With an experienced team, potential products, and support from top VCs, $SOIL is preparing to be listed on a top-tier CEX in approximately two months.
▪️ Additionally, $SOIL will receive acceleration from a Tier 1 launchpad just seven days before the official launch, showcasing its strong industry support and potential for rapid growth.
9️⃣ Conclusion
▪️ In conclusion, Soil has significant potential to bridge the gap between digital assets and real-world assets, tapping into the huge capital market in traditional finance.
▪️ It's worth keeping an eye on @soil_farm to witness how the protocol progresses and evolves over time.
1️⃣ 0️⃣ Social links:
▪️ X (Twitter): twitter.com/soil_farm twitter.com/soil_farm
▪️ Telegram: t.me/soilfarm t.co/3hhNN68HLy
▪️ Website: soil.co t.co/vOdctBvX4A
And that's it!
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