On Ionic, users yield $ION by providing liquidity to Ionic’s markets and borrowing assets from it. $ION holders stake their $ION into incentivized Protocol Owned Liquidity Pools across DEX partners to earn additional yields in $ION, $VELO and $AERO.
While yielding from their positions, DEX LP tokens are locked into veION voting positions, used to increase emissions on pools of the holder’s choosing, both supply and borrow. This increases the $ION tokens emitted to your pool, thus increasing yields or reducing interest.
The emerging dynamics are profound. Protocols bootstrap lending pools for their users effectively, acquire POL faster and add utility to their token. Chains incentivize supply liquidity to bridge into their network efficiently, while users benefit from capital efficiency and higher yields. New strategies and potential Lending Wars can emerge.
$ION is traded on multiple pools with deep liquidity as a feature of its tokenomics. Fully KPI based, optimal vestings are adjusted based on market conditions and protocol growth.
Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link
The Chainlink Labs Channel Partner strategy is intended to outline a joint approach between Chainlink Labs and select accelerators, launchpads, incubators, devshops, and software tools to promote the user adoption and growth of the web3 ecosystem. Chainlink Labs and the channel partners will collaborate to accelerate and nurture the web3 ecosystem in key areas including gameFi, NFTs, developers, and startups.
Chainlink Labs is the leading provider of secure and reliable open-source blockchain oracle solutions, enhancing smart contracts by connecting them to a wide range of off-chain data sources and computations, such as asset prices, web APIs, IoT devices, payment systems, and more. We are dedicated to the development and integration of Chainlink as the standard decentralized oracle framework used by smart contracts across any blockchain.