Soup Finance is a decentralized cross-chain money market for web3. Soup Finance is building a unified lending protocol, which enables everyone to supply fungible tokens and non-fungible tokens (NFTs) as collateral, and lend NFTs risk-free.
The Soup Finance Protocol has its own native utility token aptly named ‘SOUP’, which is an integral and indispensable part of the Soup Finance platform, as there would be no incentive for users to expend resources to participate in activities or provide services for the benefit of the entire ecosystem on Soup Finance without $SOUP. The $SOUP token is owned, controlled, operated, maintained, and updated by the community of its users and workers.