DeFi lending is broken—liquidity and yields are fragmented.
@0xSoulProtocol protocol is fixing that by creating a unified liquidity layer.
Here's an ELI5 explanation + Testnet guide 🧵

1/➣ What's @0xSoulProtocol?
Soul is a cross-chain lending protocol aggregator for seamless lending and borrowing across leading platforms and networks.
Soul leverages LayerZero and other interop apps for cross-chain communication channels to keep track of users' positions.

➣ Soul employs interoperability technologies to enable seamless cross-chain communication.
For example, users can supply assets on Aave Arbitrum and borrow from Compound Ethereum.
Soul functions as an infrastructure layer and does not have its lending pools.
2/➣ Competitive Advantage
Cross-Chain Prowess: Soul effortlessly connects lending protocols across various blockchains.
Cross-Lending: By integrating Stargate, Soul simplifies user interactions, removing complexity.
Risk Diversification: Users can diversify collateral and borrowings across multiple blockchains and lending protocols.
Cross-Chain Optimizer: Soul's Optimizer lets users switch positions between lending protocols across blockchains for the best rates.
3/➣ Testnet
Here's a simple and comprehensive guide:
- Go to: app.soul.io
- Head over to SEEDS and complete all the tasks (pay close attention to "Create and Earn")
- Invite friends

➣ Most of the tasks will require you to lend/borrow through different chains.
Make sure to do that not only for the testnet completion, but to experience for yourself the power of Soul and the problems it solves.
You'll instantly see the advantages it offers.
4/➣ Public Sale
Moreover, the public $SO is going live soon on @xlaunchpadapp!
I've already taken the first steps to participate, make sure you don't miss it.
The sale goes live on May 16th.
x.com/Defi_Warhol/status/19222...
5/➣ @0xSoulProtocol x @KaitoAI
Soul is allocating 1.5% of its supply to Yappers and the Kaito ecosystem:
- 0.5% for top Soul Yappers
- 0.5% to all Yappers based on seed points
- 0.5% to the Kaito ecosystem based on seed milestones
SO, START YAPPING!
x.com/KaitoAI/status/192263942...
6/➣ Team
The core team behind Soul Protocol has already built @hatomprotocol. It was the leading DeFi project on @MultiversX with more than $250m in TVL.
The team already has vast experience building innovative and secure DeFi products.
7/➣ Final Thoughts
I admire Soul's idea to fix DeFi lending and their silent hustle for the past few years of solving this issue.
They're planning on giving 50%+ of the token supply to the community and are oriented towards users first.
Kudos to the entire team!
If you enjoy my content and want to support me, make sure to follow my TG channel.
I post more exclusive alpha content there ↓
t.me/defiwarhol
Also, follow these chads for the best alpha content ↓
➣ @DeRonin_
➣ @arndxt_xo
➣ @TheDeFinvestor
➣ @the_smart_ape
➣ @poopmandefi
➣ @0xAndrewMoh
➣ @eli5_defi
➣ @izu_crypt
➣ @DOLAK1NG
➣ @splinter0n
➣ @0xTindorr
➣ @Hercules_Defi
➣ @CryptoShiro_
➣ @RubiksWeb3hub
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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