Tokens

SOUP - Soup Dollar

SOUP tokens are designed to be used as a medium of exchange. The built-in stability mechanism in the protocol aims to maintain SOUP's peg to 1 Binance (BNB) token in the long run.

SOUPS - Soup Shares

Soup Shares (SOUPS) is the utility token for Soup protocol. Holders of SOUPS tokens can be locked up to claim a pro-rata share of SOUP tokens accumulated in the Boiler contract.

SOUPB - Soup Bonds

Soup Bonds (SOUPB) help to incentivize changes in SOUP supply during both epoch expansion and contraction periods. When the TWAP of SOUP falls below 1 BNB, SOUPB gets issued and can be bought with SOUP at the prevailing price.
SOUPB holders can exchange for SOUP tokens whenever the Soup Protocol's treasury has available SOUP for redemption.
SOUPB tokens have no expiration.
Last modified 9mo ago