Soil deployed RLUSD yield vaults on XRP Ledger, reaching $1M capacity in 72 hours.
Investors can stake XRP or deposit RLUSD/USD, selecting rewards in XRP or RLUSD via XRPL Native Lending.
Upcoming XRPL amendments aim to expand institutional access, compliant RWA yield, and broader vault offerings.

Soil unveiled its RLUSD Yield Protocol, the first DeFi product on XRP Ledger. Co-founders Nicholas Motz, Jakub Bojan, and Michael Maciuk revealed the vaults filled $1 million within 72 hours. The launch introduces compliant yield generation for Ripple’s RLUSD stablecoin.

Vaults, Rewards, and Staking Options

According to Nicholas Motz, Soil’s chief investment officer, users can lock XRP in the protocol and earn passive income. Investors choose rewards in either XRP or RLUSD, depending on preference.

Jakub Bojan highlighted that this flexibility allows participants to expand stakes or stablecoin holdings. The first vaults reached capacity in under three days, prompting immediate reopening for additional allocations.

The protocol uses the XRPL’s new Native Lending function to support RWA-backed yield. Odelia Torteman, XRPL Director of Corporate Adoption, noted community contributions to testing and compliance. Early engagement ensured the protocol aligns with regulatory standards while preparing for broader institutional participation.

Amendments and Institutional Readiness

Soil’s team expressed optimism about upcoming XRPL amendments. Nicholas Motz stated that amendments will facilitate access for institutional funds. About 70% of the product development is complete, with new vaults and stablecoin allocations reopening immediately.

Investors can now deposit RLUSD or USD to earn passive yield via the protocol. The project benefits from community involvement, particularly from XRPL developers and compliance testers.

The platform demonstrates XRPL’s capability to integrate institutional-grade DeFi products while maintaining security and regulatory adherence. This milestone reflects a growing trend of embedding real-world assets into XRPL-based financial applications.

Roadmap and Expansion Plans

Beyond the initial vaults, Soil plans additional offerings to expand the RLUSD Yield Protocol. Nicholas Motz indicated future iterations will provide more staking and reward combinations. Early adoption has validated demand, with users actively requesting subsequent vaults.

The roadmap emphasizes both retail and institutional participation while leveraging XRPL’s scalable infrastructure. Soil’s launch signals a broader push to bring decentralized finance into mainstream regulated frameworks, combining yield generation with compliant digital asset management.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.