Ion Protocol

Ion Protocol focuses on asset-backed lending in the decentralized finance (DeFi) space. The firm enables users to lend and borrow against staked or restaked assets without exposure to price-based liquidation risk. Their protocol accepts various validator-backed assets, including liquid staking tokens and re-pledged holdings.

The company utilizes a zero-knowledge machine learning framework to underwrite credit risk for each market. This approach involves trustlessly gathering consensus layer and validator infrastructure data to facilitate efficient loans with minimal liquidation risk. Ion Protocol aims to provide innovative financial services that allow users to earn returns on their restaked assets.