| icon | hand-wave | |||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| cover |
|
|||||||||||||||||||||||||||||||
| coverY | 0 | |||||||||||||||||||||||||||||||
| layout |
|
Axion Money presents ION, an innovative, security-focused, DeFi native stablecoin designed to solve the challenges faced by previous generations of stablecoins:
- provably secure and unruggable: ION’s backing reserves are verifiably onchain, while admins have limited rights over the collateral
- profitable repegging verifiably ensured by the design of the AMO
- decentralised peg management so robust it can be triggered by any user
- incentivised trading, generating fees for both DeFi participants and Dexes