Newest progress on Soda V2

In the past 2 months, the Crypto market has changed dramatically. On one hand, more and more “new money” rushes into Blockchain and DeFi; on the other hand, the craziness of “Liquidity Mining” has ended.

When we were writing the code of V2, we spent quite some time in thinking. We still believe in the future of decentralized finance, and will stick to our very initial goal: to bring more liquidity to the market and to provide investors more innovated assets.

Comparing to the old version, V2 has the following features:

• It doesn’t provide liquidity mining for SODA itself.
• Based on the functions of AAVE, it will provide a series of vaults for stable coins, including DAI, USDC, and USDT
• Investors can now borrow sdUSD, and gain SODA by providing liquidity to the USDC-sdUSD pair.
• By staking SODA, investors can get revenue sharing.
• The DEV team will control no private key and the platform will be fully decentralized and subject to the votes of the SODA stakers.

In the future, we will continue to discover investment strategies with a higher return, and develop more synthesized assets.

The contract code is at

https://github.com/soda-finance/soda-v2-contracts

which will be audited soon.

Please stay tuned and hopefully we can bring you more good news.