The 6 months of @SonicLabs S1 has been a journey.
From ourdeployment of v2 contracts to the release of managed vaults and xSILO, we've broken milestone after milestone thanks to the support of the Sonic ecosystem.
Silo Sonic S1 Highlights.
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🥇 Leading Lending Market
Silo is currently Sonic's leading lending market with $154m in active loans against $320m in deposits.
This is reflected in our massive share of Sonic Gems - 29.6% of the ENTIRE supply is going back to Silo Sonic users.
🤝 Ecosystem Liquidity Hub
Silo Sonic is now positioned as the premier liquidity hub connecting multiple key Sonic protocols.
Whether a DEX, liquidity aggregator, yield trading platform, or LST, we unlock yield and leverage with our 44 Sonic markets.
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