According to Foresight News, Soul Labs, a blockchain developer, has recently announced the launch of its cross-chain lending platform, Soul. The platform is designed to connect various lending protocols and blockchains, allowing users to lend and borrow across different platforms and networks. The aim is to unify liquidity and lending capabilities.
Soul employs a full-chain approach, not relying on asset bridging or synthesis, and can directly lend native assets. It uses LayerZero for cross-chain communication. The platform does not require permission, is resistant to censorship, and has multiple fallback mechanisms. It supports various types of DApps.
