Question 1

What is Soil (SOIL)?

Accepted Answer

Soil (SOIL) is a decentralised finance (DeFi) protocol that functions as a credit marketplace, bridging traditional finance (TradFi) and blockchain-based lending solutions. Operating on the **Polygon network**, Soil leverages blockchain technology to facilitate secure, transparent, and efficient lending and borrowing. The platform automates loan agreements and risk management through smart contracts, eliminating the need for intermediaries. Its core mission is to provide institutional and retail investors with accessible financing options, seamlessly integrating blockchain innovations into traditional financial systems.

Question 2

What is Soil (SOIL) used for?

Accepted Answer

The SOIL token powers the platform and serves multiple purposes within the ecosystem:

1. **Lending and Borrowing:** Users can lend digital assets to earn passive income or borrow assets by providing collateral. These transactions are securely managed through smart contracts.  
2. **Governance:** SOIL token holders actively participate in decision-making processes, voting on protocol upgrades, risk parameters, and strategic developments.  
3. **Collateralisation:** SOIL tokens can be used as collateral for securing loans, ensuring liquidity and risk mitigation within the marketplace.  
4. **Staking:** Users can stake SOIL tokens to support network security and operations, earning rewards in return.

Question 3

Who created Soil (SOIL)?

Accepted Answer

Soil (SOIL) was founded by a diverse and experienced team with backgrounds in finance, technology, and marketing:

- **Jakub Bojan** – Chief Executive Officer (CEO)  
- **Nick Motz** – Chief Investment Officer (CIO)  
- **Mateusz Mach** – Chief Technology Officer (CTO)  
- **Michael Maciuk** – Chief Marketing Officer (CMO)

This leadership team combines financial expertise, technological innovation, and strategic marketing to drive Soil’s growth and integration into both DeFi and TradFi sectors.