PaltaLabs

**Soroswap Finance**, developed by Palta Labs, was built and tested during Soroban's early stages on the Stellar network. **Key Development Points:** - Built under real constraints during Soroban's testnet phase - Iterated alongside the protocol as it evolved - Validated ideas before mainnet launch The protocol's early presence meant working within actual limitations rather than theoretical conditions. This foundation continues to influence how Soroswap operates today. Soroban introduced smart contracts to Stellar with a focus on real-world DeFi infrastructure, not experimental features. Soroswap was part of the first generation of protocols built on this foundation. [Learn more about Soroban's launch](https://stellar.org/press/smart-contracts-launch-on-stellar)

Soroswap has completed its final Earn raffle, selecting **5 wallet addresses** based on actual protocol usage over time. **Key Details:** - Winners were chosen based on real vault deposits and activity, not simple sign-ups - The raffle rewarded users who deposited USDC into Soroswap Earn vaults - Participants earned regular yield while automatically entering the raffle - Each winner receives 100 USDC distributed on-chain The initiative ran through multiple weekly draws, with the final draw taking place on February 1st. Soroswap emphasized that the raffle was designed to reward genuine protocol engagement rather than speculative participation. Soroswap Earn operates on the [DeFindex protocol](https://defindex.io), which is integrated by various wallets and dapps in the Stellar ecosystem.