SoulSwap Finance Interview: The New DeFi Protocol on Fantom | HackerNoon

Our primary features that attract the most users I would say are the bonds and the farms.

Users are switching between the farms and the bonds, from the temporary liquidity model into the permanent liquidity model . We have ours built in, we own our liquidity, it’s not going away, it’s staying there and it’s only increasing. We’re also not subject to constraints brought on by having a lot of VC investors that we’re trying to satisfy.

But I had to take on the role as we’ve grown and as we’ve had a lot of requests from the community to change a lot of things.Yeah I would also say it’s the frontend, we can build smart contracts really quickly and test them. SOUL is also bought back using the fees from the SoulSwap DEX, so just by holding SOUL you’re benefiting from the fees that are being generated on the protocol.SOUL is able to be paired with a number of other tokens in order to gain a boost to farms.

Our launchpads will be really scalable as well. We have a host function so if anybody has a huge community and wants to set up their own launchpad or launch a new project, we can give them a hosting status. Basically our NFT launchpad allows anyone to create an NFT token for free, they own it completely and it allows them to build up their brand.

We have nine different sales models but at the start there will only be three, since the remaining six models are more complex to deal with.So basically, you’re a creator, you’ve created your collection, set up your NFT sale model and sold your NFT’s.Imagine there’s a 100 different NFT collections raising different amounts, we get 10% of whatever any project makes through the minting process.

So let’s say you have an NFT and you need to borrow money. You put up your NFT as collateral then you borrow some money, and pay it back when it is due.So there’s that, there’s also going to be an NFT marketplace where you can buy the floor, set floor orders and stuff like that.You’ll be able to make an NFT collection and just like CryptoPunks you’ll be able to create your own marketplace and whitelist the collections that go on it.

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