Syfy

We are building the foundational protocols for the next internet.
We’re hiring: | | |

[Syfy @Syfy_io]

As the digital space continually evolves, we are on a quest to pioneer its transformation.

Today, we're excited to introduce ourselves as @Syfy_io, the leading force behind @HatomProtocol and @0xSoulProtocol.

Our mission is to completely redefine how people engage with finance through trustless and permissionless products—a mission centered on creating a financial system that is more accessible, fair, and equitable.

Syfy was created to nurture an environment where our teams can collaborate more seamlessly, enhancing our effectiveness and efficiency. Simultaneously, we uphold the financial autonomy of each project, supported by its own community of funding contributors.

Explore our portfolio by visiting our website at: https://t.co/LLGXxfkngY. We invite you to read our Genesis post: https://t.co/IlUrNxKWmw

[Syfy @Syfy_io]

Now it's time to tokenize your insights!

Through this partnership with @KaitoAI, @0xSoulProtocol is introducing a new way to recognize and reward meaningful engagement.

Start contributing, track your impact, and earn your place on the Soul Leaderboard.🔥

[Soul Labs @0xSoulProtocol]

Did someone just say "YAP"?

We're excited to announce that the Soul Yapper Leaderboard on @KaitoAI is now live! 🔥

We're inviting the most active voices in the community to join us on @KaitoAI, climb the leaderboard, and earn a share of the rewards in this campaign.

You can track your mindshare and position on the leaderboard at: https://t.co/YNmjnnwNKp

Rewards Distribution

We're allocating 1.5% (150bps) of the $SO supply in total to our yappers and the broader Kaito ecosystem. This total allocation is split into three distinct categories of 0.5% (50bps) each, as follows:

50bps (0.5% of total supply) → Leaderboard Yappers

The first 50bps will be allocated to users on the leaderboard based on the mindshare they accumulate throughout the campaign.

A snapshot of the leaderboard will be taken on the 14th of each month, starting on June 14th. Your percentage of mindshare at the snapshot time will determine your share of that month's token allocation.

For instance, if the campaign runs for 5 months and 100,000 $SO tokens (0.1% of supply) are distributed each month, holding 2% mindshare at a snapshot would make you eligible for 2,000 tokens that month, claimable at TGE.

50bps (0.5% of total supply) → Leaderboard Yappers based on Seeds earned in Soul Quests

Another 50bps of the total allocation will reward leaderboard participants based on the Seeds accumulated by participating in Soul's current quests or future related quests.

We encourage everyone to interact with the Soul dApp on Testnet and keep an eye on our socials for additional ways to generate Seeds.

Alpha Tip: A points multiplier will be available on Friday, May 16th, for everyone participating in Soul's Public Sale!

50bps (0.5% of total supply) → Kaito Ecosystem

The final 50bps will be allocated to the broader Kaito ecosystem, unlocked progressively as we hit the following milestones based on the total Seeds earned by users directly referred from Kaito:

• 100,000 Seeds = 10bps
• 200,000 Seeds = 20bps
• 300,000 Seeds = 30bps
• 1,000,000 Seeds = 40bps
• 1,500,000 Seeds = 50bps

To unlock these rewards for the Kaito Ecosystem, use Kaito’s official referral link to access the Soul dApp, complete quests, multiply your seeds while the multiplier is available, and invite more users into Soul’s ecosystem.

In order to maximize your rewards in this campaign, we recommend stacking as many Seeds as possible while consistently yapping. Remember, we value high-quality contributions as quality always beats quantity.

Additionally, we're offering $5,000 in weekly rewards paid in stablecoins to the top 25 yappers, distributed as follows:

• Rank 1-5 = $320 each

• Rank 6-10 = $260 each

• Rank 11-15 = $220 each

• Rank 16-20 = $130 each

• Rank 21-25 = $70 each

All campaign rewards, with the exception of weekly stablecoin prizes, will be distributed at TGE. The campaign will continue running up until the TGE.

Let's start yapping! 🥚

[Syfy @Syfy_io]

The taste of decentralization, equal opportunities, and inclusivity is what made crypto unique.

@0xSoulProtocol brings this back through its public round, giving the community a real chance to own, shape, and grow the future of cross-chain liquidity.

A new chapter begins! 🔥

[Soul Labs @0xSoulProtocol]

A new DeFi era needs a return to fundamental primitives. Announcing Soul Public Sale!

DeFi is entering a new era, led by protocols that bring real innovation, but to live up to its full potential, it needs to re-embrace its founding ethos with broad distribution and fair allocation.

Soul is part of this: a 0-to-1 DeFi primitive that reimagines and unites crypto lending, built to unlock a new category of opportunities for users and enabling new DeFi economies led by increased efficiency and new on-chain dynamics.

The launch of our Testnet has been a significant initial milestone in our journey, and we are beyond grateful to see such a warm welcome from our early community members!

With this being just the first step of a long path ahead, we are excited to announce another significant milestone we are gearing up towards.

Introducing the $SO Token Fair Public Round on May 16th!

As a fully decentralized protocol, our goal is not to lead a community, but to lead together with the community! We are big believers that a united goal to create a change in the world will bring the strongest foundations for long-term success.

We are excited to share with you that Soul successfully raised $4M in a private round from valuable partners such as @XVentures_Fund, @tpcventures, and @rv_inc alongside angels from @coinbase, @LayerZero_Core, @flowdesk_co, and @pisquared. This was an important step to support the early development of the protocol and bring the initial vision to life.

However, we believe that the true value of Soul should be established transparently, through broad community participation, rather than being set by private market dynamics.

To support this, we are introducing the Fair Public Round for the $SO Token.

A process designed to ensure equal access, fair valuation, and eliminate preferential terms for early participants.

// The problem

Over the past few years, a familiar pattern has emerged across the crypto sector.

Projects often raise substantial capital through private rounds, securing early valuations and preferential terms for a limited group of participants.

When a public round is eventually offered, it typically comes at a significantly higher valuation, offering fewer opportunities and limited upside for retail investors.

This approach creates a fundamental imbalance, restricting participation and disconnecting value creation from important groups who also contribute to a project's success: users, supporters, and builders. At Soul, we believe there is a better model, one that aligns incentives from the beginning and builds stronger foundations for long-term growth.

By giving the community the opportunity to participate early and on fair terms, we enable those who contribute to Soul’s success to directly benefit from the value they help create.

// A new ICO era emerges

An era in which initial valuations are not decided around a table of early private participants, but by the open and public participation itself.

In 2017–2018, we witnessed one of the most dynamic periods in crypto history: the ICO era.

A time when anyone, anywhere in the world, could participate meaningfully in the early growth of projects they believed in.

Access was open, participation was broad, and innovation was funded directly by the community.

Over time, however, that spirit of openness faded.

The rise of private rounds and exclusive allocations shifted the landscape toward more traditional fundraising models, limiting access and weakening the connection between projects and their communities.

We believe it's time to restore that original spirit, to rebuild a model where openness, fairness, and community participation are at the core of crypto startup innovation.

// Pushing for an ICO 2.0 Era

At Soul, we are committed to building a foundation that prioritizes fair participation and long-term alignment.

25% of the total token supply will be allocated to the community through this Public Round, establishing the basis for strong, decentralized governance as the protocol launches.

Soul’s valuation will be determined upon the conclusion of the Public Sale, based solely on the capital raised during the round. We are equally committed to avoiding the common pitfalls of low circulating supply and artificially high FDV. All tokens offered in the public round will be fully unlocked at TGE, allowing for a transparent, market-driven valuation from the outset.

// $SO Utility

The $SO token is an essential component of the Soul Protocol, designed to drive governance, gauge voting, yield boosting, and value sharing.

Rather than existing as a speculative asset, $SO is structured to reward participation, align incentives across stakeholders, and strengthen long-term protocol sustainability.

Its utility is directly tied to protocol adoption and engagement, ensuring that value creation flows to those who contribute meaningfully to the protocol.

Soul rejects short-term incentive models such as liquidity mining, which often generate unsustainable growth. Instead, prioritizes product-driven revenue and long-term value accrual, distributing rewards to $SO stakers and active participants in proportion to their contributions.

Governance & Emissions Control

$SO is the governance token of the Soul Protocol, enabling holders to participate in critical decision-making processes.

Through governance proposals and emission gauge voting, $SO holders directly influence the allocation of incentives across Soul’s integrated Money Markets, ensuring that ecosystem growth is aligned with stakeholder interests.

Boosted Yields Through Staking

Staking $SO enhances users' lending positions by granting access to additional yield opportunities on top of base APYs.

This mechanism directly links token utility to core protocol activity, ensuring that demand for $SO is driven by real usage rather than speculative behavior.

Revenue Sharing & Buyback Mechanism

The protocol’s fee switch will direct a portion of collected revenue to purchase $SO tokens from the open market, which will then be redistributed to stakers through emissions and reward mechanisms.

This model will directly link protocol revenue to tokenholder rewards, ensuring that $SO ownership is economically tied to the protocol’s activity and long-term growth.

For full details on tokenomics, please visit our dedicated page:

https://t.co/s4wqnYE9MN

[Syfy @Syfy_io]

A new era of DeFi has arrived.

The Soul Protocol Incentivized Testnet is now live, unlocking seamless cross-chain and cross-protocol lending like never before.

Join the Soul ecosystem, complete the available Testnet quests, and earn Seeds, convertible into $SO tokens at TGE.

Built by Syfy to power the next generation of decentralized finance.

[Soul Labs @0xSoulProtocol]

We’re excited to introduce Soul Protocol, a new DeFi primitive, now live on Testnet!

The first unified, omnichain liquidity layer connecting cross-chain money markets.

Supply anywhere. Borrow anywhere.

Seamlessly, across any chain and protocol.

🧵

[Syfy @Syfy_io]

Shaping the next lending infrastructure for mass adoption @0xSoulProtocol.

[Soul Labs @0xSoulProtocol]

Today, we unveil Soul, redefining cross-chain lending and borrowing.

Soul seamlessly interlinks diverse lending protocols and blockchains, enabling users to lend and borrow across platforms like @aave or @compoundfinance and various networks, thus unifying liquidity and users' borrowing power.

Distinctly, Soul does not rely on asset bridging or synthetics; it enables the lending and borrowing of native assets and leverages @LayerZero_Labs for seamless cross-chain communication. This omnichain approach unlocks new and limitless #DeFi strategies, establishing Soul as the ultimate solution for cross-lending dilemmas.

Soul v1 will be permissionless, censorship-resistant, will have multiple fallback mechanisms to ensure redundancy, and will allow for a myriad of DApps to be built on top of it.

Soul's vision aims to simplify user processes and amplify transparency, thereby restoring monetary control to its users. Rooted in cypherpunk values, Soul symbolizes digital freedom and autonomy in an era where these principles are increasingly essential.

We have been carefully developing Soul in stealth mode for over a year now and already have a working prototype. Expect a detailed report in our first protocol update.

[Web version now live: https://t.co/XC5P5VeeBE | Mobile and Tablet versions coming soon.]

[Syfy @Syfy_io]

The https://t.co/AFiC0DPUxI bridge is now live on the Mainnet!

Unlock endless DeFi opportunities for your $TAO within the @HatomProtocol.

#Bittensor #MultiversX

[Hatom Labs @HatomProtocol]

We are thrilled to announce the official launch of $TAO on #MultiversX!

To support this milestone, over $1 million has been allocated for the initiation of the TAO Bridge and the integration of various products with $wTAO.

Bridge your $TAO to $wTAO:
Experience seamless bridging at https://t.co/9DISVYT1Zb or https://t.co/pQp7Vk45GZ. Upon bridging you will receive EGLD to cover the gas fees of your initial transactions.

Liquid Stake your $wTAO for $swTAO:
Unlock the power of liquid staking at https://t.co/kJVY6OyrEB.

Utilize your $wTAO & $swTAO in our Lending Protocol:
Explore lending opportunities at https://t.co/udlrx9KnvA.

Access the $wTAO/ $EGLD Liquidity Pool (LP) on @xExchangeApp:
Join the liquidity pool at https://t.co/s9OaCBXMo0.

Discover the $wTAO / $USDC Liquidity Pool (LP) on @ash_swap:
Engage with the pool at https://t.co/Why2CM4otl.

These integrations not only enhance the utility of $TAO tokens but also enable holders to bridge their assets from #Bittensor to #MultiversX and actively put them to work. You can now enjoy earning staking rewards while using your assets as collateral to perform leverage liquid staking, managing short/long positions, and borrowing stablecoins in a secure, over-collateralized manner.

Get access to new liquidity pools on #MultiversX's leading exchanges and engage in liquidity provision and yield farming to earn more rewards. Both LPs on @xExchangeApp and @ash_swap will be highly incentivized.

To ensure the highest security for the launch, multiple risk assessments have been conducted. The smart contracts related to the bridge and the liquid staking solution have undergone two security audits by @rv_inc & @arda_project.

Moreover, the bridge infrastructure has been subject to a DevSecOps analysis and Penetration Testing, conducted by @CertiK. The reports are available at: https://t.co/qOSAYgkxRV.