[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  đđđđ đ§âđž [@_AstaCrypt](/creator/twitter/_AstaCrypt) on x 2454 followers Created: 2025-07-14 07:10:21 UTC talking bout @0xSoulProtocol smart contracts, we have to start with the one that quietly powers it all: â sToken contract without proper thinking? you might think tis another tokenized deposit setup. you supply assets, get a token back that accrues interest. but hey think different, soul protocol sToken is doing way more. fyi; in DeFi, you can stake ETH on places like EtherFi or Renzo and receive eETH or ezETH in return. think of these as tokens that represent your stake, they generate returns and can be used as collateral. but soul protocol sToken does more than just generate returns. it keeps track of everything about your position, what you've provided, borrowed, collateral, and earned, and it stays with you as you move between different chains. each sToken is tied to a specific chain + base protocol + asset. like, if you supply USDC on Scroll through Morpho-blue, you'll get sUSDC-Scroll-Morpho. you could say it's a token that's specifically tied to that market. sToken tracks: - how much youâve supplied - how much youâve borrowed - how much youâve pledged as collateral - how much interest youâve earned all of this is packed into an ERC20 you can actually move across chains. whatâs sToken utilitiesâŚ? - supply() â mint sTokens for your deposits - redeem() â burn sTokens + withdraw principal + interest - repayBorrow() â clear your debts - addCollateral() â boost your borrowing power and thanks to SoulController + AdapterParams, youâre not stuck on one chain, which actually soul protocol is not meant for one chain but âcross-chainâ. so yeah, youâre holding a âtokenized depositâ⌠but itâs better to take it as your key to DeFi across different chains. XXX engagements  **Related Topics** [gon](/topic/gon) [etherfi](/topic/etherfi) [protocol](/topic/protocol) [token](/topic/token) [tokenized](/topic/tokenized) [$3626t](/topic/$3626t) [ethereum](/topic/ethereum) [coins layer 1](/topic/coins-layer-1) [Post Link](https://x.com/_AstaCrypt/status/1944655690892456072)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
đđđđ đ§âđž @_AstaCrypt on x 2454 followers
Created: 2025-07-14 07:10:21 UTC
talking bout @0xSoulProtocol smart contracts, we have to start with the one that quietly powers it all:
â sToken contract
without proper thinking?
you might think tis another tokenized deposit setup. you supply assets, get a token back that accrues interest. but hey think different, soul protocol sToken is doing way more.
fyi; in DeFi, you can stake ETH on places like EtherFi or Renzo and receive eETH or ezETH in return. think of these as tokens that represent your stake, they generate returns and can be used as collateral.
but soul protocol sToken does more than just generate returns. it keeps track of everything about your position, what you've provided, borrowed, collateral, and earned, and it stays with you as you move between different chains.
each sToken is tied to a specific chain + base protocol + asset.
like, if you supply USDC on Scroll through Morpho-blue, you'll get sUSDC-Scroll-Morpho. you could say it's a token that's specifically tied to that market.
sToken tracks:
whatâs sToken utilitiesâŚ?
and thanks to SoulController + AdapterParams, youâre not stuck on one chain, which actually soul protocol is not meant for one chain but âcross-chainâ.
so yeah, youâre holding a âtokenized depositâ⌠but itâs better to take it as your key to DeFi across different chains.
XXX engagements
Related Topics gon etherfi protocol token tokenized $3626t ethereum coins layer 1
/post/tweet::1944655690892456072