Sohei

1. Summary

Ranks

Liquidity

-

Developer

-

Social

21

Momentum (beta)

0

Stack Rank™

-

Price

$0.000197930000 0.0%

Market Cap

$0.00 (#11571)

Supply

/

Tags

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Price
52W High price	$0.04
52W High date	21st Mar 2023 (2 years ago)
All Time High (ATH) Date	22nd Feb 2025 (1 month ago)
All Time Low (ATL) Date	22nd Feb 2025 (1 month ago)

Supply & Trading Volume
Trading Volume (24h)	$5.00

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Description

Sohei is a decentralized lending protocol built on Arbitrum, aiming to revolutionize DeFi by offering a capital-efficient lending market that supports a variety of assets. It features an innovative liquidation system leveraging off-chain liquidity and Dutch auctions, prioritizing partial liquidation of collateral and allowing borrowing and lending...

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Sohei is a decentralized lending protocol built on Arbitrum, aiming to revolutionize DeFi by offering a capital-efficient lending market that supports a variety of assets. It features an innovative liquidation system leveraging off-chain liquidity and Dutch auctions, prioritizing partial liquidation of collateral and allowing borrowing and lending for exotic collateral assets with higher loan-to-value ratios, better collateral factors, and higher debt ceilings than competitors.

The $HEI token is multifunctional, serving several purposes in the protocol. Token holders earn a part of the revenue generated by the protocol and are entitled to vote on important governance decisions. Additionally, holders of $HEI will enjoy additional advantages such as improved loan-to-value ratios, reduced borrowing costs, and better deposit rates as the protocol evolves. The token can also be staked to earn an APY and protect lenders against loss, with stakers receiving fees from liquidations and higher APYs for longer token durations. Overall, Sohei aims to unlock the value of a wide range of cryptocurrency assets through its cutting-edge lending protocols.

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