Soda Protocol: A Smart Lending Protocol with Credit System
The Soda Protocol platform was created to merge DeFi Lending with the trustful Sol ID Credit Ranking system. Basically, Soda Protocol’s platform empowers its users to stake SODA tokens to generate liquidity rewards for themselves.
Soda Protocol, which successfully passed the Alpha Devnet community test run for a period of six weeks, is an innovative lending solution now available in the mainnet. Soda’s innovative capital-efficient lending platform is opening the path towards integrating lending with a credit rating system.
More specifically, Soda Protocol operates over loans traced by the Sol ID Credit Ranking system on the Solana blockchain platform.
Soda Protocol’s team, comprised of blockchain and DeFi industry veterans, believed in Solana from its early days, for its potential to beco...