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Build on Ion

Welcome

to

the

Ion

Ecosystem

Vite + TS

Partners and Integrations

with Ion Protocol

Learn more about the technology behind Ion

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Stader Labs

Liquid Staking Provider

About

Stader Labs is a liquid staking provider, with ETH as their 7th market. They apply many features native to the protocol to significantly reduce risk and increase access for users, particularly solo stakers. They’ll be part of our first cohort of markets being supported at launch, and the most capital-efficient market we’ll able to support thus far.

How it uses Ion Protocol

By taking advantage of ETHx’s lower bond requirements we can securely offer capital-efficient loans characterized by favorable LTV ratios and yield-reactive borrow rates. This equips users with an enhanced capacity to engage in the DeFi space or to compound their staking yields.

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EtherFi

Liquid Restaking Provider

About

Ether.Fi is the liquid restaking provider behind eETH. eETH is a Liquid Restaking Token that allows users to stake their ETH to accrue staking rewards and automatically restake their ETH in EigenLayer. weETH is the wrapped non rebasing version of eETH that can be used throughout the DeFI ecosystem. This is all made possible by a decentralized node operator set that natively restakes and allows users to maintain control of their keys.

How it uses Ion Protocol

In the EtherFi market, lenders and borrowers will both benefit. Lenders deposit stETH and earn the staking yield, the yield from borrower’s interest payments, and EtherFi points. Borrowers can amplify their exposure to EigenLayer Points, EtherFi points, and lock in their position to be first in line for amplifying their restaking yield.

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Fyde

Yield-Optimizer Vault

About

Fyde is an AI portfolio management service and liquidity optimizer. They’ve pioneered a secure, non-custodial 'liquid vault' representing the cutting edge of DeFi. Owners deposit a variety of digital assets into the liquid vault, retain ownership over their tokens and gain enhanced performance. This enables users to receive a systematic approach to mitigating risk in DeFi in a simple, painless solution. Additionally, users will be incentivised to trade the liquid vault token $TRSY, offering a reliable and efficient payment avenue. The governance token $FYDE enables a series of incentives to facilitate deep and efficient on-chain liquidity.

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How it uses Ion Protocol

Fyde integrates with Ion Protocol through enabling access to Ion via staked and restaked assets. By depositing in Fyde users will not only gain exposure to the broader LRT ecosystem, but also gain added risk adjusted exposure to LRTFi by utilizing Ion, giving depositors a reliable and sustainable source of additional yield. With Fyde users deposit ETH into multiple staking protocols at once, earning them points and eligibility for future airdrops (including $FYDE) as well as boosted ETH on ETH yield.

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Swell

Liquid Staking Provider

About

Swell is a non-custodial liquid staking protocol where users can earn passive income by staking ETH to earn blockchain rewards and be provided with swETH, a liquid staking token (LST), to hold or participate in the wider DeFi ecosystem.

How it uses Ion Protocol

Adding to the suite of opportunities available to swETH holders, Swell continues their journey to becoming the LST for DeFi with this integration. By utilizing their swETH as collateral, Ion is the first platform where users can borrow ETH to play a greater role in DeFi or compound their staking yield opening the doors to leverage, hedging, and various other financial strategies.

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Redstone

Oracle Provider

About

RedStone is an Oracle provider that revolutionizes data delivery for decentralized applications (dApps) and smart contracts across multiple Layer 1 and Layer 2 solutions, enhancing the DeFi ecosystem with frequently updated, reliable, and diverse data feeds. Boasting a modular architecture that guarantees data integrity from source to smart contracts, RedStone offers customizable integration methods, supports over 1000 assets from approximately 50 data sources, and operates across more than 20 blockchain networks. Since its mainnet launch in January 2023, RedStone has been pivotal in the growth of leading dApps like DeltaPrime, demonstrating its commitment to innovation and security in the DeFi space.

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How it uses Ion Protocol

Ion Protocol utilizes RedStone as a spot price oracle for collateral assets. This way when users open a position they have a reliable data source that enables them to access the most capital efficient loans on their collateral. This differs from the reserve ratio we use to verify beaconchain reserves. It gives borrowers accurate market pricing for opening positions, whereas the reserve ratio is used for liquidations in the event of a slashing.

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Modulus Labs

Infrastructure Partner

About

Modulus is a Zero-Knowledge machine learning research firm. This means they use cryptography to verify that results produced by AI and machine learning models aren’t doctored. Their team specializes in understanding the architecture being delivered by their clients, and customizing ZK circuits to fit their needs.

How it uses Ion Protocol

This integration is critical to Ion’s stack since we’ve designed our lending markets to be more asset-specific than those incumbent to DeFi. By understanding and quantifying the slashing risk of a validator set through our machine learning model, we can properly parameterizing the interest rates, LTVs, and other market details to ensure that we are minimizing the risk exposure to anomalous slashing risks.

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Renzo

Liquid Restaking Provider

About

Renzo is a Liquid Restaking Token (LRT) and Strategy Manager for EigenLayer. It is an easily accessible interface for users to gain access to the EigenLayer ecosystem securing Actively Validated Services (AVSs) and offering a higher yield than ETH staking. Renzo was built to promote the widespread adoption of Eigenlayer — facilitating permissionless innovation on Ethereum, and programmatically acquiring trust for the ecosystem. You can deposit ETH, stETH, or wbETH to mint ezETH, Renzo’s LRT.

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How it uses Ion Protocol

In Renzo’s ezETH market, lenders deposit stETH and earn staking yield plus yield from borrower’s interest payments. Borrowers can amplify their exposure to EigenLayer Points, Renzo ezPoints, and lock in their position to be first in line for amplifying their restaking yield.

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Succinct Labs

Infrastructure Partner

About

Succinct is a platform dedicated to fostering collaboration among the developer community in the realm of applications, proof systems, and proving infrastructure for Zero Knowledge (ZK) technology. They enable sovereignty, modularity, and coordination for developers in their selection of proof systems.

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How it uses Ion Protocol

We’ve integrated with Succinct to develop Gauge - our Zero-Knowledge Proof of Reserve framework - built specifically to facilitate the monitoring of ETH reserves in the validator groups we support. This enables us to facilitate an exchange rate for collateral valuation based on the ETH reserves of any validator backed asset’s validator group. A mechanism which reduces the volatility of the value of our collaterals, providing the opportunity for higher LTVs and lower borrow rates — a more trustless and efficient system.

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Kelp DAO

Liquid Restaking Provider

About

Kelp DAO was founded by Amitej G and Dheeraj B, who have previously founded Stader Labs, a multichain liquid staking platform with $350M+ in TVL. The team is focused on building Liquid Restaking Solutions for public blockchain networks. The Kelp DAO team is currently building an LRT solution, rsETH, on EigenLayer for Ethereum. rsETH is a Liquid Restaked Token (LRT) issued by Kelp DAO designed to offer liquidity to illiquid assets deposited into restaking platforms, such as EigenLayer. It aims to address the risks and challenges posed by the current offering of restaking. You can deposit sfrxETH, stETH, ETx, and ETH to mint rsETH.

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How it uses Ion Protocol

In KelpDAO’s rsETH market, lenders deposit stETH and earn staking yield, yield from borrower’s interest payments. Borrowers can amplify their exposure to EigenLayer Points, Kelp Miles, and lock in their position to be first in line for amplifying their restaking yield.

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Lido

Liquid Staking Provider

About

Lido is a liquid staking provider deployed on Ethereum and Polygon. Since 2020, they’ve gone on to have over 9 million ETH staked with them and are currently the leading representation of staked ETH overall as well as staked ETH in DeFi.

How it uses Ion Protocol

We’re brining the most capital efficient and secure lending and borrowing experience to the most prominent representation of staked ETH in DeFi. The experience of able to borrowing, lending, hedging, and compounding the staking yield for holders of stETH will be elevated with better rates, higher LTV, and less volatility.

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VaultCraft

Yield-Optimizer Vault

About

VaultCraft is a DeFi yield-optimizing protocol, designed for users to effortlessly create, deploy, and earn from automated yield strategies. At the core of its innovation are Smart Vaults and a seamless one-click feature for zapping and depositing across different chains, enhancing asset strategy customization. Governed by VaultCraftDAO, the protocol is dedicated to advancing DeFi's accessibility and efficiency. VaultCraft is committed to supporting public goods and the broader DeFi ecosystem through its protocol. Part of its innovative approach includes a dedicated framework for public goods funding. This aspect of VaultCraft ensures that a portion of the protocol's earnings is allocated towards initiatives and projects that benefit the wider community, reinforcing its commitment to sustainable growth and positive impact within the DeFi space.

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How it uses Ion Protocol

VaultCraft integrates with Ion Protocol through its innovative on-chain, permissionless system that enables custom vault creation. These vaults automate asset strategies to optimize returns on deposited funds on either the lender side, borrower side, or even both sides of Ion. Utilizing the ERC4626-Wrapper, VaultCraft vaults can interact with various protocols, allowing us to extend the strategies used by our vaults across DeFi. Moreover, the vaults are stackable, allowing us strategies to be built on top of other vaults. This structure opens up diverse strategies for maximizing returns on staked and restaked Assets.