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Soul Protocol truly addresses the pain points of DeFi. Its incentive testnet demonstrated what disruptive design really means: users don't have to worry about which blockchain their assets are on when operating, as all cross-chain complexities are hidden beneath the protocol layer.
This sounds simple, but how big is the problem it solves? Cross-chain operations have long been a nightmare for DeFi users—it's not only cumbersome and costly but also involves additional security risks. Soul Labs' solution directly simplifies the entire process, significantly improving user experience. This abstract design approach is worth emulating for more DeFi projects.
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Feels like another "revolutionary" design; it's not too late to hype it up once it's on the mainnet.
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Hiding complexity sounds good, but the key is who will take responsibility if something goes wrong later.
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Finally, someone is thinking about user experience. Those previous cross-chain solutions indeed cost me a lot of gas fees.
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Simplifying the process is a good thing, but I'm worried they might just find another way to cut the users' gains. We need to see how the tokenomics are designed.
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If this really works, how many competitors will be kept awake at night, haha.
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No, why does every new project claim to solve the pain points of DeFi? I just want to ask, why didn't anyone think of this earlier all these years?
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It's interesting, but incentivized testnets and mainnets are two different things. It all depends on whether it can be implemented finally.
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In my opinion, abstract design ideas are not new; the key is execution capability.