ionic IONPrice $ 0.000981

Ionic is a decentralised non-custodial money market protocol, supported by a comprehensive security monitoring and failsafe systems. Ionic gives users complete control over their funds by providing best interest rates on Mode Network. With meticulously designed tokenonomics model, Ionic aims for robust and long-lasting growth, cultivating exemplary conduct among all participants for the collective benefit of every stakeholder.

Ionic's lending operations are fully governed by a code-centric environment, eliminating traditional intermediaries and streamlining the lending process. It incorporates an automated system that dynamically adjusts lending and borrowing rates based on set criteria, such as changes in the pool's capital utilization rate.