Ion Protocol

Background

The advent of Proof-of-Stake (PoS) as a consensus model on Ethereum transformed how we view blockchains as trust machines by creating a system where trust could be exchanged for tangible financial value.

As an initial marketplace for this new commodity of trust, liquid staking providers became the first vendors. Shortly after, the emergence of re-staking marked the start of a new paradigm: the financialization of the commodity of trust.

Ion Protocol, founded in this context, aims to change the way we perceive credit risk for staked and re-staked assets by adopting a price-agnostic validator-native approach to underwriting trust as a commodity.

Ion is the lending platform for staked and re-staked assets. Deposit your assets in Ion and gain access to highly capital efficient loans at a low cost with minimal liquidation risk.

Since ion protocol is in testnet mode, make sure to participate for eligible Airdrop in the future

Here is how to participate :

• Visit https://www.app.ionprotocol.io/borrow
• connect your wallet and choose Ion protocol testnet chain
• Mint your Test net Asset on the page
• now you can start do the Testnet thing like : Lending and borrowing
• at Borrowing tab , you need to try all the feature : Earn, Leverage, Deleverage, Borrow , Repay
• do this several time / weekly