According to Foresight News, Ion Protocol, a liquidity release protocol for stakers, has announced that the total amount of deposits in the protocol is $10 million. The mainnet has been opened today. Users can access the application and make deposits only with a referral code. Ion points accumulate daily, with each ETH accumulating one point per hour.
Lenders can earn double points from ether.fi, Renzo, and Kelp DAO, and 2.5 times points from Swell. Borrowers, on the other hand, can earn 14 times points from ether.fi, Renzo, Kelp DAO, and Swell. This development marks a significant milestone for Ion Protocol as it continues to grow and expand its services.