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![_AstaCrypt Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1820278099637866496.png) 𝐀𝐒𝐓𝐀 🧑‍🌾 [@_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:

→ 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 you’ve supplied
- how much you’ve borrowed
- how much you’ve pledged as collateral
- how much interest you’ve earned
all of this is packed into an ERC20 you can actually move across chains.

what’s sToken utilities…?
- supply() → mint sTokens for your deposits
- redeem() → burn sTokens + withdraw principal + interest
- repayBorrow() → clear your debts
- addCollateral() → boost your borrowing power

and thanks to SoulController + AdapterParams, 
you’re not stuck on one chain, which actually soul protocol is not meant for one chain but “cross-chain”. 

so yeah, you’re holding a “tokenized deposit”…
but it’s better to take it as your key to DeFi across different chains.


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1944655690892456072/c:line.svg)

**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.]

_AstaCrypt Avatar 𝐀𝐒𝐓𝐀 🧑‍🌾 @_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:

→ 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 you’ve supplied
  • how much you’ve borrowed
  • how much you’ve pledged as collateral
  • how much interest you’ve earned all of this is packed into an ERC20 you can actually move across chains.

what’s sToken utilities…?

  • supply() → mint sTokens for your deposits
  • redeem() → burn sTokens + withdraw principal + interest
  • repayBorrow() → clear your debts
  • addCollateral() → boost your borrowing power

and thanks to SoulController + AdapterParams, you’re not stuck on one chain, which actually soul protocol is not meant for one chain but “cross-chain”.

so yeah, you’re holding a “tokenized deposit”… but it’s better to take it as your key to DeFi across different chains.

XXX engagements

Engagements Line Chart

Related Topics gon etherfi protocol token tokenized $3626t ethereum coins layer 1

Post Link

post/tweet::1944655690892456072
/post/tweet::1944655690892456072