Is this project worth paying attention to?



After following for over 30 weeks, it feels like Soul Protocol has allowed many people to experience the true charm of DeFi during its testnet phase. From the data, the project indeed has some tricks: $6 million in funding, over 290,000 wallets, and on-chain transaction volume exceeding 6 million — these indicators show good activity and ecosystem heat. The full-chain liquidity layout is also quite balanced.

What’s more interesting is the community co-creation model. The project sets up periodic incentives, selecting the top 25 active contributors each week and awarding different rewards based on their ranking. Although the actual distribution will happen after TGE, this mechanism effectively encourages early community participation.

Hidden opportunities do exist in lesser-known projects. If the fundamentals continue to improve, the community consensus built in the early stages could lead to a qualitative change after the mainnet launch.
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CryptoDouble-O-Sevenvip
· 01-06 06:00
Wait, 290,000 wallets? This data feels a bit fake. --- 30 weeks already, truly patient. I just want to know if TGE will be another rug pull. --- Community incentive models are indeed innovative, but the key is whether the mainnet can survive. --- A trading volume of 6 million sounds like a lot; breaking it down per person will make it clear. --- Rewards for the top 25... I bet five dollars that only the big players will end up with them. --- Hidden opportunities in obscure projects? Or maybe they are just truly cold. --- Liquidity balancing does have some merit, but it’s all pointless before the mainnet. --- Still writing "perhaps worth paying attention to" after 30 weeks, isn’t that implying they’re not confident? --- How active are the 290,000 wallets? That’s the real key. --- Don’t be too optimistic before TGE; let’s wait until it’s actually launched.
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NftMetaversePaintervip
· 01-05 05:58
actually, the algorithmic elegance of soul protocol's incentive mechanism is precisely what fascinates me—let me dissect this through the lens of computational game theory... the weekly contributor ranking? that's a generative reward topology with immense aesthetic potential. most people miss the deeper hash value here.
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BearMarketLightningvip
· 01-05 05:49
Only 290,000 wallets after such a long time? The popularity seems average. How to put it, the weekly incentive mechanism sounds good, but I'm just worried that after TGE it will be a mess again. Niche is niche, but these numbers really don't tell us much. Let's wait for the mainnet to see, it's too early to draw conclusions now.
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AlphaWhisperervip
· 01-05 05:43
After following for so long, the 290,000 wallet is honestly still quite interesting. Let's see if the mainnet can hold up.
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ApeWithNoFearvip
· 01-05 05:34
After following for so long, I really feel that the community atmosphere is quite something.
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ZenChainWalkervip
· 01-05 05:33
After following for so long, I really do feel it's a bit different. Wait, can we trust the data of 290,000 wallets and 6 million in trading volume? Or is there some water (inflation) involved?
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