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Soul Staking
SeanceCircle (SEANCE) is the place you want to go when you want to HODL while earning. Deposit your SOUL to receive SEANCE in return, which may be used to interact with our DeFi Suite.
SeanceCircle functions as the means by which one may unlock the full potential of your SoulPower. SEANCE represents staked SOUL and is required collateral for unlocking your staked SOUL. Namely, the only way to unstake your SOUL is by burning your SEANCE.
We do this in order to add intrinsic value to SEANCE as a means of account, such that every SEANCE in circulation represent a SOUL that is staked in our protocol. In other words, one less SOUL on the market and one more loyal member of our SeanceCircle.
Last modified 2mo ago