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Ionise Money Market Protocol Launches on Zilliqa EVM

Twitter icon  •  Published il y a 5 mois  •  Hassan Maishera

The Zilliqa team announced via a blog post on Monday that Ionise, the first money market protocol built on Zilliqa EVM, has officially launched on mainnet.

The Zilliqa team announced via a blog post on Monday that Ionise, the first money market protocol built on Zilliqa EVM, has officially launched on mainnet. Ionise is a decentralised money market protocol that allows users to lend or borrow tokens running on the Zilliqa EVM network and is completely non-custodial, meaning users retain full control over their holdings.

The launch of Ionise marks the first deployment of an EVM-based money market protocol on the Zilliqa blockchain. At launch, the platform supports borrowing and lending for two tokens, zUSDT and ZIL, with plans to add support for more tokens going forward.

Zilliqa (ZIL) is one of the world’s first blockchains being built on a sharded architecture and features smart contracts written in the platform’s proprietary programming language: Scilla. ZIL is trading at $0.02102 at press time, up by 3% in the last 24 hours.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.