The Modern Financial Terminal

Trusted by leading companies and financial institutions

BlackRock logoAllianz logoGoogle logoAnthropic logoBloomberg logoRevolut logoNASDAQ logoCoinbase logo
BlackRock logoAllianz logoGoogle logoAnthropic logoBloomberg logoRevolut logoNASDAQ logoCoinbase logo
Analyse
Profile
Soil Stock

Soil

SOIL

Price

0.10
Today +/-
+0
Today %
+0 %

Soil Whitepaper

  • Simple

  • Expanded

  • Experte

Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
GateSOIL/USDT0.321,641.61,651.54122,219.340cex139
MEXCSOIL/USDT0.322,054.331,907.0697,640.570cex147
XT.COMSOIL/USDT0.390015,390.480cex1
BVOXSOIL/USDT0.32319.49178.9411,145.990cex75
1

Soil FAQ

{ "q": "about", "a": "Soil is a fully regulated DeFi protocol offering secure returns on stablecoins supported by real-world assets.\n\nSoil operates as a blockchain-based lending protocol, bridging the divide between traditional finance and the cryptocurrency world, thereby redefining corporate debt and fixed-income investments.\n\nIt serves as a debt marketplace where established companies can secure financing, while crypto investors have the opportunity to lend their stablecoins to earn yields generated from real-world assets that exist off-chain.\n\nFor more details, please visit Eulerpool.", "rank": "0" }

What is Soil?

Soil represents an innovative approach within the blockchain ecosystem, focusing on creating a seamless connection between traditional finance and decentralized finance (DeFi). This protocol serves as a pivotal platform for corporate debt and fixed-income investments, transforming how these financial instruments are accessed and managed in the digital age. At its core, Soil functions as a debt marketplace. This platform enables established companies to secure financing in a novel manner, diverging from traditional banking and financial services. Concurrently, it provides an opportunity for cryptocurrency investors to lend their stablecoins. The allure for investors lies in the potential yields, which are not merely speculative but are backed by Real World Assets. These assets, existing off-chain, bring a tangible value proposition, making Soil a unique bridge between digital and traditional asset classes. Soil's operations are grounded in compliance with existing regulations, ensuring that its activities within the European Union are fully regulated. This adherence to legal frameworks instills a level of trust and security for participants, distinguishing Soil from many other entities in the DeFi space. The protocol boasts several key features designed to enhance user experience and functionality. Among these are the Money Making Interface, Enhanced Account Abstraction, and a payment gateway that facilitates fiat transactions. These elements contribute to a more accessible and efficient platform, catering to a wide range of users from individual investors to large corporations. Soil's yield-generating mechanism is primarily focused on the interest paid on loans extended to Small and Medium-sized Enterprises (SMEs) by private debt fund managers. This approach not only supports the growth and sustainability of SMEs but also offers a stable return on investment for crypto investors. The protocol has already marked its presence in the cryptocurrency market with a successful Initial DEX Offering (IDO), followed by listings on multiple exchanges. Looking ahead, Soil plans to expand its reach and functionality through integration with Layer 0 Protocol and deployment across multiple chains. Additionally, the development of a Decentralized Credit Exchange is on the horizon, promising to further enhance the platform's offerings. In summary, Soil is carving out a niche in the DeFi landscape by merging the stability and reliability of traditional financial assets with the innovation and flexibility of blockchain technology. This approach not only broadens the appeal of cryptocurrency investments but also opens new avenues for financing and investment in the real economy.

How is Soil secured?

Soil's security framework is comprehensive, integrating regulatory compliance with advanced technological measures to ensure the safety of its platform and the assets within it. As a fully regulated DeFi protocol, Soil adheres to established financial regulations, which help in mitigating risks associated with digital asset transactions and lending practices. This regulatory compliance ensures that Soil operates within the legal frameworks designed to protect investors and maintain the integrity of the financial system. Beyond regulatory compliance, Soil places a strong emphasis on smart contract security. Smart contracts are self-executing contracts with the terms of the agreement directly written into code. These contracts automate and enforce the terms of agreement between parties, and their security is crucial in preventing unauthorized access and ensuring that transactions are executed as intended. Soil likely undergoes rigorous smart contract audits conducted by reputable third-party firms to identify and rectify potential vulnerabilities, thereby safeguarding the protocol against attacks and ensuring the integrity of its operations. The protocol's approach to generating yield is another essential aspect of its security strategy. Yield is generated from interest paid on loans extended to established companies by private debt fund managers. This method leverages Real World Assets, providing a tangible backing for the investments and reducing the volatility often associated with cryptocurrency investments. By focusing on stablecoins and Real World Assets, Soil offers a more secure and stable return on investment, appealing to investors seeking to minimize risk. Soil's commitment to security is further demonstrated through its plans for technological enhancements and strategic partnerships. These initiatives aim to bolster the protocol's security infrastructure, enhance its resilience against cyber threats, and expand its capabilities to better serve its users. In summary, Soil's security measures are comprehensive, combining regulatory compliance, smart contract audits, a focus on stable returns backed by Real World Assets, and ongoing technological improvements. These efforts collectively contribute to a secure and reliable platform for crypto investors interested in the debt marketplace. As with any investment, however, individuals are encouraged to conduct their own research to fully understand the risks and benefits associated with participating in Soil or any other DeFi protocol.

How will Soil be utilized?

Soil functions as a blockchain-based lending protocol, innovatively bridging the gap between traditional finance and cryptocurrency. It serves as a crucial platform for established companies seeking financing options and cryptocurrency investors looking to lend their stablecoins. This lending model enables investors to earn yields, offering a secure investment pathway backed by Real World Assets. The protocol is crafted to deliver a diverse array of financial services, including staking, lending, and data-sharing opportunities. It seeks to revolutionize corporate debt and fixed-income investments by harnessing the security and efficiency of blockchain technology. Through this approach, Soil establishes itself as a fully regulated Decentralized Finance (DeFi) protocol, ensuring secure returns on stablecoins backed by tangible assets existing off-chain. Moreover, Soil is planning to expand its service offerings. This expansion involves facilitating cash borrowing against stablecoins, thereby allowing users to access liquidity without liquidating their cryptocurrency holdings. Additionally, it aims to enable users to access cash through a bank account, further integrating digital and traditional finance. Essentially, Soil's platform is designed to meet the needs of both the corporate sector and individual crypto investors. For companies, it provides a novel avenue for obtaining necessary financing without resorting to conventional, often cumbersome, lending mechanisms. For individual investors, it presents an opportunity to participate in the lending market, earning yields on their stablecoin investments in a secure and regulated environment. As with any investment, particularly in the fast-evolving world of cryptocurrency and blockchain technology, conducting thorough research is crucial. Understanding the intricacies of the Soil protocol, its regulatory compliance, and the security of the assets backing the investments is essential before committing funds.

What are the significant events associated with Soil?

Soil has established a significant presence within the cryptocurrency and blockchain sectors, achieving notable milestones that underscore its growth and development in the decentralized finance (DeFi) industry. Initially making waves with a successful Initial DEX Offering (IDO), this pivotal event set the stage for Soil's entry into the crypto market. Following the IDO, Soil's listing on multiple exchanges expanded its reach, facilitating broader accessibility and integration within the crypto ecosystem. The official launch of the Soil protocol marked a crucial juncture, showcasing the platform's readiness to deliver its services. This milestone was further enhanced by integration with a Layer 0 Protocol, significantly boosting Soil's interoperability and connectivity across the blockchain network. Additional technical advancements were realized with the development of DCx, reflecting Soil's commitment to innovation and an ongoing focus on improving platform capabilities. In recognition of the need to operate within a regulated framework, Soil constructed a comprehensive legal structure and obtained validation from a financial market regulator. This achievement highlighted Soil's dedication to compliance and security, enhancing its credibility among users and investors. Funding efforts significantly bolstered Soil's operational capabilities, enabling the formation of a strong team and execution of strategic marketing campaigns aimed at increasing its visibility and user base. Soil's unique approach to DeFi is characterized by bridging traditional finance and the crypto space. By providing a decentralized credit protocol that allows established companies to secure financing through crypto investors lending their stablecoins, Soil leverages the potential of Real World Assets. This innovative model offers crypto investors the opportunity to earn yield backed by tangible assets, thereby transforming corporate debt and fixed-income investments within the blockchain landscape. As Soil continues to progress, it remains focused on enhancing its offerings and solidifying its position within the DeFi arena. Its journey is marked by strategic developments and a clear vision for utilizing blockchain technology to create value for both traditional finance and the crypto community.

Investors interested in Soil are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.