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 Peru
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" tabCredit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Select 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 website
For 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 On-going challenges and promotions
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FAQ
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Located on the Pacific coast of South America, Peru is the third largest country in the continent, boasting a population of 32 million. Lima stands as both its capital and biggest city and is home to almost a third of the country’s entire population, overlooking Peru’s scenic western coast while serving as the nation’s political, financial, commercial, and cultural hub.
If you’re a fan of the great outdoors, Peru is perfect for those looking to experience a diverse range of biomes, spanning from the Pacific Ocean by the west to the famed Andes mountains running from north to south and finally to the Amazon Rainforest and River located in the east.
Economically, Peru is also one of the region’s most prosperous countries, reporting an average growth rate of 5.9% in 2017 and an industrial growth rate of 9.6% as of 2018. It forms part of an economic group in Latin America known as The Pacific Pumas and also actively partakes in the Asia-Pacific Economic Cooperation forum, the Pacific Alliance trade bloc, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, and the World Trade Organization.
Peru’s national currency is the Sol (PEN), and with direct support from Bitget, you can purchase Ironclad(ICL) in a matter of minutes, whether you’re in Lima, Arequipa, Trujillo, Chiclayo, or elsewhere in the country. Our exchange uses a variety of secure methods including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and numerous credit cards to offer you plenty of payment options with proven security.