Soil is a fully regulated DeFi protocol that provides secure returns on stablecoins backed by Real World Assets. It serves as a blockchain-based lending protocol, bridging the gap between traditional finance and the crypto world, and reshaping corporate debt and fixed-income investments.
Core Function
Soil operates as a debt marketplace where:
– Established companies can obtain financing
– Crypto investors can lend their stablecoins to earn yield
– Returns are derived from Real World Assets existing off-chain
Key Features
1. Money Making Interface
2. Enhanced Account Abstraction
3. Payment gateway for fiat transactions
Yield Generation
The primary source of yield is interest paid on loans extended to Small and Medium-sized Enterprises (SMEs) by private debt fund managers.
Security Measures
1. Regulatory Compliance: Fully regulated within the European Union
2. Smart Contract Security: Rigorous audits by third-party firms
3. Real World Asset Backing: Reduces volatility and risk
4. Ongoing Technological Enhancements
Planned Expansions
1. Integration with Layer 0 Protocol
2. Deployment across multiple chains
3. Development of a Decentralized Credit Exchange
Use Cases
1. For Companies:
– New avenue for obtaining financing
– Alternative to conventional lending mechanisms
2. For Crypto Investors:
– Opportunity to engage in the lending market
– Earn yields on stablecoin investments in a regulated environment
3. Expanded Services:
– Cash borrowing against stablecoins
– Access to cash through bank accounts
