Soil’s Decentralized Credit Protocol Achieves Over $2M in TVL
With its unique blockchain-based infrastructure, the recently-launched protocol offers seamless access to the lucrative Real World Asset (RWA) market, catering to both institutional investors and individual participants
The decentralized credit protocol Soil has ambitious plans to reshape the global investment and stablecoin yield generation landscapes. With its unique blockchain-based infrastructure, the recently-launched protocol offers seamless access to the lucrative Real World Asset (RWA) market, catering to both institutional investors and individual participants.
Soil's recent milestones and strategic partnerships underscore its readiness to capture, in particular, a share of the $14 trillion corporate debt market. Last October, the protocol conducted a successful Initial DEX Offering (IDO), during which it raised over $800,000 across three launchpads. Afterwards, the $SOIL token debuted on two centralized exchanges, Gate.io and MEXC, and leading DEX Uniswap. Since its public launch on January 11, Soil has seen Total Value Locked (TVL) cross the $2 million mark.
