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Protocol Overview
Summoning from the shrouds of Fantom, Soul Protocol emerges. A fully decentralized multi-chain ecosystem that has enabled cross-chain incentives without inflating the emission rate.
Decentralized powerhouse with interoperability ingrained from the very start. We have taken bits and pieces of what has worked for other projects that will never be able to do what we can do, thanks to the gift of hindsight. We plan to channel only the best of the best into our ecosystem. Now, allow us to convince you how we achieve this and why we are different from those that come before us.
It's a no brainer! In very simple terms, why would we want to drive a slower car that costs more to run? While Fantom might not have the level of adoption Ethereum does at current, we believe in Fantom's ability and drive to get it mighty close in the foreseeable future. Sure, launching on Ethereum would be the easiest thing to do and probably receive faster initial uptake, but we like a challenge and are betting on Fantom's future.
Faster, cheaper, more resilient? Sold.
We’re here to build upon the work of the likes of Uniswap, SushiSwap, and PancakeSwap. We respect these protocol so much, in fact, we replicated their work from the ground up.
We improved upon Uniswap's governance model, adopted incentives from Sushi and Pancake, while eliminating the oligarchy inherent in the UNI's governance model, and the static, one-dimensional rewards mechanism inherent in Sushi and Pancake.
We eliminate the smart contract bug tied to emergency withdrawal and thereby liberate the ingenius Syrup model PancakeSwap invented, though no longer able to utilize, whilst adding a dynamic rewards structure enabling rewards distribution to exist on multiple blockchains without increasing inflation.
What does that mean exactly? We’re pushing the boundaries of decentralized finance with a focus on gamification and future-proofing our tech with elements right out the minds of blockchain developers, marketing experts, economists, front-end web3 developers, and some friends with deep pockets who know what we are capable of achieving and are eager to show their support.
Last modified 1yr ago