LIQUIDITY LEADERBOARD is Live
$TURTLE rewards. On top of the best DeFi dealflow.
0.2% of the supply up for grabs.
Season runs until TGE.
Join here: https://t.co/3tituXi8e2
Ignition is live by @LineaBuild
An open liquidity program built to accelerate growth on Linea and fuel its next phase. Incentives are already active across @Aave, @Eulerfinance, and @Etherex.
We’ve supported Linea since the private phase, and soon, LPs will be able to access Ignition directly through the Turtle interface.
Linea on Turtle is coming.
The Samurai’s Call: @Katana bootstrapping campaign
A liquidity campaign to seed Katana, the DeFi-first chain incubated by @GSR_io and @0xPolygon.
Deposits live now:
https://t.co/1S1KNAAsVm
@0xSoulProtocol Switching to other providers—not just LayerZero—can serve both as a fallback mechanism and as an advanced feature. It allows users to choose their preferred cross-chain provider based on factors like fees, security, and speed.
🚨 $SO PUBLIC SALE IS NOW LIVE!
You can participate by accessing the following link:
https://t.co/QCQ6JaYOvI
For the past two years, we’ve been building Soul with one core belief:
DeFi only fulfills its promise when access, ownership, and value are aligned.
And one vision:
To make on-chain credit easy to access and use for everyone.
With only three weeks since the launch of our Testnet, the momentum has been undeniable:
• Over 300,000 users explored the dApp
• More than 125,000 wallets interacted with the protocol
• 2 million+ transactions processed
• A thriving community of 100,000+ members joined our ecosystem
We’re building a new DeFi primitive and our goal is to be owned by those who help shape it.
That’s why we’ve structured the $SO public sale around three simple principles:
• Open Access: 25% of the total supply is allocated to the community, giving everyone a chance to participate on equal terms.
• Community-Priced: The final valuation is determined by total participation, ensuring the market sets the price.
• Real Ownership from Day One: All public sale tokens are fully unlocked at TGE, avoiding artificial scarcity and aligning ownership with utility from the start.
This is our vision of what DeFi ownership should look like: fair, transparent, and open to everyone.
If you believe in our vision, this is your chance to become part of it!
You can learn more about the public sale here:
https://t.co/vxOmrfrfQX
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
Introducing Soul: The Next Leap in DeFi Unlocking Unprecedented Opportunities
@0xSoulProtocol is not just an upgrade of an existing lending protocol. It’s a new category-defining primitive that reimagines how lending and borrowing should work across blockchains.
Just as @aave (formerly ETHLend) marked a turning point in 2017 by introducing decentralized lending, Soul represents a similar inflection point for the multichain era.
Built by @Syfy_io, the parent company behind Hatom and Soul, it introduces a unified liquidity layer for lending and borrowing across chains and protocols, with no need for bridges or wrapped assets.
DeFi remains fragmented. Liquidity is siloed, capital is underutilized, and cross-chain interactions through bridges are clunky, slow, and risky. Soul changes that. Think of Soul as the @1inch of lending. While @Uniswap pioneered decentralized swaps, @1inch optimized the entire experience by aggregating the best routes for users. Soul finally brings that same efficiency to lending.
Another aspect often overlooked when competing in this field is liquidity competitiveness, which poses a burden for lending protocols, as protocols like @aave capture the majority of the market share.
Soul fixes all of this. Not only through its approach: it unifies borrowing power across ecosystems while keeping everything native. No bridges. No wrapped assets. No compromises. It’s also built on top of established lending protocols like @aave, @compoundfinance, @MorphoLabs, and Hatom—not competing with them, but synergizing with them by building on top of them. This is the essence of how DeFi should be built for the next generation of protocols.
Once integrated, Hatom users will borrow across ecosystems using their existing deposits. At the same time, users on other chains will gain access to Hatom’s competitive yields through the Soul interface, drawing more liquidity into @MultiversX.
As Hatom becomes a multichain protocol, Soul will serve as the connective layer, linking all deployments into one seamless experience.
Soul Testnet is now live, giving users a chance to explore the platform and experience the future of cross-chain DeFi. As a token of appreciation for early community support and valuable feedback, testnet participants can earn rewards through a quest-based system. Completing quests generates “Seeds,” which will later be converted into $SO tokens at the TGE, rewarding users who help refine and bulletproof @0xsoulprotocol
For @MultiversX, integration with @axelar is underway, and support for @LayerZero_Core is being developed in a joint effort between Hatom and the @MultiversX Foundation.
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.
🧵
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.]