🎉 Ion Protocol has just secured $4.80M in its latest funding round! 🎉
🔹About: Ion Protocol is a DeFi platform designed to support the lending and borrowing of staked and restaked assets on Ethereum. It aims to provide a secure and capital-efficient environment for users to maximize their yields. The protocol is price-agnostic, meaning it doesn’t rely on price-based dependencies, which helps mitigate risks associated with price volatility. Ion Protocol leverages advanced risk management techniques, including zero-knowledge machine learning (ZKML) for risk underwriting, to ensure the safety and efficiency of its operations.
The platform supports composable markets, allowing users to create isolated or multi-collateral markets tailored to specific risk profiles. This flexibility helps minimize systemic collateral risk and manage second-order effects. Additionally, Ion Protocol offers automated flash loan strategies to enhance user experience by enabling efficient leveraging and deleveraging of assets 🚀
🔹 Lead Investors: SevenX Ventures, NGC Ventures, Robot Ventures, Bankless Ventures, Portal Ventures and many more.
🔹 Total Raised: $6.80M.
🔹 Project Category: DeFi, LSDfi.
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