KarinateG
Web3 Ambassador | Content Creator | Social Media Manager |
@propbaseapp Ambassador | @soil_farm Ambassador
NB: Always DYOR before making any investment!
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How Blockchain Eliminates Inefficiencies in Business Lending: SOIL Protocol Model
I recently took part in the Soil.co lending pool, and the experience further highlighted the changes in the business lending and private credit sectors. I earned an 8% annual percentage rate (APR) over six months by depositing my $USDC DC into a $5 million pool. No bankers, no paperwork, no never-ending email exchanges. It was a quick, easy, and straightforward experience. It was a compelling demonstration of how blockchain eliminates the inefficiencies that have dogged corporate financing for d
It turns out now that Aussies can now buy $XRP from ATMs. That’s a big leap for crypto adoption. Institutions like Bank of America have shown interest in XRP, and the ecosystem is clearly gaining momentum.
Meanwhile, $SOIL is developing a product for XRP’s upgraded Ledger, which will soon support smart contracts. Their goal is to become the first institutional-grade yield protocol on #XRPLedger
It's still early, but it's definitely worth watching.
#defi
#Web3
#SOIL
Meanwhile, $SOIL is developing a product for XRP’s upgraded Ledger, which will soon support smart contracts. Their goal is to become the first institutional-grade yield protocol on #XRPLedger
It's still early, but it's definitely worth watching.
#defi
#Web3
#SOIL
$SOIL Multichain Guarantee Fund is essentially a safety net for those who put their money into the protocol. If someone borrows money through $SOIL and is unable to repay it for any reason, this fund will step in to replace the loss so that the lender does not lose anything. Although there's no reason to fear because they have a proven record of a 0% default rate. Meaning, they've never lost a cent.
This fund was established with funds raised when #SOIL originally launched in October 2023, and it continues to expand as the platform's revenue increases. It uses smart contracts and It operates on several blockchains. #SOIL also ensures that all loans are secured by actual assets ( #RWA ), and simply not digital coins. They made the Guarantee Fund to give investors like you and I extra peace of mind, especially those who don’t like taking big risks.
In short, it’s their way of saying: “We’ve got your back.”
Now, do you want to earn STABLE #yield with peace of mind? Find out more information 👇
https://x.com/soil_farm
#DeFi #Crypto #blockchain
This fund was established with funds raised when #SOIL originally launched in October 2023, and it continues to expand as the platform's revenue increases. It uses smart contracts and It operates on several blockchains. #SOIL also ensures that all loans are secured by actual assets ( #RWA ), and simply not digital coins. They made the Guarantee Fund to give investors like you and I extra peace of mind, especially those who don’t like taking big risks.
In short, it’s their way of saying: “We’ve got your back.”
Now, do you want to earn STABLE #yield with peace of mind? Find out more information 👇
https://x.com/soil_farm
#DeFi #Crypto #blockchain
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