News and Analytics

0

Soil’s Decentralized Credit Protocol Surpasses $2M in TVL

Apr 4, 2024

Estonia, Tallinn, April 4th, 2024, Chainwire

Decentralized credit protocol Soil aims to revolutionize the global investment and stablecoin yield generation sectors using its blockchain-based framework. This newly-launched protocol grants easy entry to the profitable Real World Asset (RWA) market for both individual participants and institutional investors.

Soil has set its sights on capturing a portion of the $14 trillion corporate debt market, as demonstrated by recent achievements and key partnerships. After a successful Initial DEX Offering (IDO) last October, raising over $800,000 across three launchpads, the $SOIL token was listed on Gate.io, MEXC, and Uniswap. Since Soil’s public launch on January 11, Total Value Locked (TVL) has exceeded $2 million.

Soil’s CEO, Jakub Bojan, expressed enthusiasm for bridging the TradFi and DeFi worlds and offering enhanced access and security in RWA investments. The protocol’s state-of-the-art framework prioritizes regulatory compliance and scalability to lead the financial revolution confidently.

Soil has secured a treasury management partnership, earned a perfect 10/10 security score from a Hacken audit, and formed an alliance with Mount TFI, a top CEE private debt fund. The protocol has also received validation from a financial market regulator, emphasizing its dedication to compliance and trust.

The experienced executive team at Private Debt, with a history of managing over $1 billion, has developed a protocol that acts as a debt marketplace, facilitating interactions between lenders and borrowers while generating revenue through capital cost arbitrage.

Soil’s innovative approach to decentralized credit and investment presents a radical shift in how individuals and institutions interact with the global debt market. Backed by a robust platform and strategic associations, Soil is positioned for substantial growth in the blockchain-based financial solutions sector.

Comments

Latest analytics

How Artificial...

How Artificial Intelligence on Superintelligence.io is...

XLINK and its Role...

XLINK and its Role in the Blockchain Ecosystem

Show more

Latest Dapp Articles

Show more

You may also like