What Is Ironclad (ICL)?
Ironclad is a decentralized borrowing and lending liquidity market that draws inspiration from Aave. It is a part of the Cod3x MRP program aimed at bringing significant firepower to Mode. Ironclad Finance functions as a decentralized non-custodial liquidity market protocol, allowing users to take part as depositors or borrowers. Depositors contribute liquidity to the market to earn passive income, while borrowers have the option to borrow in an overcollateralized (perpetually) or undercollateralized (one-block liquidity) manner.
How Ironclad (ICL) Works
Ironclad offers a staking module for users to stake their ICL and earn from protocol revenue. The ICL staking module, a Cod3x Relic, provides time-weighted rewards to users who deposit their ICL into the ICL Relic, allowing Ironclad to distribute time-weighted emissions favoring long-term stakers. Staking rewards include Lend Module fees paid in WETH and MODE, iUSD mint and redemption fees paid in iUSD and oICL. Additionally, Ironclad intends to distribute MODE DevDrops to ICL Relic holders to further reward long-term stakers. Ironclad's revenue comes primarily from the Ironclad lending module and the upcoming Ironclad CDP, which will allow users to mint iUSD against premium collateral. The ICL Relic is programmed to record users' maturity and reward positions according to a multiplier, with a linear boost over six months, and up to a 1.5x multiplier. Users are rewarded with option tokens, or oICL, which can be redeemed, held, or traded.
How Many Ironclad (ICL) Tokens Are in Circulation?
ICL's total supply and circulating supply both amount to 300,000,000.
How to Buy Ironclad (ICL)
Consider investing in Ironclad (ICL)? It only takes 2 minutes to create an account on Bitget and start trading ICL.
Check out the available ICL trading pairs on Bitget!
Spot market
Ironclad (ICL) Resources
Simple 3-step guide to buying ICL today in Bulgaria
Create your free Bitget account
Select a funding method
Complete your Ironclad purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Ironclad using a payment method of your choice:
Buy Ironclad with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Ironclad order.
How to buy crypto with credit/debit cardBuy Ironclad with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Ironclad is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Ironclad order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Ironclad order.Buy Ironclad with the fiat balance in your Bitget account
You can Deposit fiat funds using SEPA to top up your Bitget fiat balance. Then click Buy Crypto > [Cash conversion] in the top navigation bar to place your Ironclad order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Ironclad in your Bitget spot wallet
Bitget—where the world trades Ironclad
How to buy Ironclad for free
- Learn how to earn Ironclad for free through the Learn2Earn promotion
- Earn free Ironclad by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Ironclad airdrops by joining ongoing challenges and promotions
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FAQ
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Plovdiv, the second largest city in the country, has been inhabited continuously throughout history since the 6th century BC. Today, this modern and bustling city is the administrative, academic, commercial, and traffic center for the south-central region of Bulgaria. Once in Plovdiv, it is possible to attend major events such as music and opera festivals. Plovdiv is a must-see city to visit and is still inexpensive. It is a very dynamic city. The old town, in particular, is worth a visit for its renaissance buildings. Plovdiv is unique and stands out for its ancient culture, its amazing culture, and the beauty of its old town. It also has many nice restaurants and very good sports facilities, which make it an old city with a young atmosphere.
The national currency is the Bulgarian Lev (BGN). Whether you're in Sofia, Plovdiv, Varna, or anywhere in Bulgaria, you can purchase cryptos easily on Bitget. Bitget is one of the most secure cryptocurrency exchange platforms that acquired U.S. MSB License, Canada MSB License, and Australian (DCE) License to ensure you have the safest trading experience.