Soul Labs Launches $SO Public Sale with Focus on Open Access and Community Participation

May 16, 2025 – The $SO public sale has officially launched, offering the Soul ecosystem an opportunity to participate in the token sale. With a focus on open access and community ownership, Soul aims to align access, ownership, and value in the decentralized finance (DeFi) space.

Soul’s Vision and Momentum

Soul, which has been under development for the past two years, strives to make on-chain credit more accessible and usable for everyone. The protocol recently launched its Testnet, and the momentum has been notable:

• Over 300,000 users have explored the decentralized application (dApp)
• More than 125,000 wallets have interacted with the protocol
• Over 2 million transactions have been processed
• The Soul community has grown to over 100,000 members

These early metrics highlight the growing interest in the platform and its potential within the DeFi space.

Key Features of the $SO Public Sale

The $SO public sale is structured around three guiding principles that emphasize fairness and transparency:

1. Open Access: 25% of the total token supply is allocated to the community, ensuring that participants have equal opportunity to engage in the sale.
2. Community-Priced: The final valuation of $SO is determined by the market through total participation, allowing for a price set by the community rather than being fixed by the project team.
3. Real Ownership from Day One: All tokens from the public sale will be fully unlocked at TGE (Token Generation Event), which avoids artificial scarcity and aligns ownership with utility from the outset.

These principles reflect Soul’s commitment to fairness, transparency, and decentralization, with the aim to empower the community that shapes its future.

Community Reaction

• Positive – The launch is being seen as a step forward for fair and community-first DeFi projects.

Key Sentiment:

• Community members are optimistic about the token’s open-access structure and the project’s emphasis on real ownership.
• There’s growing interest in Soul’s narrative of aligning access, ownership, and value in DeFi.

Will Soul’s commitment to fairness and transparency be enough to stand out in today’s crowded DeFi landscape?

Aims to Revolutionize DeFi Ownership

Soul’s public sale marks a key step toward revolutionizing DeFi ownership by ensuring that those who contribute to the ecosystem have a real stake in the protocol. The project intends to build a DeFi primitive where ownership, access, and value are aligned for all participants.

With the $SO token sale now live, interested parties can participate through the official sale platform at app.soul.io/ico. The $SO token represents a key asset in Soul’s ecosystem, which aims to redefine access to financial products through blockchain technology.

For further details on the $SO public sale, you can visit Soul’s official announcement on Mirror.xyz here.