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 Mozambique
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 Advcash, SEPA, Faster Payments, or PIX payment gateways 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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Mozambique is a country in Southeast Africa that is bordered by Eswatini, Tanzania, Malawi, Zambia, and Zimbabwe. The country takes up an area of 801,590 km2 and is populated by 31,693,239 people. The capital of Mozambique is Maputo. The official language is Portuguese and the national currency is Metical (MZN).
Mozambique is blessed with extremely diverse and plentiful natural resources, as well as extensive plateaus and lands. Having a large number of endangered and vulnerable species, the state has established a total of 32 protected areas of different kinds to preserve the exotic wildlife. It comes as no surprise when top attractions in Mozambique include the likes of Gorongosa National Park, Bazaruto Archipelago National Marine Park, Maputo Special Reserve, and Niassa Reserve.
The country’s economy has been thriving in recent years, making the lives of the people somewhat better off. If you are in Mozambique and want to invest in Ironclad(ICL), you can do so securely and efficiently in just a matter of minutes with Bitget. Purchasing crypto can be done easily even if you only have MZN and have never owned crypto before because the exchange offers a variety of secure payment methods such as P2P trading, crypto deposits, Apple Pay, Google Pay, and different credit card services.