Zilliqa (ZILUSD)

[europa7]

Zilliqa (ZIL) Ionise Uncovering the DeFi Potential
https://thecurrencyanalytics.com/altcoins/zilliqa-zil-ionise-uncovering-the-defi-potential-42298.php

https://blog.zilliqa.com/the-exciting-future-of-defi-on-zilliqa/

"...Zilliqa are working on several use cases in different verticals. EVM is enabling a DeFi ecosystem, which is expected to open up the Zilliqa network to hundreds and thousands of Solidity developers and dApps.

Ionise, the money market protocol is focused on creating a DeFi ecosystem with exceptional potential on Zilliqa network in a way to help developers and people leverage.

Matt D Dyer stated, “Zilliqa has looked at accelerating the growth and diversity of its DeFi space for a long time. What we see from other layer-one chains is that it’s key to build the modules or the building blocks that enable developers and people to build out a DeFi ecosystem.” Further stated, “A key application to enable that is a money market protocol that allows users to lend and borrow assets in a trustless manner, which is a key component in terms of peer-to-peer settlements.”

Matt Further added, “In terms of market penetration and raising awareness of Zilliqa, not having a money market solution as part of our ecosystem has been a little bit of a barrier for people to build and develop on our blockchain. It’s a key component that I’m so excited that we’re going to be implementing,”

The building of Zilliqa’s DeFi ecosystem will require engagement from several blockchain developers to propel the nascent DeFi space forward towards a major growth. Ionise is expected to give the needed kick-start for this evolution.

Ionise will allow people to lend and borrow, creating leverage. It will also encourage the development and adoption of new DeFi applications. Ionise is expected to create a domino-effect application which will make it possible for more people come and build on the blockchain..."