[PRESS RELEASE – Singapore, Singapore, 11th November 2021] Platform Primed To Merge DeFi Lending With Sol ID Credit Ranking System
Innovative lending solution, Soda Protocol, is now live on the mainnet. Following the community’s successful Alpha DevNet test conducted over six weeks, Soda Protocol’s capital-efficient lending platform is taking its first steps towards integrating lending with a “credit rating” system on the Solana blockchain network.
As part of the mainnet launch, Soda Protocol is embarking upon a liquidity provision campaign, Soda Sparkling, which will allow users to deposit funds into the platform’s lending pools in return for liquidity provider rewards. To pay tribute to the launch, Soda Protocol also revealed a retroactive airdrop plan depending on the time-weighted supply and borrow amount for community members.
Per Colin Iliad, a Soda Protocol Co-Founder, “Soda Protocol is our attempt to improve capital efficiency for the entire DeFi ecosystem. We wil
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