New Money Market Opportunity on @ionicmoney! 🚨
Introducing the $OGN Ionic money market!
TL;DR:
You can now borrow against your OGN holdings on Ionic, here’s how it works:
Get OGN on Aerodrome https://t.co/vnWkXFZ6U6
Go to Ionic and deposit it into the OGN market: https://t.co/paKak9pajX
Borrow $USDC or any other assets.
Repeat Step 1 - 3 to increase your OGN exposure depending on your risk tolerance.
The market has a collateral factor of 77%, meaning you can borrow up to 0.77 ETH for each 1 ETH of OGN supplied to the market.
You’re now good to go.