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Following this announcement, users can participate in token lending on the Zilliqa network using wallets such as MetaMask and Coinbase.
Ionise has been launched to the public as a decentralized money market protocol that enables users to lend and borrow tokens within the Zilliqa EVM network, operating as a non-custodial system ensuring that users maintain full control over their assets.
The launch of Ionise is said to be a milestone for the Zilliqa blockchain as it marks the launch of the EVM-based money market protocol on the platform.
As the pioneer EVM-based money market protocol on the Zilliqa platform, Ionise is also compatible with widely used Web3 wallets that are also compatible with other EVM networks. Notably, Ionise will extend support to well-known wallets such as MetaMask, Coinbase, Ledger, and Brave upon launch.
Earlier this year, Zilliqa announced a strategic alliance with Google Cloud, adding it to the list of supported blockchain networks.
The coin gained 5% following the announcement, indicating growing investor interest.